Daily Market BriefDec 23, 2024

Daily Market Brief 241223

  • After the market rebound during Friday US hours, $BTC retraced most of its gains. As of now, $BTC is trading at $95,189, and $ETH is trading at $3,281. Bitcoin dominance stands at 58.90%.

  • The market will be quiet as we head into the holiday season, with Christmas on Wednesday and initial jobless claims on Thursday.

  • Noticeable headlines over the weekend include: Trump announced that Bo Hines will lead his “Crypto Council” as the Executive Director, Tether made a “strategic investment” of $775 million into the right-leaning streaming platform Rumble, and Kaito launched an NFT genesis collection for early supporters.

  • In the past 24 hours, the top gainers were $LPT, $PNUT, and $CTC, while the top losers were $SPX, $MOVE, and $HYPE.

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