Daily Market BriefDec 24, 2024

Daily Market Brief 241224

  • As we head into the holiday season, $BTC appears to be consolidating near the $94–95K range. Currently, $BTC is trading at $94,852 and $ETH is trading at $3,422. Bitcoin dominance stands at 57.73%.

  • CT has been buzzing about the Hyperliquid situation, with concerns over potential exposure to North Korean hackers. Hyperliquid has responded, stating: “THERE HAS BEEN NO DPRK EXPLOIT – OR ANY EXPLOIT FOR THAT MATTER.” For a TL;DR, see the thread here.

  • Notable headlines include: $BIO will be listed on Binance through Launchpool, Binance and Kraken have co-led a $10 million Series A funding round for $USUAL, and MicroStrategy has purchased over 5,000 Bitcoin for $561 million.

  • Over the past 24 hours, the top gainers were $VIRTUAL, $DEXE, and $SPX, while the top losers were $CHEX, $CTC, and $VANA.

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