Daily Market Brief•Dec 26, 2024

Daily Market Brief 241226

  • Market continues to recover during Christmas, and $BTC is back near the $100k area. As of now, $BTC is trading at $99,391, and $ETH is trading at $3,491. Bitcoin dominance stands at 58.33%.

  • U.S. spot Bitcoin ETFs saw $338.4 million in net outflows on Tuesday, recording the fourth straight day of net outflows. However, U.S. spot Ethereum ETFs saw $53.6 million in net inflows on Tuesday.

  • The market remains quiet as we head into the holiday season. Few notable headlines include: MicroStrategy announces a Special Meeting for shareholders to vote on key proposals designed to accelerate the 21/21 Plan, and the Israeli Securities Authority sets Dec. 31 as the launch date for six Bitcoin mutual funds.

  • Over the past 24 hours, the top gainers were $MOVE, $BGB, and $TKX, while the top losers were $HYPE, $PNUT, and $DEXE.

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