Daily Market Brief•Dec 27, 2024

Daily Market Brief 241227

  • The market has retraced most of its gains from the small Santa Rally. Currently, $BTC is trading at $95,777, and $ETH is trading at $3,355. Bitcoin dominance stands at 58.45%.

  • One of the hottest stories on CT was $MIRA. The token was created by an anonymous user, with half of the supply sent to tech CEO Siqi Chen. The token’s name honors Chen's young daughter, Mira, who has been diagnosed with a rare brain tumor. The market cap soared to $80M, and Chen announced his intention to donate the profits to the research lab.

  • A few notable headlines include: Bitget announcing a token merger between $BWB and $BGB, Vitalik Buterin donating over $293,000 to a Thai zoo to adopt Moo Deng, and jobless claims falling to their lowest level in a month (219k).

  • Over the past 24 hours, the top gainers were $TKX, $BGB, and $ME, while the top losers were $FARTCOIN, $TURBO, and $MOG.

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