Daily Market BriefJan 2, 2025

Daily Market Brief 250102

  • As we head into the New Year, the market remained quiet, and $BTC traded range-bound between $93K and $95K. Currently, $BTC is trading at $94,560, and $ETH is trading at $3,360. Bitcoin dominance stands at 57.64%.

  • Notable events in January include Trump’s Presidential Inauguration on Jan 20th and the Jan FOMC on Jan 29th. This week’s events include the $BIO listing and the FTX reorganization plan becoming effective on Jan 3rd.

  • A few notable headlines include Elon Musk changing his X profile back from Kekius Maximus, leading to a 60% drop in $KEKIUS price; Binance Labs announcing a rebrand; and USD0 (a stablecoin from $USUAL) temporarily depegging.

  • Over the past 24 hours, the top gainers were $TKX, $AI16Z, and $XLM, while the top losers were $AIXBT, $JTO, and $ZEREBRO.

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