Daily Market BriefJan 7, 2025

Daily Market Brief 250107

  • $BTC continues its rally and broke the $100k mark again. As of now, $BTC is trading at $102,248, and $ETH is trading at $3,687. Bitcoin dominance stands at 57.68%.

  • MicroStrategy has acquired another 1,070 BTC at an average price of $94,004 per bitcoin. They now hold 447,470 $BTC, acquired for ~$27.97 billion at an average price of ~$62,503 per bitcoin.

  • The market remains quiet with few headlines. Notable ones include Vivek Ramaswamy’s Strive filing to launch a ‘Bitcoin bond’ ETF and stablecoin regulation advocate Barr stepping down as Fed Vice Chair.

  • Over the past 24 hours, the top gainers were $AI16Z, $AIXBT, and $AKT, while the top losers were $FARTCOIN, $MOG, and $MORPHO.

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