Daily Market Brief•Jan 14, 2025

Daily Market Brief 250114

  • The crypto market experienced a volatile session where $BTC sold off and dropped below the $90k mark, and ETH fell under $3k. However, both have since rebounded above those levels. As of now, $BTC is trading at $94,534 and $ETH is trading at $3,137. Bitcoin dominance stands at 58.53%.

  • MicroStrategy has acquired another 2,530 BTC at an average price of $95,972 per bitcoin. They now hold 450,000 BTC acquired for $28.2 billion at an average price of $62,691 per bitcoin.

  • Some notable headlines include: Trump expected to issue executive orders pertaining to crypto on day one, according to the Washington Post; Coinbase lists $PNUT; and Tether and its subsidiaries are about to complete all formalities to relocate to El Salvador.

  • Over the past 24 hours, the top gainers were $FARTCOIN, $GRASS, and $AI16Z, while the top losers were $DEXE, $FAI, and $TFUEL.

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