Daily Market BriefJan 20, 2025

Daily Market Brief 250120

  • $BTC continued its upward trajectory over the weekend but briefly dropped below the 100k mark as we headed into the Asia session. As of now, $BTC is trading at $101,319 and $ETH is trading at $3,216. Bitcoin dominance stands at 58.66%.

  • The biggest headline over the weekend was $TRUMP and $MELANIA. $TRUMP reached $70B FDV ($14B MC) in a day, and $MELANIA, which was launched 3 hours ago, is currently at $8.2B FDV. $TRUMP has plunged 40% since $MELANIA's release and is now trading at $45B FDV.

  • This week’s calendar includes the Trump inauguration happening in less than 24 hours, Davos 2025 taking place throughout the week, and a few earnings reports, including Netflix.

  • Over the past 24 hours, the top gainers were $MEOW, $TRUMP, and $FARTCOIN, while the top losers were $AI16Z, $POPCAT, and $S.

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