Daily Market BriefJan 24, 2025

Daily Market Brief 250124

  • $BTC is mostly unchanged despite various crypto executive order-related headlines from a few hours ago. As of now, $BTC is trading at $103,912, and $ETH is trading at $3,338. Bitcoin dominance stands at 58.60%.

  • Trump signed an order related to crypto, including directives to develop a national digital asset stockpile, create a cryptocurrency working group, and rescind SAB 121 (see below for more).

  • A few other headlines include: Binance Labs rebranding to YZI Labs, expanding its investment focus to include Web3, AI, and biotech; Vitalik Buterin noting that political tokens can enable “unlimited” bribery; and Ledger’s co-founder reportedly being released after being kidnapped.

  • Over the past 24 hours, the top gainers were $XCN, $MEOW, and $SNEK, while the top losers were $VTHO, $AI16Z, and $XDC.

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