Daily Market BriefFeb 11, 2025

Daily Market Brief 250211

  • $BTC continues to trade range-bound with no dominant headlines. As of now, $BTC is trading at $97,434, and $ETH is trading at $2,661. Bitcoin dominance stands at 61.56%.

  • The President of the Central African Republic announced the launch of the memecoin $CAR. $CAR surged to nearly a $1B market cap but is now trading at $70M.

  • A few headlines include: MicroStrategy acquiring 7,633 Bitcoins at an average price of $97,255, $IP being listed on Coinbase International Futures, and Bloomberg ETF analysts predicting that XRP, Solana, Dogecoin, and Litecoin have “high odds” of securing the necessary approvals.

  • Over the past 24 hours, the top three gainers were $TFUEL, $FARTCOIN, and $CHEX, while the top three losers were $MEOW, $XCN, and $ULTIMA

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