Daily Market Brief•Apr 10, 2025

Daily Market Brief 250410

  • Market rebounded as Trump announced a 90-day pause on tariffs to most countries. As of now, $BTC is trading at $82,607 and $ETH is trading at $1,669. Bitcoin dominance stands at 63.35%.

  • One of the notable movements happened in the long end of the US Treasury. Before the US open, the 30-year yield reached 5% and the 10-year yield hit the highest level since February, which sparked rumors that one of the Japanese banks was bankrupt (see below). As of now, the US 10-year Treasury yield is at 4.291% and the 30-year is at 4.698%.

  • A few other headlines include: The U.S. Senate has confirmed Paul Atkins as Chairman of the SEC, SEC approves option on spot Ethereum ETFs, and Binance Futures will soon launch a new reward-bearing margin asset called LDUSDT.

  • Over the past 24 hours, the top three gainers were $FARTCOIN, $XCN, and $LAYER, while the top three losers were $SAROS, $GRASS, and $BDX.

Related Articles