Daily market Brief

Apr 17, 2024

Daily Market Brief 240417

PC
Peter Chung
MJ
Min Jung
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  • A minor sell-off was observed during the Asian hours, followed by a retracement during late US hours. Once again, there was a small net outflow in ETFs, and $BTC is currently trading at $63,805.

  • With just three days until the Bitcoin halving, expected on April 19, 2024, at 15:28 UTC, please watch out for soon-to-be released Weekly Hot Take #3.

  • On the listing front, $PRCL was added to OKX yesterday, and $OMNI is scheduled to be listed on Binance today.

  • Yesterday saw another day with a half-and-half split among the top 50 cryptos, with $PEPE, $MKR, and $NEAR as the top three performers, while $STX, $TAO, and $BCH were the top three losers.

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PC
Peter ChungHead of Research
MJ
Min JungResearch Analyst