Daily Market Brief

Jun 3, 2024

Daily Market Brief 240603

Peter Chung
Min Jung
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  • It was a relatively quiet weekend with no dominant headlines. $BTC traded between $67.5k and $68.5k range, and is now trading at $67,773.

  • Biden vetoed the bill overturning SAB121 as expected. The full statement from the White House can be seen below. 

  • This week’s macro events include U.S. PMI data on Monday, JOLTS data on Tuesday, the ECB meeting on Thursday, and initial jobless claims data on Friday. On the listing front, Taiko is expected to debut on Wednesday and Ultiverse on Thursday.

  • With ‘low float, high FDV’ cryptos finally rebounding, the top three gainers during the last 24 hours were $NOT, $AEVO, and $RBN, while the top three losers were $MOG, $TRUMP, and $LPT

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Peter ChungHead of Research
Min JungResearch Analyst