Daily Market Brief

Jun 17, 2024

Daily Market Brief 240617

Peter Chung
Min Jung
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  • As the market digests heavy macro data, price action remains muted with $BTC trading at $66,674 and $ETH at $3,625. During the weekend, there was a small rebound in ETH/BTC, which is currently at 0.054.

  • This week is relatively quiet in macro compared to last week, with only a few FOMC members speaking. Additionally, $BOME and $NOT are set to list on Coinbase futures.

  • Over the weekend, a few notable headlines include the announcement of the LayerZero TGE date (6/20), Farcaster hinting at a possible token launch, and $IO ex-founder Shadid launching a new project called $O.

  • During the last 24 hours, the top three gainers were $API3, $BRETT, and $JASMY, while the top three losers were $NOT, $BICO, and $BTG.

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Peter ChungHead of Research
Min JungResearch Analyst