Daily Market Brief

Jun 18, 2024

Daily Market Brief 240618

Peter Chung
Min Jung
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  • $BTC saw a small rally during the US hours as the S&P500 and Nasdaq hit new record highs. $BTC is now trading at $66,498 and $ETH is at $3,511.

  • One of the highlight news for yesterday was that David Hirsch, who led the SEC’s Crypto Asset and Cyber Unit in the Division of Enforcement, has left the agency after serving for nine years and joined Solana memecoin trading tool, pump.fun.

  • Other notable headlines include the $ZK launch on Binance, Pirate Wires reporting that Trump has launched his official coin, and $AZUR planning to launch this week.

  • During the last 24 hours, the top three gainers were $MEW, $IOTX, and $XRP, while the top three losers were $TRUMP, $IO, and $PEOPLE.

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Peter ChungHead of Research
Min JungResearch Analyst