Daily Market Brief

Jun 24, 2024

Daily Market Brief 240624

PC
Peter Chung
MJ
Min Jung
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  • Without dominating headlines, $BTC continued to sell off, now trading at $63,196 and $ETH at $3,420. Another ETF outflow last Friday marks the sixth consecutive outflow.

  • A few notable headlines include Pantera Capital raising funds for a second TON token, spot Ethereum ETF issuers posting fee and seed investment disclosures, and Meta, Google, Anthropic, and Perplexity negotiating with Apple to incorporate their generative AI models into Apple Intelligence.

  • This week’s calendar includes US GDP on Thursday, the first U.S. Presidential debate, and the $BLAST launch on Wednesday.

  • During the last 24 hours, the top three gainers were $PEOPLE, $PEPE, and $TON, while the top three losers were $TRUMP, $TURBO, and $MOG.

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PC
Peter ChungHead of Research
MJ
Min JungResearch Analyst