Daily Market Brief

Jun 26, 2024

Daily Market Brief 240626

PC
Peter Chung
MJ
Min Jung
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  • After a major sell-off for a couple of days, the market finally saw a rebound. $BTC is now trading at $61,809, up 2.5% and $ETH is now trading at $3,395, up 1.3%.

  • VanEck filed Form 8-A for its Ethereum product. Eric Balchunas, ETF analyst at Bloomberg, noted that Form 8-A was filed 7 days before the launch of the Bitcoin ETF.

  • A few major headlines include Solana introducing “Blinks” and $BLAST launching today.

  • During the last 24 hours, the top three gainers were $WEMIX, $POPCAT, and $BRETT, while the top three losers were $PENDLE, $TURBO, and $FET.

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PC
Peter ChungHead of Research
MJ
Min JungResearch Analyst