Daily Market Brief

Aug 21, 2024

Daily Market Brief 240821

Peter-Headshot
Peter Chung
Min-Headshot
Min Jung
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  • Without notable headlines, $BTC traded sideways around the 60k area. As of now, $BTC is trading at $59,139 and $ETH is trading at $2,577. Bitcoin dominance remains near an all-time high at 57%.

  • Few headlines include, Binance Labs invested in Corn, the first super yield network built around Bitcoin, The Tie and Delphi Digital introduced an Institutional Accelerator, and the SEC rejected Cboe’s 19b-4 filings for Solana ETFs.

  • On the listing front, new listings include $PEPE and $BRETT on the Upbit $USDT market, $BRETT on Binance Futures, and $DOGS through the Binance Launchpool.

  • During the last 24 hours, the top three gainers were $BTT, $BRETT, and $TRX, while the top three losers were $FET, $OM, and $PENDLE.

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Peter-Headshot
Peter ChungHead of Research
Min-Headshot
Min JungResearch Analyst