Daily Market Brief

Aug 28, 2024

Daily Market Brief 240828

Peter-Headshot
Peter Chung
Min-Headshot
Min Jung
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  • $BTC broke the 60k level and is currently trading at $59,450, down 5.4%. Paradigm reports that $3.5B in $BTC options are expiring with a max pain price of $62k. $ETH is also down, trading at $2,457 with an 8.3% decrease.

  • $NVIDIA will release its Q2 earnings after today's market close. The company is expected to report adjusted earnings per share (EPS) of $0.65 on revenue of $28.7 billion.

  • Key headlines include MakerDAO rebranding to SKY, MapleStory Universe introducing NXPC tokenomics, and the UAE freezing a contract to purchase 80 fighter jets from France following Durov’s arrest.

  • During the last 24 hours, the top three gainers were $TON, $SUN, and $NOT, while the top three losers were $ENA, $SATS, and $WIF.

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