Daily Market Brief

Aug 29, 2024

Daily Market Brief 240829

Peter-Headshot
Peter Chung
Min-Headshot
Min Jung
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  • $BTC has briefly regained the 60k level and is currently trading in a rangebound pattern. As of now, $BTC is trading at $59,016 and $ETH is at $2,527.

  • $NVDA reported $30 billion in sales, surpassing Wall Street estimates of $28.7 billion. Despite the stronger-than-expected numbers, shares are down 8% in post-market trading. 

  • Key headlines include OpenSea receiving a Wells notice from the SEC, Ton resuming block production after a 6-hour outage, and Donald Trump launching a new NFT collection that includes IRL benefits.

  • During the last 24 hours, the top three gainers were $DOGS, $IMX, and $HNT, while the top three losers were $ORDI, $MKR, and $FET.

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