Daily Market Brief

Aug 30, 2024

Daily Market Brief 240830

Peter-Headshot
Peter Chung
Min-Headshot
Min Jung
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  • $BTC saw a small rally during the European hours, which was retraced during the US hours. As of now, $BTC remains at the same level as yesterday at $59,374 and $ETH is at $2,528.

  • The Wall Street Journal reports that Apple and Nvidia are in discussions to invest in OpenAI, potentially valuing the AI company at over $100 billion.

  • Few headlines include Trump announcing plans to make the US the 'crypto capital of the planet (below for more),' Binance and Bybit launching their own Solana LST through Sanctum ($CLOUD), and Durov being released on a 5 million euro bail, with restrictions forbidding him to leave France.

  • During the last 24 hours, the top three gainers were $ZRO, $PEOPLE, and $AGIX, while the top three losers were $DOGS, $FLOKI, and $FET.

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