Daily Market Brief

Sep 16, 2024

Daily Market Brief 240916

Peter-Headshot
Peter Chung
Min-Headshot
Min Jung
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  • As the market awaits this Wednesday's FED’s decision, $BTC is trading around the $60k area. Currently, $BTC is at $59,138 and $ETH is at $2,317. Notably, ETH/BTC has fallen below 0.04, reaching its lowest level since 2021.

  • This week's calendar includes the FOMC meeting on Wednesday, the Bank of Japan meeting on Friday, and both Token2049 and Solana Breakpoint happening throughout the week in Singapore.

  • Over the weekend, a few headlines include Circle moving their headquarters to New York City, Trump-backed World Liberty Financial adding the Scroll co-founder as an advisor before its Monday launch, and Nillion integrating with NEAR Protocol.

  • During the last 24 hours, the top three gainers were $FTW, $CKB, and $SUPER, while the top three losers were $MOG, $AERO, and $LUNA.

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