Daily Market Brief

Oct 8, 2024

Daily Market Brief 241008

Peter-Headshot
Peter Chung
Min-Headshot
Min Jung
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  • $BTC briefly hit the $64k mark but has since retraced its gains. Currently, $BTC is trading at $62,245 and $ETH is trading at $2,422.

  • The HBO documentary titled "Money Electric: The Bitcoin Mystery" will be released at 9 pm ET. The market is speculating between three potential candidates for Satoshi Nakamoto: Len Sassaman, Nick Szabo, and Adam Back, through Polymarket and memecoins. Polymarket Event

  • Some recent headlines include: Donald Trump reaching his highest Polymarket odds since Kamala Harris accepted the Democratic Party’s nomination, Ranger Finance launching a data dashboard for Solana on-chain perp DEXs, and a U.S. bankruptcy judge approving FTX's reorganization plan.

  • Over the last 24 hours, the top three gainers were $NIERO, $SPX, and $MEW while the top three losers were $POPCAT, $HNT, and $MPLX.

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