Daily Market Brief

Oct 9, 2024

Daily Market Brief 241009

Peter-Headshot
Peter Chung
RM
Rick Maeda
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  • Markets were quiet overnight, with majors within 50bps of yesterday's close: BTC and ETH are at $60,199 and $3,295 respectively.

  • Yesterday was a big day for US spot bitcoin ETFs as they saw a combined $235 million in net inflows, led by Fidelity’s $FBTC.

  • The big news across Crypto Twitter today was Binance's announcement to list Ethereum Layer 2 Scroll’s token, $SCR, for pre-market trading.

  • Over the last 24 hours, the top three gainers were $SPX, $TURBO, and $BABYDOGE while the top three losers were $PEPECOIN, $ALEO, and $MEW.

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Peter-Headshot
Peter ChungHead of Research
RM
Rick MaedaResearch Analyst