Daily Market Brief•May 27, 2025

Daily Market Brief 250527

  • The market remains muted as the U.S. observes Memorial Day. As of now, $BTC is trading at $109,455 and $ETH at $2,563. Bitcoin dominance stands at 64.33%.

  • Hyperliquid and its ecosystem continue to draw the most attention. The platform has reached a record-high open interest of $10.1 billion, $3.5 billion in USDC TVL, and $5.6 million in 24-hour fees—highlighting its dominance in on-chain perpetual futures trading.

  • A few headlines include: Strategy has acquired 4,020 $BTC for ~$427.1 million at ~$106,237 per $BTC, Alpaca Finance to sunset 'all of its products' following Binance delisting, and Trump Media & Technology Group plans to raise $3 billion to invest in $BTC and cryptocurrencies.

  • Over the past 24 hours, the top three gainers were $ZBCN, $SAROS, and $QNT, while the top three losers were $SPX, $DEEP, and $HYPE.

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