Daily Market BriefJul 9, 2025

Daily Market Brief 250709

  • Markets are slightly higher on the day, with $BTC trading at $108,913, while $ETH is at $2,614. Bitcoin dominance remains strong at over 65%.

  • Dubai has approved a tokenised money market fund as part of its RWA strategy. The fund, launched under the emirate’s Virtual Asset Regulatory Authority (VARA), aims to bridge traditional capital markets with on-chain products.

  • A few other headlines include: spot Bitcoin ETFs saw $217MM in net inflows yesterday; Metaplanet plans to use its BTC reserves to acquire a digital bank and cash-generating assets; and Phantom has added perpetuals trading for EU users, powered by Hyperliquid.

  • During the last 24 hours, the top three gainers were $CRO, $ZEK, and $FLOKI, while the top three losers were $TKX, $HNT, and $B.

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