Daily Market BriefOct 8, 2025

Daily Market Brief 251008

  • Crypto market declines alongside equities. As of now, $BTC is trading at $121,356 and $ETH at $4,447, with Bitcoin dominance at 58.99%.

  • Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, is investing $2 billion in Polymarket, valuing the prediction platform at roughly $9 billion post-money (see below for more).

  • A few other headlines include: S&P launching a new crypto index, the U.S. government shutdown complicating the path forward for the crypto market structure bill, and Bitcoin life insurer Meanwhile raising $82 million to expand its operations.

  • During the last 24 hours, the top three gainers were $COAI, $FORM, and $CAKE, while the top three losers were $ZEC, $FARTCOIN, and $2Z.

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