Daily Market BriefOct 28, 2025

Daily Market Brief 251028

  • Crypto weakened in the US session leaving markets  largely unchanged on the day with $BTC at $114,107.99 and $ETH at $4,120.90.

  • ETHZilla announced a $40MM share buyback as its stock trades below NAV, with $12MM already deployed using ETH sale proceeds.

  • Other headlines: S&P assigned Strategy a B-rating citing BTC exposure and liquidity risks (see today’s Daily Pick for more); Strategy also bought 390 BTC for $43.4MM, bringing holdings to 640,808 BTC with 26% YTD yield; Trump-family memecoins, $TRUMP and $MELANIA, rallied as the POTUS said a US-China deal would happen.

  • During the last 24 hours, the top three gainers were $APEPE, $TRUMP, and $TIBBIR, while the top three losers were $COAI, $EIGEN, and $MYX.

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