Daily Market Brief•Apr 7, 2026

Daily Market Brief 260407

  • Market remains rangebound. As of now $BTC is trading at $68,852 and $ETH is trading at $2,106. Bitcoin dominance stands at 59.08%.

  • Chaos Labs, a key risk manager for Aave, is exiting after nearly three years due to disagreements with the DAO over its risk management approach, economics, and rising operational complexity tied to the upcoming V4 upgrade. The departure, following other contributor exits, highlights growing governance tensions and unclear legal liability around risk management.

  • A few other headlines include: Polymarket to change collateral token to Polymarket USD, Strategy acquires 4,871 $BTC for ~$329.9 million at ~$67,718 per $BTC, and SEC crypto safe harbor heads to White House review with a proposal expected shortly.

  • During the last 24 hours, the top three gainers were $SIREN, $RIVER, and $KITE, while the top three losers were $BTSE, $VVV, and $ZBCN.

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