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Daily Market Brief 241008

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#Bitcoin
Presto Research
314Words
Oct 7, 2024

$BTC briefly hit the $64k mark but has since retraced its gains. Currently, $BTC is trading at $62,245 and $ETH is trading at $2,422. The HBO documentary titled 'Money Electric: The Bitcoin Mystery' will be released at 9 pm ET. The market is speculating between three potential candidates for Satoshi Nakamoto: Len Sassaman, Nick Szabo, and Adam Back, through Polymarket and memecoins. Some recent headlines include: Donald Trump reaching his highest Polymarket odds since Kamala Harris accepted the Democratic Party’s nomination, Ranger Finance launching a data dashboard for Solana on-chain perp DEXs, and a U.S. bankruptcy judge approving FTX's reorganization plan. Over the last 24 hours, the top three gainers were $NIERO, $SPX, and $MEW while the top three losers were $POPCAT, $HNT, and $MPLX.

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