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Trading Desk Market Update: 12/28

December 28, 2021

BTC is currently trading around $49,200 and ETH around $3,900.  Notable gainers in the last 24 hours are SUSHI, ICX, and SPELL.  The global crypto market cap is $2.45T, down 3.7% over the last day.  DeFi Total Value Locked is ~$253b and BTC dominance is around 40%.

After briefly passing $52,000 last night, BTC is back below $50,000 and is down 4.2% over the last 24 hours.  BTC dominance is just below 40%, down from 44% in mid-November and 70% at the start of the year.  News is light today, but includes: Newly-formed BlockbusterDAO aims to raise $5m to buy defunct video rental chain Blockbuster and turn it into a streaming video service, and Deloitte and PwC have reportedly asked staff to disclose their crypto holdings in their annual risk assessment procedures. 

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