Daily Market Wrap | Dec. 31

Hot Topics

• Bitcoin rises above $89,000, posting rare gains during U.S. trading hours amid year-end rebound bets.
• Grayscale files S-1 for first U.S. Bittensor (TAO) ETP amid increasing decentralized AI interest.

Market Updates

• Winklevoss-backed Cypherpunk adds $29M ZEC, lifting holdings to 290K tokens (~1.8% of circulating supply).
• Standard Chartered reiterates bullish XRP forecast of $8 by 2026.