The Latest price movements on crypto markets in context November 22, 2024.
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Latest Prices
CoinDesk 20, Index: 3,273.75 +7.19%
Bitcoin (BTC): $98,833.89 +1.06%
Ether (ETH): $3,356.95 +1.95%
S&P 500: 5,948.71 +0.53%
Gold: $2,707.27 +1.42%
Nikkei 225: 38,283.85 +0.68%
Top Stories
Bitcoin The time is drawing nearer to The $100,000 markThough its momentum is slowing. It The record-breaking performance continues Thursday At $99,500 and dropping below $99,000 as the U.S. market opens. BTC is up 1% over the last 24 hour, while CoinDesk 20 has seen a rise of 2%. Index Over 7% gain. Most Alternative cryptocurrencies (altcoins), which are included in the CD20, outperformed BTC. It is a sign that capital has been shifted to smaller, more volatile tokens because bitcoin’s pace has slowed. The The $100,000 price point is a significant level of resistance, where investors may be able to make profits on their investment. StillBTC could reach $115,000 by ChristmasSupported by a broadening stablecoin offer, inflows to ETFs, and bullish option positioning on BlackRock’s spot BTC (IBIT) ETF, 10x Research Saying in a Friday note.
Altcoins As regulatory headwinds appear to be clearing, the moment is right for them to shine. Gary GenslerThe chair of the U.S. Securities You can also find out more about the following: Exchange Commission The SEC is leaving on Jan. 20, President-elect Donald Trump’s inauguration date. Industry Participants expect that the new leadership of the agency will be more open in approving investment product for smaller tokens, and allowing stake for ETFs. XRP was the leader of the rally, gaining over 33% in just 24 hours. Cardano’s The ADA has risen by over 15%. Solana’s Native token (SOL), a large-cap altcoin, is the first to surpass the 2021 market peak.
Financial Service giant Charles Schwab Wants to directly offer cryptocurrency to users, The company’s incoming CEO said: A sign that U.S. Institutions are becoming more confident due to the expected regulatory shift towards digital assets. “We’ve been waiting on a change in the regulatory environment … and we’re confident that we think that will come in short order,” Rick Wurster In an interview, he said: Also, digital asset manager Bitwise The U.S. officially entered the race to launch an ETF based on spot solana.
Chart The cheapest way to buy a car is by using the Day
- Traders Decentralized exchanges are gaining popularity as people look forward to a more favourable crypto regulatory policy. Donald Trump’s presidency.
- Volumes Last week, spending on major DEXs reached a record high of $72.6 billion. Solana-based Raydium Alone, they account for an astounding 44% of total.
- Source: Artemis
– Omkar Godbole
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