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November 22 Hotspots
- Daily trading volume hits a new 12-month high, with significant changes in market dynamics
- The Trump administration may establish a "crypto czar" position, with Chris Giancarlo seen as a top candidate
- SEC Chairman Gary Gensler will step down on January 20, 2025
- The US CFPB has finalized rules for large non-bank digital payment companies, excluding cryptocurrencies
- A Texas court overturns the SEC's expanded "dealer" rule, protecting the crypto industry
Bitcoin Price Today
BTC is currently priced at $99,537, just a few hundred dollars away from $100,000, and many are waiting for BTC to break through $100,000. However, for BTC, the current bullish or bearish outlook is not that reasonable. The consecutive upward trend is difficult to determine when it will end, and the weekly chart has also shown three consecutive large positive candles, and according to the current trend, the upward momentum is likely to be greater.
Ethereum Price Today
Ethereum surged 9% today, trading at $3,331. Its 24-hour low and high were $3,083 and $3,388 respectively. ETH's market cap is $400 billion, and its 24-hour trading volume was $52 billion. Calculated by market cap, ETH is still the second-largest cryptocurrency, accounting for 12.20% of the market share.
Although the outflow of funds from the ETH ETF reached $9 million, we still need to wait for BlackRock's data to gain further insights. Additionally, ETH co-founder Vitalik Buterin purchased the Super Anon (ANON) token on Base, highlighting its potential as a revolutionary token in the privacy domain.
Layout 3 Altcoins with 100x Bull Market Gains!
1. SOL
SOL's price has undergone a dramatic transformation, rising from a 95% crash during the crypto winter (down to $8 by the end of 2022). In the past 24 hours, SOL has risen 11%, surging 360% year-over-year, solidifying its position as one of the best-performing tokens in the market. It is currently trading above $263, a significant increase from the $8 level during the 2022 crypto winter. Solana has set a new all-time high above $263, surpassing its previous record set in October 2021, representing a 360% year-over-year growth.
2. OM
The price of MANTRA (OM) has recently seen a significant surge. Over the past week, the price has soared 118.15%. Over the past month, the price has increased by 145.44%. Notably, the price has skyrocketed 458.96% in the past six months. These substantial gains highlight the strong upward trend in the altcoin market. Currently, MANTRA is trading between $2.24 and $4.47.
The 10-day simple moving average is $3.85, while the 100-day simple moving average is slightly lower at $3.67, indicating that the token will continue to grow over time. These data points suggest that the token is not currently overbought, providing insights into the market momentum and potential future trajectory.
3. LINK
Chainlink (LINK) is not just another altcoin; it is a pillar of decentralized finance, providing the data infrastructure for the operation of smart contracts. In the third quarter of 2024, Chainlink performed exceptionally well, with a 30% price increase, trading above $14. It is expected that the LINK price will break through $18, indicating that it still has significant growth potential. If the token reaches $18 or higher, a $35,000 investment in LINK at the current price could yield a substantial return.
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