Wow, what a wild ride the crypto world is on right now! The total market cap of digital assets has skyrocketed to an all-time high of a staggering $3.65 trillion. To put it in perspective, that's nearly $600 billion more than the last peak during the 2021 bull run. Talk about some serious coinage!
November was a party month for crypto, with a jaw-dropping $1.2 trillion pouring into the market. That's more than everything gained in October 2023, in just four weeks! Crypto is now even bigger than Apple, the world's largest company. Move over, Cupertino, there's a new giant in town!
Hunter Horsley from Bitwise is buzzing with excitement, suggesting it's time for a fresh mindset. Forget about the slice of the pie; it's time to bake a bigger one!
Bitcoin has been on a tear, thanks in part to Donald Trump's presidential victory. It gained a whopping 40% in November, setting the stage for one of its best years in a decade. The Kobeissi Letter called this surge “truly historic,” as Bitcoin prices shot up 49% in just four weeks.
But it’s not just Bitcoin having all the fun. Altcoins are stealing the spotlight over the weekend. Ethereum's been on a tear, hitting a six-month high at $3,750. XRP is soaring too, reaching a six-year high at $2.48, flipping Solana and Tether to become the third-largest digital asset.
Cardano, Avalanche, and Stellar Lumens are also making waves, with impressive gains. Cardano’s at its highest since March 2022, Avalanche is back to April levels, and Stellar Lumens is shining bright, thanks to XRP's performance.
Even more impressive, Hedera and Litecoin are joining the party with massive gains. Hedera shot up 44%, while Litecoin jumped 20% to hit $125 for the first time since March 2022.
It's a great time to be in crypto, as these digital assets are not just making noise—they're making history!
