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Daily Briefing: XRP surges, Ethereum up, and Bitcoin marches toward $100,000
By Team Luno
November 22, 2024 · 10 minute read.
🔷Can BTC reach $100,000?
🔷Ethereum comes back to life
🔷XRP surges
🔷SEC Chair announcement
There’s a renewed pulse in the crypto markets today, with XRP leading the charge, up over 25% in the last 24 hours. Bitcoin has added another 2%, flirting with the mythical $100,000 mark – it’s currently trading just shy of it at $99,400. Ethereum has also come back to life, posting an 8% gain overnight.
Most cryptocurrencies are in the green, with only a handful of exceptions. The Fear and Greed Index has climbed to 88, signalling Extreme Greed in the market. Traders are watching closely as speculation builds around what happens next: will Bitcoin break past $100K, or will we see a pullback?
Adding to the optimism, reports from Washington confirm that SEC Chair Gary Gensler will step down in January as President Trump assumes office. The expected pro-crypto policies under Trump’s administration are fuelling bullish sentiment, with many wondering how much higher this rally could climb.
🔷Ethereum comes back to life
🔷XRP surges
🔷SEC Chair announcement
There’s a renewed pulse in the crypto markets today, with XRP leading the charge, up over 25% in the last 24 hours. Bitcoin has added another 2%, flirting with the mythical $100,000 mark – it’s currently trading just shy of it at $99,400. Ethereum has also come back to life, posting an 8% gain overnight.
Most cryptocurrencies are in the green, with only a handful of exceptions. The Fear and Greed Index has climbed to 88, signalling Extreme Greed in the market. Traders are watching closely as speculation builds around what happens next: will Bitcoin break past $100K, or will we see a pullback?
Adding to the optimism, reports from Washington confirm that SEC Chair Gary Gensler will step down in January as President Trump assumes office. The expected pro-crypto policies under Trump’s administration are fuelling bullish sentiment, with many wondering how much higher this rally could climb.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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