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- Sohrab Khawas
Sohrab Khawas
Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.
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Qadir AKQadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.
- Nov 24, 2025 12:53 UTC
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What Happened in the Crypto Market Today: XRP ETF News, MSTR Stock Drop, Bitcoin Price & Dogecoin Moves
Good morning, America!
A fresh week is here, and after last week’s major crypto wipeout, traders are anxiously watching to see if the market can bounce back.
Let’s quickly catch you up on everything that happened in the crypto market during the Asian trading session today.
So far, the mood is cautiously optimistic. Bitcoin and major altcoin prices are slightly up, sentiment is improving, and even the Fear & Greed Index has moved off the extreme lows, still in Fear, but better than the panic we saw a few days ago.
Crypto Market Today: Bitcoin, Ethereum, and XRP Price Shows Signs of Recovery
Bitcoin is holding steady above $87,000, recovering from its drop toward $80K earlier last week. BTC is currently trading near $87,455, up around 1.5%, and the market cap remains strong at $1.74T. Traders are turning positive again because rate-cut expectations jumped to 75% for December, adding some relief after the brutal sell-off.
Top 10 Crypto Prices Today
| Token | Price |
| Bitcoin | $ 90,625.62388968 |
| Ethereum | $ 2,991.65509372 |
| XRP | $ 2.17771542 |
| BNB | $ 885.91720613 |
| Solana | $ 141.07667178 |
| Tron | $ 0.27757217 |
| Dogecoin | $ 0.15246506 |
| Cardano | $ 0.42734482 |
| Bitcoin Cash | $ 537.12508580 |
| Hyperliquid | $ 34.68558049 |
Top Gainers
| Canton | $ 0.08489062 |
| Story IP | $ 2.60246391 |
| Kaspa | $ 0.05996633 |
| Aave | $ 182.51340888 |
| Hedera | $ 0.14476412 |
Top Losers
| Starknet | $ 2.60246391 |
| Dash | $ 0.14640309 |
| Aerodrome Finance | $ 0.70873291 |
| Zcash | $ 500.98159750 |
| MYX Finance | $ 2.58543837 |
Bitcoin Price Analysis (BTC)
BTC is stabilizing after a 30% shakeout. Funding rates turned negative, a sign that leverage has been washed out, while options traders continue to place large bets on 85K–200K year-end calls.
Arthur Hayes expects some choppiness, with a possible dip into the low $80Ks, but believes $80K will hold.
Some analysts expect a fake-out rally to $88K–$90K, followed by one last flush below $80K, similar to the August–September 2025 pattern, before the real trend resumes.
Ethereum Price Analysis (ETH)
ETH is struggling to reclaim the $2,800–$2,900 zone.If it breaks above, we could see a move toward $3,300–$3,400.But there’s a catch: Sunday pumps are creating CME gaps, and every gap in the past 5 months has been filled within 1–2 weeks. If ETH loses momentum, it could slide toward $2,500.
The market looks healthier than last week, not bullish, but recovering. BTC reclaiming $88K–$90K would be a crucial signal. A dip to $80K still seems possible, but unless macro data surprises badly, the worst of the panic seems behind us.
Top Crypto News Headlines Today
Here’s what happened in the crypto world today,
1. Bitcoin Community Calls for JPMorgan Boycott
JPMorgan dumped 25% of its MicroStrategy holdings right before MSCI announced that Bitcoin-heavy companies won’t be added to major indexes. This timing sparked outrage across Crypto X, with many accusing JPMorgan of acting on early information and hurting BTC-related stocks.
2. 21Shares Expands in Nasdaq Stockholm
21Shares added 7 new crypto ETPs in the Nordic market, bringing the total to 17.
This gives European investors more regulated options to invest in AAVE, DOT, LINK, HODL indexes, and more a bullish sign for institutional adoption.’
3. South Korea Prepares Penalties for Major Exchanges
After heavily fining Upbit, Korea’s FIU is now targeting Korbit, Gopax, Bithumb, and Coinone.
Violations are expected to be similar, and penalties could be completed by mid-2025.
Regulatory pressure in Korea is heating up again.
4. Pump.fun Cashed Out Over $436M USDC
On-chain data shows Pump.fun has moved over 436.5M USDC to Kraken since Oct 15.They also sold 4.19M SOL worth $757M during 2024–2025.This huge offloading raised concerns about who’s behind these moves and whether it affects market liquidity.
5. Trump’s DOGE Agency Disbanded
Reuters confirmed that the U.S. government’s “Department of Government Efficiency (DOGE)”—yes, the same one Trump created—has been shut down early.Officials said it “doesn’t exist anymore,” ending months of rumors.
6. UPBIT Plans a U.S. Nasdaq IPO
Korea’s biggest exchange is preparing to go public in the U.S.This could become one of the largest crypto exchange listings outside the U.S. after Coinbase.
7. $566M in Token Unlocks This Week
Several major tokens, including SOL, WLD, TRUMP, DOGE, OP, TAO, and others will unlock over the next 7 days. Expect possible volatility around these assets as new supply hits the market.
8. Grayscale Launches XRP ETF Today
With $35B AUM, Grayscale launching an XRP ETF is the biggest institutional move for XRP yet.Smaller issuers already saw strong inflows — now the market wants to see how the “big player” performs.
9. Bitkub Plans $200M Hong Kong IPO
Thailand’s major exchange Bitkub is shifting focus from its domestic market to Hong Kong, aiming to raise $200M. This positions Hong Kong as Asia’s fastest-growing crypto listing hub.
10. China Quietly Returns to Bitcoin Mining
Despite a 2021 ban, China now contributes 14% of global hashing power again.Miners are building new facilities in Xinjiang and Sichuan due to cheap surplus energy.
11. Digital Asset Funds See Massive Outflows
Crypto investment products saw $1.94B outflows last week, the 3rd-largest since 2018.
BTC took the biggest hit with $1.27B outflows; ETH saw $589M.
If macro data comes in soft and ETF flows remain positive, next week could mark the beginning of a slow but strong recovery phase. But if inflation surprises to the upside or unlocks trigger heavy selling, we might see one more wave of downside before the market stabilizes. Either way, next week feels like a turning point, the kind that decides whether December becomes a relief rally or another shakeout.
Never Miss a Beat in the Crypto World!
Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
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