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| Long Live the Crypto—New ATHs | Bitcoin hit a new all-time high of $99,502 on Nov. 21, jumping over 4.5%. The surge came after reports that Trump's team might create a White House role for crypto policy, pushing the crypto market to a $3.17 trillion valuation . Among the top 10 altcoins, XRP is up 27%, ETH has gained 8%, and Solana has hit a new high, surpassing $260. | | | | Top Gainers and Biggest Losers | In the past two weeks, SOLO led gains with a 660% surge, followed by XLM at 380% and OM at 170% , showing strong market interest. However, NEIRO dropped 23% , making it the period's biggest loser. | | | Sologenic SOLO | $0.76 ▴ 160.17% | | | | | | Stellar XLM | $0.51 ▴ 113.64% | | | | | | Mantra OM | $3.64 ▾ -12.74% | | | | Wondering what are the best & worst performing crypto on a daily basis? Subscribe to our price alerts here. | | | What Is Pushing the Market? | What a Comeback! Solana hit a new all-time high on Nov. 22, two years after the FTX crash tanked its price. SOL reached $264.31 on Coinbase . It's been on a tear this year, up 160% since January 2024. Back in December 2022, after the FTX fallout, Solana dropped to under $10. | | Gary Gensler to Step Down SEC Chair Gary Gensler, known for his tough crypto stance, will step down on Jan. 20, 2025 , as Trump begins his second term. Gensler called his time at the SEC "an honor." Trump had earlier vowed to "fire" him to win over crypto fans. | | Bitcoin ETFs Smash $100B Bitcoin ETFs in the U.S. hit $100B in assets on Nov. 21 . Interest surged after the January launch of spot ETFs and Trump's Nov. 5 election win, with $5B in November inflows. | | | | The crypto market is on fire right now, so you might be thinking about selling some before a correction hits. But keep reading to find out if you should hold on like a true HODLer for bigger gains or cash out now. | | | The Bitcoin bill is gaining support in the U.S., boosted by Trump's win and the Republican Senate. With $18–19 billion in federal BTC holdings and state initiatives like Pennsylvania's reserve act, experts like Adam Back see Bitcoin potentially hitting $1 million. | Bitcoin could hit $150,000 in 2025 , based on past post-halving rallies. After previous halvings, Bitcoin surged 8,000% in 2012, 2,900% in 2016, and 560% in 2020. A similar rise after the April 2024 halving could bring it to $150K. With a pro-crypto administration and more institutional adoption, Bitcoin looks set to follow its historical pattern. | Bitcoin's current rally may peak at $100K , similar to 2021 when a bearish divergence led to a 77% drop. If history repeats, it could drop to around $60K, making a 40% correction, which also lines up with a key trendline. | | | Have you enjoyed this letter? | | | | | © Changelly 2015—2024
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