Current Cryptocurrency News as of 28 November 2025: Bitcoin's Surge, Altcoin Rally, Market Analysis, Top 10 Cryptocurrencies, and Key Trends for Investors.
As of the morning of Friday, 28 November 2025, the cryptocurrency market is exhibiting a robust growth following recent volatility. Bitcoin has set new historical records, surpassing the $90,000 mark for the first time, thereby providing momentum to the entire market. Against the backdrop of the flagship's rise, investors are witnessing a broad altcoin rally, with the total market capitalisation exceeding $3 trillion once again. The increasing support from institutional investors and a favourable macroeconomic environment contribute to the strengthening of digital assets, although sentiment remains cautious.
Bitcoin Sets New Record High
The leading cryptocurrency, Bitcoin (BTC), has resumed its upward trajectory and has reached a record high. As of the morning of 28 November, BTC trades at approximately $91,000, marking an increase of about 4% compared to the previous day. This surge followed a brief correction midweek when Bitcoin dropped to local lows. The rapid rebound and breach of the psychological level of $90,000 indicate a return of bullish momentum to the market. The current market capitalisation of Bitcoin stands at around $1.8 trillion, accounting for more than half of the total cryptocurrency market. Active trading (with a daily volume exceeding $130 billion) points to growing liquidity and interest from traders and investors. For Bitcoin, this constitutes a new historical high, reaffirming its status as "digital gold" and boosting market participants' confidence.
Ethereum and Leading Altcoins on the Rise
In the wake of Bitcoin's triumph, the second largest digital asset by capitalisation, Ethereum (ETH), is also demonstrating strong growth. The ETH price has climbed back above the crucial level of $3,000, having strengthened approximately 3% over the past 24 hours. This signals a rebound following a recent downturn: Ethereum follows Bitcoin's dynamics, remaining fundamental to the decentralised finance and application ecosystem. Other major altcoins among the market leaders are also moving upwards, reflecting a broad shift of capital into risk assets:
- BNB: Binance's exchange coin has increased by approximately 3%, reaching the $880–890 range and maintaining a positive trend amid a revival of trading activity.
- Solana (SOL): One of the leading smart contract platforms has soared over 5%, closing in on $145. Solana remains in the spotlight due to its high growth since the beginning of the year and the expansion of blockchain usage.
- Ripple (XRP): The XRP token is trading at around $2.20, gaining about 1–2% within a day. XRP remains among the top three cryptocurrencies, with interest fueled by the launch of XRP-based exchange-traded funds in the US, ensuring an influx of institutional capital.
- Dogecoin (DOGE): The largest meme cryptocurrency has added about 2%, trading around $0.15. The launch of the first spot-ETF on Dogecoin in the US has provided additional momentum for DOGE: although initial trading volumes were modest, the very existence of the ETF indicates growing recognition even for "meme" tokens in traditional markets.
Growth is being observed across nearly the entire spectrum of liquid digital assets. In the top ten largest cryptocurrencies, most coins have shown positive dynamics within the range of 4–5% over the past day, signalling a synchronous market recovery. Exceptions are minimal, and among smaller altcoins, there are remarkable results: for instance, over the last 24 hours, the Kaspa (KAS) project has surged by tens of percentage points, leading the growth rankings, while downward deviations are localised. Overall, the broad altcoin rally confirms a return of appetite for risk among investors.
Market Capitalisation and Bitcoin Dominance
The overall market capitalisation of cryptocurrencies is confidently holding above the $3 trillion mark today. In recent days, the market has gained more than 3%, recovering from previous losses. The return of capitalisation to multi-trillion-dollar values indicates an influx of funds and heightened interest in digital assets from global investors. Amidst this backdrop, there is a slight redistribution of shares between Bitcoin and altcoins. Bitcoin dominance following the recent surge is estimated at approximately 57–58% of the total market. This is slightly lower than the peak values at the beginning of the month (around 60%+), indicating a relative strengthening of positions among major altcoins. The decline in Bitcoin's share from recent highs is tied to a portion of capital shifting towards high-yield alternatives as the flagship stabilises. Analysts note that a decline in Bitcoin dominance to the high 50% range could be an early sign of an "altseason" — a period when altcoins grow at a faster rate. Thus far, Ethereum's share holds at around 11–12%, while the cumulative share of other leading altcoins continues to gradually increase. If this trend persists, the market may witness a more pronounced rally across a broad range of tokens, as cryptocurrency capitalisation aims for new heights.
Institutional Investments and New ETFs
One of the key drivers of the current market revival has been institutional inflows and the development of cryptocurrency investment products. This week, significant capital inflows into cryptocurrency-based spot exchange-traded funds (ETFs) have been recorded once more. Notably, substantial net inflows have been seen in Bitcoin ETFs (tens of millions of dollars over the past few days) in the US, indicating a return of interest from major investors after a recent downturn. A similar trend is observed with Ethereum and XRP funds, which have attracted significant sums. It is noteworthy that the authorities of Texas have announced the acquisition of Bitcoin ETFs valued at $5 million for the state's reserves, underscoring the long-term confidence regional institutions have in Bitcoin's potential.
The range of available ETFs on various digital assets continues to expand. Earlier this week, the first US spot ETF on Dogecoin (ticker GDOG) launched on the New York Stock Exchange Arca. Although its trading volume on the first day was modest (around $1.4 million, significantly below analysts' forecasts), the launch itself was a notable event for the industry. Concurrently, regulators approved new funds based on XRP and other altcoins, adding to the ETFs on Ethereum, Solana, and others that were launched earlier this autumn. High interest in products based on Solana and XRP was observed as early as October, when their funds demonstrated tens of millions of dollars in turnover in the first days. The expansion of the ETF spectrum indicates that cryptocurrencies are becoming increasingly integrated into the traditional financial system, enabling conservative investors to gain exposure to this asset class. Collectively, institutional activity and new investment instruments provide the market with additional resilience and liquidity influx, supporting the current rally.
Macroeconomic Environment Supports the Market
The current growth in cryptocurrencies is largely occurring against a favourable macroeconomic backdrop, aligning the dynamics of digital assets with other risk markets. Strong economic data has emerged from the US: initial jobless claims have dropped to their lowest levels since spring, signalling stability in the labour market. This news has bolstered investor confidence and triggered a rise in stock indices over the past week. Simultaneously, inflation indicators are showing a slowdown — for instance, producer price index (PPI) growth rates have decreased to their lowest levels since 2024. The slowing inflation and resilient labour market bolster expectations that the Federal Reserve may pursue further monetary policy easing.
Many market participants are pricing in a potential interest rate cut by the Fed as early as December 2025. The prospect of cheaper money traditionally supports capital inflows into high-risk segments, including cryptocurrencies. Against this backdrop, the US stock market demonstrated positive dynamics throughout the week, with the Nasdaq index even reaching new local highs. The cryptocurrency market, correlating with the technology sector's stocks, has also gained momentum for growth. An additional factor has been the relative calm during the Thanksgiving holiday period in the US: as trading activity in traditional markets diminished, some investors turned their attention to the round-the-clock cryptocurrency market. As a result, the combination of macroeconomic factors — from expected interest rate cuts to signs of an "soft landing" for the economy — has created a favourable atmosphere for the continuation of the crypto rally at the end of November.
Top 10 Most Popular Cryptocurrencies: Market Leaders
Below is the current list of the ten most popular and capitalised cryptocurrencies (excluding stablecoins) as of the end of November 2025, along with their current market positions:
- Bitcoin (BTC): around $90,000 per coin. The absolute market leader, dominating cryptocurrency with a ~58% share. Hits historical highs, demonstrating robust growth and attracting institutional capital.
- Ethereum (ETH): approximately $3,000. The largest altcoin and foundation of the DeFi ecosystem, occupying ~12% of the market. Follows Bitcoin's dynamics, regaining above the psychological level of $3,000 amidst the overall market upturn.
- Ripple (XRP): about $2.20. The third-largest crypto asset by capitalisation (among non-stable coins), focused on banking payments. Holds strong positions due to institutional interest and the recent emergence of exchange-traded funds based on XRP.
- Binance Coin (BNB): ~$880. Token of the largest cryptocurrency exchange, supporting its ecosystem. Entered a growth phase alongside the market, reflecting increased trading activity among platform users.
- Solana (SOL): ~$140. Leading blockchain platform for smart contracts, showcasing some of the year's best results. The price of SOL is steadily rising as the number of applications and investments in its ecosystem expands.
- TRON (TRX): ~$0.28. Blockchain platform known for its fast network and applications in entertainment and DeFi. TRX retains a place in the top 10, demonstrating stable capitalisation growth thanks to active network usage (including stablecoins based on Tron).
- Dogecoin (DOGE): ~$0.15. The most capitalised "meme coin," historically supported by popularity on social media. Continues to hold positions among the top coins; the recent launch of the ETF on Dogecoin confirms its recognition among investors.
- Cardano (ADA): ~$0.42. Next-generation blockchain focusing on scalability and sustainability. ADA is gradually recovering from declines, participating in the overall altcoin rally, and remains one of the most well-known cryptocurrencies among investors.
- Chainlink (LINK): ~$13. The largest project in the oracle space, linking smart contracts with real-world data. The LINK token has strengthened on growing interest in DeFi and collaboration with financial organisations, returning it to the ranks of the most capitalised coins.
- Hyperliquid (HYPE): ~$35. A relatively new market participant that has rapidly entered the top 10 following capitalisation growth above $10 billion. The project attracts attention with its innovative technologies and high returns, allowing it to claim a position among industry leaders.
The cryptocurrencies presented cover a significant portion of the global crypto market. Their quotes are updated in real time, and most are currently demonstrating an upward trend. For investors, this list serves as a guideline for the main assets shaping the market agenda.
Market Sentiment and Outlook
Despite the impressive recovery in prices, market participants' sentiment remains mixed. The Fear and Greed Index for cryptocurrencies, although it has risen in recent days (from an extremely low 15 points to the current ~22 out of 100), is still within the "extreme fear" zone. This indicates that many traders and investors remain cautious, and some players are inclined to lock in profits at the first signs of growth. Such an emotional backdrop is often observed in the early stages of recovery following deep corrections: the persistent fear signals that the market is not yet overheated and has the potential for further growth as confidence returns.
Analysts note that the recently concluded period of sell-offs was largely due to liquidity outflows and a lack of new capital inflows into crypto assets. Unlike the correction at the beginning of the year, primarily driven by macroeconomic factors, the autumn decline was associated with the internal dynamics of the market. Now, as a considerable portion of speculative "leveraged" positions has been liquidated and weak hands have exited the game, the market has the opportunity for more sustainable growth. Technical indicators are also improving: for instance, the relative strength index (RSI) of Bitcoin and Ethereum has emerged from the oversold territory, signalling a waning of selling pressure.
Moving forward, market participants will closely monitor the next steps of central banks, the dynamics of economic data, and the influx of institutional capital. If Bitcoin can establish itself above $90,000 and continue its rally, this could significantly improve sentiment and attract a new wave of investors, easing concerns about a repeat of the "crypto winter" in early 2026. On the other hand, persistent high volatility necessitates vigilance: unexpected macroeconomic announcements or regulatory decisions may temporarily cool market enthusiasm. Overall, however, the current situation appears optimistically balanced. The cryptocurrency market is entering the final month of the year with a clear growth momentum, and, provided the external backdrop stabilises, investors worldwide are hoping for a positive conclusion to the year for digital assets.
