Detailed Overview of Cryptocurrencies on 29 November 2025 - Bitcoin and Altcoin Analysis

/ /
Cryptocurrency News - 29 November 2025: Bitcoin at Historic Levels and Altcoin Rally
37
Detailed Overview of Cryptocurrencies on 29 November 2025 - Bitcoin and Altcoin Analysis

Current Cryptocurrency News for Saturday, 29 November 2025: Bitcoin Surge, Altcoin Rally, Dynamics of the Top 10 Cryptocurrencies and Key Trends for Investors.

As of the morning of Saturday, 29 November 2025, the cryptocurrency market is consolidating gains following a rapid rise in recent days. Bitcoin is holding above the psychological threshold of $90,000, which continues to support a positive sentiment across the market. Altcoins are maintaining their momentum, with the total market capitalisation once again exceeding $3 trillion, reflecting a resurgence of investor interest. The ongoing influx of institutional support and a favourable macroeconomic backdrop are strengthening the positions of digital assets, although overall sentiment among participants remains moderately cautious.

Bitcoin Holds Its Positions at the Market Summit

The largest cryptocurrency, Bitcoin (BTC), has stabilised at new highs following its recent rally. By the morning of 29 November, the BTC price hovers around $92,000, confidently remaining above the key level of $90,000. Over the last 24 hours, Bitcoin has seen a slight increase in price, confirming the persistence of bullish momentum following a brief correction mid-week. The solid retention of positions above $90,000 indicates the strength of the trend: the psychological benchmark is becoming new support, reinforcing the confidence of market participants.

The current market capitalisation of BTC is estimated at approximately $1.8 trillion, accounting for more than half of the total cryptocurrency market capitalisation. Daily trading volume for Bitcoin exceeds $120 billion, reflecting high liquidity and interest from both retail and institutional traders. The consolidation of Bitcoin at record levels enhances its status as "digital gold" and sets the tone for the rest of the market, facilitating the influx of new capital into the industry.

Ethereum and Major Altcoins Sustain Growth Momentum

Following the market leader, Ethereum (ETH), the second-largest digital asset by capitalisation is demonstrating strong recovery. The ETH price has returned above the critical mark of $3,000, currently trading around $3,100, having gained approximately 2-3% over the past 24 hours. This confirms the exit from its recent dip: Ethereum mirrors Bitcoin's dynamics while remaining the foundational element of the decentralised finance (DeFi) ecosystem and blockchain applications.

Other leading altcoins in the market are also moving upwards, reflecting a broader inflow of capital into risk assets:

  • Binance Coin (BNB): The token of the largest cryptocurrency exchange Binance has strengthened by about 2%, trading around $890, supported by increased trading activity on the platform.
  • Solana (SOL): One of the fastest-growing blockchain platforms has risen over 4%, nearing $145. SOL remains a focal point for investors due to impressive results since the start of the year and increased use of its network in DeFi and NFT projects.
  • Ripple (XRP): The token of the Ripple payment network is holding around $2.20, gaining approximately 1% over the last 24 hours. XRP firmly sits within the top three largest cryptocurrencies, with interest bolstered by the recent emergence of exchange-traded funds based on XRP, facilitating additional institutional capital inflow.
  • Dogecoin (DOGE): The largest meme coin is trading around $0.15, having risen approximately 2% over the day. The recent launch of the first spot ETF on Dogecoin in the USA has provided DOGE with additional momentum: although the fund's trading volumes are still modest, the mere existence of the ETF signifies a growing recognition of even meme tokens within traditional financial markets.

The growth encompasses almost the entire spectrum of liquid digital assets. Currently, the vast majority of coins in the top ten largest cryptocurrencies are demonstrating positive dynamics, indicating a synchronized market recovery. Exceptions are minimal, and among less capitalised altcoins, exceptional results can be found: for instance, the Kaspa (KAS) project has surged several dozen percent in the last day, topping growth rankings. This widespread altcoin rally confirms a return of risk appetite among investors and a gradual shift of interest towards higher-yield assets.

Market Capitalisation and Bitcoin Dominance

The total capitalisation of the cryptocurrency market solidly remains above $3 trillion. Over the past few days, the sector has regained over 3% in value, compensating for part of the recent losses. The return of capitalisation to multi-trillion values reflects the influx of fresh money and heightened interest from global investors in digital assets. Against this backdrop, a slight redistribution of shares between Bitcoin and the rest of the market is observed.

Bitcoin's dominance is estimated at approximately 57-58% of the total capitalisation following its recent spike. This is slightly below peak values from the beginning of the month (over 60%), indicating a relative strengthening of positions of larger altcoins. The drop in BTC's share from its recent highs is attributed to a portion of capital shifting towards high-yield alternatives amid the stabilisation of the flagship asset. Analysts note that a decline in Bitcoin's dominance to around 50% could serve as an early sign of the onset of "altseason"—a period when altcoins grow at a faster pace. Currently, Ethereum's share remains around 11-12%, while the total share of other leading altcoins is slowly increasing. If this trend of redistribution continues, the market may witness an even more powerful rally across a wide range of tokens, while total capitalisation aims for a new historical peak.

Institutional Investments and Development of Crypto ETFs

One of the key drivers of the current market revival has been the increase in institutional capital inflow and the expansion of the investment product range based on cryptocurrencies. This week has seen significant inflows into spot exchange-traded funds (ETFs) related to digital assets. In particular, in the USA, considerable net inflows into Bitcoin funds have been recorded—amounting to tens of millions of dollars in recent days, indicating a return of substantial investor interest after a recent downturn.

A similar dynamic is observed in funds based on Ethereum and XRP, which have also attracted significant sums. Notably, authorities in Texas have announced the purchase of a Bitcoin ETF worth $5 million for their reserves, underscoring regional institutions' long-term confidence in BTC's potential. Concurrently, financial regulators have approved the trading of new funds based on XRP and several other altcoins, supplementing the previously launched ETFs based on Ethereum, Solana, and others earlier this autumn.

The market is also seeing the introduction of fundamentally new products. Earlier this week, the first American spot ETF on Dogecoin (ticker: GDOG) was launched on the NYSE Arca. Although the trading volume of this fund on its first day was modest (approximately $1.4 million, significantly below predictions), the launch itself is a landmark event for the industry. The expansion of available ETFs clearly demonstrates that cryptocurrencies are increasingly integrating into the traditional financial system, allowing even conservative investors to gain convenient exposure to this asset class. Collectively, the activity of institutional investors and the emergence of new investment instruments provide additional liquidity and stability to the market, fueling the current rally.

Macroeconomic Background Favouring the Market

The current growth of cryptocurrencies is largely unfolding against a backdrop of favourable macroeconomic conditions, aligning the dynamics of digital assets with other risk markets. Strong economic data has emerged from the USA: for example, the number of unemployment claims has dropped to a spring-time low, indicating stability in the job market. This news has bolstered investor confidence and triggered a rise in stock indices over the past week.

Simultaneously, inflation metrics continue to decelerate. For instance, the growth rate of producer prices (PPI) has fallen to its lowest levels since 2024. The easing of inflationary pressures amid a stable job market enhances expectations that the Federal Reserve may pivot towards loosening monetary policy as early as December 2025. Many market participants are factoring in potential rate cuts by the Fed in the near future.

The prospect of cheaper money traditionally facilitates the inflow of capital into high-risk assets, including cryptocurrencies. Riding on such expectations, the American stock market demonstrated positive dynamics throughout the week, with the tech index Nasdaq reaching new local highs. The cryptocurrency market, which is correlated with the tech sector, has also received an additional growth impetus.

An additional factor has been the seasonal decline in activity on traditional platforms during Thanksgiving celebrations in the USA. Under conditions of reduced trading days and decreased volumes in classic markets, some investors have turned their attention to the 24/7 cryptocurrency market, boosting demand for digital assets. Thus, the combination of macroeconomic factors—from expectations of rate cuts to signs of a "soft landing" for the economy—has created a favourable environment 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 largest cryptocurrencies by capitalisation (excluding stablecoins) at the end of November 2025, along with their current market positions:

  1. Bitcoin (BTC) — around $90,000 per coin. The absolute market leader and dominant cryptocurrency with a share of ~58%. At historical highs, demonstrating steady growth and attracting institutional capital.
  2. Ethereum (ETH) — approximately $3,000. The largest altcoin and backbone of the DeFi ecosystem, occupies ~12% of the market. Follows BTC's dynamics; after a recent correction, it has surpassed the key $3,000 level amidst the overall market upturn.
  3. Ripple (XRP) — around $2.20. The third largest crypto asset (among non-stable coins), focused on global payments. Holds high positions due to interest from the banking sector and the launch of exchange-traded funds based on XRP, attracting additional investors.
  4. Binance Coin (BNB) — ~$880. The token of the largest cryptocurrency exchange Binance, enabling the operation of its ecosystem. Entered a growth phase along with the market, reflecting increased user activity on the platform and demand for its services.
  5. Solana (SOL) — ~$140. An advanced blockchain platform for smart contracts, demonstrating one of the best performances of the year. The SOL price is confidently rising due to the expanding number of projects on its network and the influx of investment into the ecosystem.
  6. TRON (TRX) — ~$0.28. A blockchain platform known for its fast network and applications in entertainment and decentralized finance. TRX maintains its place in the top 10, showing stable capitalisation growth due to active network usage (a significant share of stablecoins is circulating on TRON).
  7. Dogecoin (DOGE) — ~$0.15. The most capitalized meme token, buoyed by broad popularity on social media and community support. Continues to hold its place among leaders; the recent launch of the ETF on Dogecoin confirmed its recognizability and interest from the market.
  8. Cardano (ADA) — ~$0.42. A next-generation blockchain emphasizing a scientific approach to scalability and security. ADA gradually recoups its previous losses, participating in the overall altcoin rally and remains one of the most notable cryptocurrencies for long-term investors.
  9. Chainlink (LINK) — ~$13. A leading project in the oracle space, connecting smart contracts with real-world data. The LINK token has strengthened its position amid increasing interest in DeFi and partnerships with financial organizations, returning it to the ranks of the most capitalized coins.
  10. Hyperliquid (HYPE) — ~$35. A relatively new market participant that has rapidly surged into the top 10 with a capitalisation of over $10 billion. The project attracts attention with innovative technologies and high potential returns, allowing it to secure a place among industry leaders.

The listed cryptocurrencies encompass a significant portion of the global crypto market. Their quotes are updated in real-time, and most of these assets are currently showing an upward trend. For investors, this list serves as a guide to the key coins shaping the agenda in the digital asset market.

Market Sentiment and Outlook

Despite the impressive price recovery, sentiments in the cryptocurrency market remain ambiguous. The "fear and greed" index for cryptocurrencies, although it has risen in recent days (from extremely low levels of ~10-15 points to the current ~22 out of 100), still resides in the zone of "extreme fear." This indicates that many traders and investors remain cautious, with some participants inclined to take profits at the first signs of growth.

This emotional backdrop is often characteristic of the initial phases of recovery from deep corrections: dominant fear suggests that the market is still far from overheating and has the potential for further ascent as confidence returns. Analysts point out that the recent wave of sell-offs was largely linked to internal market dynamics—a mass reduction of leveraged positions and liquidity outflows—whereas the correction at the beginning of the year was mainly triggered by macroeconomic factors. Now, as a significant portion of speculative positions have been liquidated and "weak hands" have exited the game, the market has an opportunity for more sustainable growth.

Technical indicators are also improving: for instance, the relative strength index (RSI) for both Bitcoin and Ethereum has emerged from the oversold zone, signalling reduced selling pressure. Looking ahead, market participants will closely monitor central bank actions, upcoming economic data, and the continuing influx of institutional capital. If Bitcoin manages to hold above $90,000 and develop a rally, this could greatly enhance sentiment and attract a new wave of investors, alleviating fears of a repeat "crypto winter" in early 2026.

On the other hand, enduring high volatility calls for vigilance: unexpected statements from regulators or macroeconomic surprises could temporarily cool the market's enthusiasm. Overall, however, the current situation appears to be cautiously optimistic. The cryptocurrency market is approaching the final month of the year with a clear upward impulse, and provided external conditions remain stable, investors worldwide are hopeful for a positive year-end for digital assets.

open oil logo
0
0
Add a comment:
Message
Drag files here
No entries have been found.