[LIVE] Crypto News Today, November 24 – Bitcoin Price Holds Above $85K As Traders Wait For Monad Launch: Best Crypto To Buy?
The crypto market shows signs of a gentle rebound on November 24, 2025, with total market capitalization rising to $2.96 trillion, up 0.83% from the previous day. Many traders are scanning for the best crypto to buy as
Bitcoin
1.09%
Bitcoin
BTC
Price
$86,056.32
1.09% /24h
Volume in 24h
$46.20B
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trades steadily between $86,000 and $87,000, recovering from a recent drop near $80,000.
Ethereum
0.99%
Ethereum
ETH
Price
$2,801.86
0.99% /24h
Volume in 24h
$20.14B
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follows at $2,827, up 0.55%, while stablecoins like Tether (USDT) and USD Coin (USDC) remain anchored around $1.00. Other notable movers include
XRP
0.99%
XRP
XRP
Price
$2.06
0.99% /24h
Volume in 24h
$3.77B
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at $0.206, gaining 16.43% over 24 hours, and BNB at $854, up 1.43%. Solana (SOL) sits at $130 with a modest 0.58% rise, while Dogecoin (DOGE) and Cardano (ADA) lag behind, down 9.40% and 16.69% over seven days, respectively.
This uptick comes amid improved sentiment, boosted by comments from Federal Reserve Vice Chair Williams on potential interest-rate cuts and Vice Chair Jefferson’s optimistic view of AI’s impact on the economy.
Yet caution persists: the Fear and Greed Index stands at 12, signaling extreme fear, and altcoin season remains in Bitcoin dominance at 23. The average RSI across major assets is 45.63—neutral but not convincingly bullish.
Trading volumes remain low and liquidity feels thin, raising concerns even as prices recover. Conditions are fragile, with volatility metrics and positioning data hinting at potential inflection points.
Could Bitcoin revisit $80,000 soon? Many traders remain on the sidelines, watching today’s highly anticipated Monad mainnet launch.
EXPLORE: Best New Cryptocurrencies to Invest in 2025
Best Crypto to Buy: Eyes on Monad Amid Rotation Potential
After a presale that drew strong interest, Monad’s MON token debuts today via Coinbase’s ICO, which raised $269 million from more than 85,000 participants, including many U.S. investors. This Ethereum-compatible chain prioritizes speed and scalability through innovations like the MonadBFT consensus mechanism and parallel execution, already supporting 300 projects across DeFi, NFTs, gaming, and AI.
Backed by $225 million from Paradigm and led by seasoned blockchain engineers, Monad aims to distinguish itself in a crowded Layer 1 landscape.
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Pre-market, MON trades around $0.0105, with a 24-hour range of $0.0103 to $0.0107. Token distribution heavily favors the team and early investors: allocations that could trigger selling pressure after launch. Previous Layer 1 rollouts such as Sei and Sui saw early spikes followed by notable corrections, a pattern MON could mirror: a fast initial move, a pullback, and then any potential recovery dependent on real ecosystem traction.
engagement low? watch this
SOLANA
— Monad (mainnet arc) (@monad) November 22, 2025
Still, with Bitcoin stabilizing, some liquidity may rotate into newly launched assets like MON. For now, the market sits between recovery and restraint. Watch for dips, rotations, and early price discoveries as the launch unfolds.
Is Tensor Crypto or EDEL The Next 100X Crypto to Buy: Smart Money Back DeFi on Bitcoin L2
On this Monday morning (November 24), the crypto market has experienced a slight bounce, rising by +0.5% as the combined market cap reclaims the crucial $3 trillion level. Investors are already seeking out the next 100x crypto play as EDEL and Tensor crypto both surged overnight.
However, Bitcoin Hyper (HYPER), a native Layer-2 solution for BTC
Bitcoin
1.09%
Bitcoin
BTC
Price
$86,056.32
1.09% /24h
Volume in 24h
$46.20B
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Price 7d
, has quickly become an investor favourite amid market volatility, with the HYPER presale having secured over $28M in funding as smart money bets on the project bringing DeFi to Bitcoin.
$EDEL speedran to 100M
got attacked by fud, immediately addressed by team
full confidence we’re sitting on a billion dollar+ coin https://t.co/9PdE8RPoQU pic.twitter.com/yi4yWnSsTv
— Iced (@IcedKnife) November 23, 2025
D.O.G.E Is Dead: The Meme-Department Collapses While Its Token Rallies Anyway
What did you spend your $5k DOGE refund check on, guys? Hope it was something good. Oh, wait… this is awkward. DOGE is dead. Trump’s Department of Government Efficiency was supposed to be the great bureaucratic bonfire of the modern presidency. Instead, the DOGE experiment died eight months early, quietly swallowed back into OPM oversight after Elon Musk and Vivek Ramaswamy left Washington and the project lost all direction.
So here’s the count for President Trump:
- debt ceiling raised
- doge defunct
- only 300k deportations
- increase of h1b student visas
- strike against Iran
- no deep state arrests / no Epstein accountability
I haven’t gotten what I voted for. So, here’s what you need to know:
DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025
Michael Saylor Just Declared War On JP Morgan: Analyst Says BTC USD Price Facing -50% Drop And Bitcoin News
The Bitcoin community grew angry after Bitcoin news broke that MSCI (formerly Morgan Stanley Capital International), a major index provider, plans to drop crypto treasury companies from its indexes starting January 2026. Since the news broke, Michael Saylor, CEO of Strategy, has finally come out with his response against the proposed MSCI policy change.
“Strategy is not a fund, not a trust, and not a holding company,” said Saylor on November 24.
“Funds and trusts passively hold assets. Holding companies sit on investments. We create, structure, issue, and operate,” the CEO explained, describing Strategy as a “Bitcoin‑backed structured finance company.”
Institutions Cut $5.4B in MicroStrategy Exposure Despite Stable Bitcoin Price
According to Cryptoslate, institutional investors significantly reduced their exposure to MicroStrategy (MSTR) in Q3 2025, trimming positions by roughly $5.4 billion even as Bitcoin remained steady near $95,000 and MSTR shares traded flat around $175. The stability across both assets indicates the reductions were not forced liquidations but intentional reallocations.
For years, MSTR served as Wall Street’s workaround for Bitcoin exposure. Before compliance frameworks matured, many major asset managers were restricted from holding BTC directly, making MicroStrategy, after Michael Saylor transformed it into a de facto Bitcoin holding vehicle in 2020, the preferred proxy. Institutions bought the stock for its balance sheet, not its software business, turning MSTR into a synthetic Bitcoin ETF long before spot ETFs existed.
That trade persisted for four years. But Q3 marked a shift: major holders including Capital International, Vanguard, BlackRock, and Fidelity collectively cut exposure by about 14.8%.
The post [LIVE] Crypto News Today, November 24 – Bitcoin Price Holds Above $85K As Traders Wait For Monad Launch: Best Crypto To Buy? appeared first on 99Bitcoins.
