LTC is back in the green for the first time this year, while XRP and other cryptocurrencies rocket in the current crypto bull run. (Image from Pierre Borthiry at unsplash.com)
Donald Trump won the U.S. election on November 5th, and consequently, the ‘cryptocurrency friendly’ president-elect moved the market to all-time highs. Bitcoin led the march when it went from USD 67k to over USD 99k in a matter of weeks.
Many analysts believe that BTC will pass the USD 100k barrier and move on to higher highs. But some market gurus think that BTC went up too soon and too fast.
BTC did pull back and hit USD 92k but has since bounced and is trading around USD 95k. The cryptocurrency market, in general, has grown with BTC, and investors are struggling with the psychological $100k price level.
Many investors are interested in other cryptocurrencies and crypto sectors and may pull funds out of BTC if it doesn’t hit the 100k mark. It appears that investors are currently ‘taking a break’ from the BTC run to figure out what it is really worth.
Historically, U.S. elections tend to make markets rise, and this election was no exception. With the election of Trump, his opinions on how to regulate crypto were a major factor in the market surge.
The president cannot directly change regulations, but he can hire key staff that agree with his policies. The president also has the power to make executive orders to direct federal agencies to research and submit possible policy changes on any directive.
The rise of the cryptocurrency market in the past three weeks seems directly linked to the new president-elect, but uncertainty in the market is still a driving force. Many factors could cause a severe correction, such as the collapse of a major exchange as in the FTX bankruptcy.
All investors should use caution and follow market trends and news when investing in any digital asset.
Casinoplusbonus Financial Reports: For our October Crypto watch and casino company stock price updates, please check our economy and financial news category.
Cryptocurrency Prices
Bitcoin (BTC)
The sudden drops in BTC in the past few weeks were mainly due to forced liquidations of leveraged long positions. This forces investors at these levels to sell, but once the liquidation stops, so does the drop in price.
Interestingly, on November 27th, when the U.S. stock markets opened, BTC went from $93k to USD 97k in a couple of hours, and the S&P 500 dropped. When the stock markets closed, BTC pulled back to USD 96k. Today is a stock market holiday (Thanksgiving), and BTC dropped another $1k.
While the U.S. exchanges don’t have a direct role in BTC price, they may have some role through crypto exchanges. Bitcoin is up 41% since the last report and is currently trading at USD 96,526.
Current BTC Price
$ 96,526
Gains/Losses Vs. Market Open 2023 & 2024
- 1 Jan 2024: $42,280 (+$54,246 / +128.32%)
- 1 Jan 2023: $16,606 (+$79,920 / +481.39%)
Bitcoin Cash (BCH)
Bitcoin Cash had a massive rally in the past month, going up 46% since the last report. The cryptocurrency was over 500 USD for the first time since last June but still off a yearly high of 719 USD last April.
Market sentiment is that BCH will continue its rally, but it is well known that BCH movements are susceptible to BTC changes.
BCH has come off today, down 2% and is currently trading at 527.20 USD.
Current BCH Price
$527.20
Gains/Losses Vs. Market Open 2023 & 2024
- 1 Jan 2024: $268.03 (+$259.17 / +96.74%)
- 1 Jan 2023: $96.77 (+$430.43 / +444.85%)
Litecoin (LTC)
Litecoin has rallied with the rest of the market and is up 36% in the past month. The altcoin has shown steady volume growth in the past 2 weeks but is showing key resistance at USD 106. LTC has retraced back to USD 95 and seems to be consolidating but needs to get over USD 97.50, or it could enter a bearish phase.
Litecoin is trading at USD 101.47 as of 30 November 2025.
Current LTC Price
$101.47
Gains/Losses Vs. Market Open 2023 & 2024
- 1 Jan 2024: $74.75 (+$26.72 / +35.75%)
- 1 Jan 2023: $70.89 (+$30.58 / +43.12%)
TRON (TRX)
TRON hit new daily volume highs in October and maintained USD 1.7b per day in November. The stablecoin continues its strategy of deflation and burnt over 11m TRX tokens recently. This combination has made the stablecoin very attractive to investors and now dominates 91% of all USDT transactions.
The company has stated that it has over 272m accounts and processes over 200m transactions a month from pushing Web3 growth. TRX now boasts that it is the world’s largest stablecoin remittance company from using creative blockchain technology, without sacrificing speed and at affordable rates.
The stablecoin is trading at USD 0.20 after hitting an all-time high of USD 0.21 on November 24th.
Current TRX Price
$ 0.20
Gains/Losses Vs. Market Open 2023 & 2024
- 1 Jan 2024: $0.11 (+$0.09 / +81.82%)
- 1 Jan 2023: $0.055 (+$0.145 / +263.64%)
Ripple (XRP)
Ripple’s legal team has inadvertently assisted other cryptocurrencies that are under investigation by the SEC. The team has gone as far as saying that the SEC has been defeated, which has caused a price surge in the past month.
The head of the SEC says he’ll step down when Trump gets inaugurated in January, which also helped the coin price. XRP rose 182% and is just off a 3-year high. Volatility of the coin was very low due to the court case but investors have returned on masse.
The price of XRP is currently trading at USD 1.82.
Current XRP Price
$1.82
Gains/Losses Vs. Market Open 2023 & 2024
- 1 Jan 2024: $0.63 (+$1.19 / +188.89%)
- 1 Jan 2023: $0.34 (+$1.48 / +435.29%)
Ethereum (ETH)
Many investors are wondering whether to drop BTC and invest in Ethereum. ETH has underperformed BTC in the past year(s) because of the overall structure of ETH.
There is no supply limit to ETH, they do burn ETH, but it is not transparent, and the Dencun upgrade this year made the coin more inflationary. Soon, another upgrade for ETH ‘The Verge’, will lower hardware necessities and enhance security features. This may help to drive up the price of ETH, and some analysts expect ETH to hit USD 11k by 2030.
Ethereum is up almost 46% this month and is trading at USD 3,677.
Current ETH Price
$3,677 USD
Gains/Losses Vs. Market Open 2023 & 2024
- 1 Jan 2024: $2,352.76 (+$1,324.24 / +56.27%)
1 Jan 2023: $1,195.51 (+$2,481.49 / +207.54%)
Fast Token (FTN)
This layer 1 solution that integrates with Web3 apps and products continues to grow. The token continues to secure partnerships with crypto exchanges and expand its reach through availability, new features and reduced fees.
This, in turn, has contributed to a consistent rise in price. In the past year, FTN is up 160% and is up another 17% since our last report.
FTN is currently trading at USD 3.16.
Current FTN Price
$3.16
Gains/Losses Vs. Market Open 2023 & 2024
- 1 Jan 2024: $1.38 (+$1.78 / +128.99%)
1 Jan 2023: $0.35 (+$2.81 / +802.86%)
Disclaimer: The information in this crypto report is not financial advice. We are merely giving you the current prices and observations of the current crypto market. Always research opinions from multiple sources before investing in crypto.
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