Market capitalization jumps 45%: In November 2024, the cryptocurrency market capitalization surged by 45%, reaching 3.3 trillion USD. This notable increase has been largely driven by the re-election of President-elect Donald Trump, which boosted investor sentiment and led to widespread enthusiasm within the crypto market.

Bitcoin etps achieve 105 billion USD: Bitcoin-focused exchange-traded products (ETPs) experienced remarkable sales, reaching 7.6 billion USD for the month. With 105 billion USD in assets, these ETPs underline Bitcoin’s strong market presence. Despite slight dips in Bitcoin’s dominance, the overall trading momentum in cryptocurrencies remains robust, highlighting a vibrant market trend.

Mining profitability improves: The rising prices in the cryptocurrency market have positively impacted Bitcoin miners, with profitability increasing as prices advance faster than mining hashrate growth. However, despite the strong market rally, volumes in the non-fungible tokens (NFT) market remain stagnant, suggesting uneven sector performances within the digital asset space.