On November 24th, Xie Jiayin stated that the total cryptocurrency market capitalization is 3.3 trillion USD. Bitcoin spot ETFs experienced a net inflow of 456 million USD, and the crypto fear index dropped to a two-year low of 10.
The current market scenario is marked by extreme panic, akin to March-April 2025, when BTC reached 75,000 USD. Increased purchases in Trump family-related projects are supporting positive ETF inflows for Bitcoin and Ethereum.
Post the liquidity crisis in October, the market is now viewed as being in the ‘cleanest bottoming zone.’ Analysts anticipate that after such fear levels, significant rebounds, usually within 6-12 months, are likely to occur.
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