Crypto Market Update Nov 25: XRP, MON, SOL Surge While ZEC Drops

Crypto Market Update: BitMine Boost ETH Reserve, Monad Airdrop Hijack

Overall Crypto Market Update:

• The global cryptocurrency market cap stands at $3.11 trillion, marking a 2.2% increase in the last 24 hours.

• Daily trading volume reached $171 billion

• Bitcoin remains the leader with a 56.5% dominance, while Ethereum holds a 11.4% share.

• A total of 19389 cryptocurrencies are currently being tracked.

• The largest gainers in the industry are Options and the XRP Ledger Ecosystem.

Major Crypto Events Today

Source: Forex Factory

24 Hour Crypto Market Update

Bitcoin (BTC) and Ethereum (ETH) Price:

• Bitcoin is currently priced at $88121, representing a 1.6% rise in the past 24 hours. With $72.8 billion in trading volume and a $1.75 trillion market cap.

• Ethereum trades at $2945.7, surged 5.6% in the last 24 hours, with a $355 billion market cap and $31.5 billion in trading volume.

Top 5 Trending Coins in 24 Hours:

• Bitcoin at $88,052.88, gaining 1.6% with a strong $69.18B in TV.

• XRP stands at $2.25, jumping 10.38% and recording $6.5B in TV.

• Ethereum at $2,943.62, up 5.68% with $31.25B in TV.

• Monad (MON) at $0.03216, surging 11.66% and sees $591.12M in TV.

• Solana (SOL) at $138.54, rising 5.93% with $5.88B in TV.

Top 3 Gainers:

• SPX6900 (SPX) at $0.5726, rising 15.96% with trading volume of $46.07 million.

• Sui (SUI) at $1.55, up 14.42%, and has trading volume of $1.09 billion.

• Canton (CC) at $0.09584, climbing 14.39%, with a trading volume of $289.99 million.

Top 3 Losers:

• Zcash (ZEC) at $530.66, down 7.00%, with a trading volume of $1.24 billion.

• MemeCore (M) at $1.92, falling 3.95%, and has $21.94 million in trading volume.

• MYX Finance (MYX) at $2.75, slipping 1.02%, with $31.76 million traded.

Stablecoins and Defi Update:

• Stablecoins hold a market cap of $307 billion with $111 billion in trading volume, representing 0.7% negative change.  

• The DeFi market cap stands at $111 billion, rose by 6.2% in the last 24 hours, with a trading volume of $7.12 billion. DeFi dominance remains at 3.6%.

Fear and Greed Index Today

Source: Alternative Me

The Fear and Greed Index is at 20 today, indicating Extreme Fear. The mood was aggravated by the drastic price declines, increased realized losses, and trading confidence. The recent volatility, poor inflows, and ongoing selling pressure have sent investors in a risk-off mood and the market remains very much in fear.

Latest Market News Today

1. Users Warned of Possible Monad Airdrop Address Hijack

SlowMist’s Yuxian warned that some Monad airdrop users may have had their claim addresses hijacked. A session-hijack flaw allowed attackers to bind their own wallets, diverting the airdrop. Users are urged to recheck addresses.

2. Japan to Mandate Reserve Funds for Crypto Exchanges

Japan’s Financial Services Agency will require crypto exchanges to maintain mandatory reserve funds, ensuring quick customer compensation for losses from unauthorized access or asset outflows, according to a Nikkei report.

3. Coinbase to Launch FLUID and WMTX Spot Trading on Nov 25

Coinbase will begin spot trading for Fluid (FLUID) and World Mobile Token (WMTX) on November 25, 2025, with FLUID-USD and WMTX-USD pairs opening after 9 AM PT, pending liquidity.

4. Tom Lee Says Low Crypto Liquidity Pushes Hedgers to MicroStrategy

Tom Lee says institutions can’t hedge large Bitcoin positions due to thin crypto liquidity, forcing hedging into MicroStrategy’s liquid options, making the stock an unintended indicator of broader Bitcoin sentiment.

5. BitMine Boosts ETH Reserves, Sees Limited Downside

BitMine increased its ETH holdings to 3.63 million as total assets hit $11.2B. After adding 69,822 ETH this week, it plans the MAVAN staking launch, saying ETH’s downside looks limited.

6. ECB Warns Stablecoins Could Trigger Global Financial Risks

The ECB warned that fast-growing stablecoins, now worth over $280 billion, may pull deposits from eurozone banks. A sudden run could force mass asset sales and shake global markets without unified regulation.

7. Binance Faces New U.S. Lawsuit Over Alleged Terror Funding

Over 300 victims are suing Binance in North Dakota, claiming it knowingly enabled Hamas-linked crypto transactions and provided billion-dollar channels to terrorist groups, marking its fourth such U.S. lawsuit.

8. DOGE Rejects Disbanding Rumors

Wu Shuo reports the DOGE called Reuters’ disbanding claim fake, saying updates will resume soon. Backed by Trump’s reform mandate, the department recently cut 78 wasteful contracts, saving $335 million.

9. SitusAMC Breach Sparks Fresh Talk on Privacy

A breach at tech provider SitusAMC may have exposed data from major banks. Vitalik Buterin urged treating privacy as basic hygiene, highlighting Ethereum’s push for default privacy via stealth addresses and zero-knowledge tools.

10. Fuse Energy Token Wins SEC No-Action Relief

The Solana-based token ENERGY of Fuse Energy was granted a U.S. SEC No-Action Letter, which means that it is not going to be enforced. The Energy Network tries to reduce grid congestion by organizing home chargers, batteries, and solar systems.

CoinGabbar’s Opinion

The current situation is highly volatile, which indicates that investments are risky in the short term. Despite the positive performance of the leading assets, such as Bitcoin, Ethereum, and trending altcoins, liquidity issues, regulatory pressures, and security breaches put a warning to investors. The investors need to concentrate on blue-chip cryptos, minimize over-leverage, and concentrate on stable and fundamentally sound assets until sentiment calms down.

Disclaimer: This is not financial advice. Please DYOR before investing. CoinGabbar is not responsible for any financial losses.