Bitcoin Soars to $87K, Dogecoin Boosted by Musk, and the Rise of PNUT & ACT

In this episode of Crypto Deep Dive, we break down the major themes and movements in the cryptocurrency market as of November 13, 2024. Bitcoin reached new record highs, trading around $87,000 despite slight dips. Ethereum experienced a decline, and the total market cap saw a minor contraction while trading volumes surged, signaling high activity. We analyze key trends, including Dogecoin's notable surge driven by Elon Musk's involvement and XRP's resilience amid regulatory scrutiny. We’ll also discuss emerging projects like Peanut the Squirrel (PNUT) and Act I: The AI Prophecy (ACT) and examine challenges faced by Solana, Cronos, and Fetch.ai. We’ll explore how Trump's presidential victory and other influential news are shaping market sentiment. Stay tuned for expert insights and what this means for future trends.

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