Bitcoin surged to an all-time high of $99,700 this week, driven by unprecedented institutional interest and a record-breaking inflow of over $1 billion into Bitcoin ETFs on November 21. BlackRock’s IBIT fund led the charge with $608.4 million in daily inflows, showcasing growing confidence among institutional investors. The rally has been attributed to anticipation of a crypto-friendly regulatory framework under President-elect Donald Trump. While Bitcoin hasn't officially breached the $100K milestone, it remains within striking distance, holding steady near $99K.

Ethereum ETFs experienced sustained outflows this week, with Fidelity’s FETH seeing the largest single-day outflow of $46.7 million on November 19. The price of Ethereum peaked at $3,410, as shown on Metal X Trading, reflecting resilience despite bearish ETF activity. Investors continue to watch Ethereum’s DeFi and Layer 2 developments closely, which are expected to influence sentiment in the coming weeks.

Hedera (HBAR) led the market this week with an impressive 101.6% gain, fueled by speculation around the filing of an ETF application by Canary Capital. Meanwhile, Dogecoin (DOGE) remained in the green, climbing 11.7%, as Elon Musk’s ongoing endorsements kept the meme coin firmly in the spotlight.

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