Crypto markets surged broadly over the past 24 hours, buoyed by rising expectations of an 85% chance of a Federal Reserve rate cut. PayFi names led the rally with a 9% jump, while XRP spiked 11% and ETH broke above $2,900. Bitcoin climbed 1.67% to reclaim $87,000, with sector-wide gains seen across Meme, DeFi, Layer 1, CeFi, and Layer 2 tokens. Glassnode noted that although BTC recently slipped below $90,000 to test $80,000, momentum indicators remain oversold, but early signs of recovery are beginning to emerge amid continued risk reduction across derivatives and spot flows.

But what else is happening in crypto news today? Follow our up-to-date live coverage below.

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Jai Pratap2 hours ago

Bitcoin Spot ETFs Log $151M Outflow While Ethereum and Solana ETFs Attract Inflows

Bitcoin spot ETFs saw a total net outflow of $151 million on November 24, with Fidelity’s FBTC the only product to post inflows. The trend diverged across other major assets: Ethereum spot ETFs attracted $96.67 million in net inflows, driven largely by BlackRock’s ETHA, which added $92.61 million. Solana spot ETFs also remained in demand, bringing in $57.99 million over the same period.

Jai Pratap3 hours ago

Bitwise to Launch DOGE ETF as U.S. Altcoin Spot ETF Listings Accelerate

Bitwise announced that its Dogecoin ETF (ticker: BWOW) will debut this Wednesday, adding to a busy week of U.S. altcoin spot ETF launches. The surge includes Grayscale’s new XRP ETF (GXRP), Franklin Templeton’s XRPZ Trust, and Grayscale’s GDOG, the first U.S. spot DOGE ETF. Bloomberg analysts expect a LINK spot ETF to arrive this week as well, with more than 100 crypto ETFs projected to list over the next six months.