🚨ANALYSIS: $BTC C is fluctuating at high levels. A military coup in South Korea is impacting prices on Up bit. The market is favoring old coins over new ones, with 2017-era coins leading the rally. U.S. stocks are fluctuating, and the probability of a rate cut in December is 73%.
Market Highlights:
The stable coin $RSR R surged. Trump’s potential nominee for the new SEC chair was previously an advisor for RSR. Similarly, $HBAR, which surged earlier, also has a board member as an SEC candidate.
$TRX RX doubled in one day, with its ecosystem tokens $SUN, $JST, and $BTTC following suit. TRX’s market cap has entered the top 10. Justin Sun previously tweeted about learning from $XRP’s price movement strategies. Notably, Sun was once the China region head for XRP.
2017-era coins like $XVG, $NEO, FUN, and VET are leading the rally. As this bull market progresses, the top 10 cryptocurrencies remain dominated by older coins. Whether it’s meme coins earlier or old coins now, the market has avoided new VC-backed tokens that face heavy sell pressure. Instead, the market is choosing directions with the least resistance to price pumps.
On-chain tokens like MOG, VIRTUAL, and $CHILLGUY are rising. MOG was listed on Coinbase. #Macro #MicrosoftBTCInvestmentVote #Altcoin #ThanksgivingBTCMoves #XVGARMY