Crypto Today: Retail Stalls, Market Breathes, Futures Launch Looms
1. Crypto Market Cap Edges Up While Sentiment Remains Weak
The global crypto market cap rose about 1.4%, reaching approximately $3.06 trillion. But despite the uptick, 99 of the top 100 coins were down over the past 24 hours — showing strength at the margin but broad weakness. Yahoo Finance+1
2. Retail “Buy-the-Dip” Culture Pauses
Retail investors are holding off. A crypto fear gauge tracked by CoinGlass hit its lowest level since the 2022 crash, as households refuse to step in despite weak prices. Axios
3. SGX Readies Bitcoin & Ethereum Perpetual Futures
The Singapore Exchange will launch perpetual futures contracts for Bitcoin and Ethereum on Nov 24 targeting accredited/institutional investors — signalling the flow of more traditional institutional products into crypto. The Edge Singapore
Takeaway
The crypto market is showing signs of underlying resilience (market cap rising) but the real story is that retail and broad trader sentiment haven’t returned. With institutional tools like SGX futures arriving, we’re in a phase where structure may matter more than price movement. Watch for which side wins: silent accumulation or stagnant sentiment.
Sources
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Why is crypto up today (Nov 24)? — Yahoo Finance Yahoo Finance
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Live: What’s Moving Crypto Market on Nov 24 — Coinspeaker Coinspeaker
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Crypto slump halts dip-buying from retail investors — Axios Axios
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SGX to launch Bitcoin & Ethereum perpetual futures from Nov 24 — The Edge Singapore The Edge Singapore
