What happened in crypto today
Today in crypto, non-fungible tokens (NFTs) are closing November with notable momentum, recording a weekly sales volume of $158 million, despite a 12.7% decrease from the previous week. Ethereum leads in NFT sales with $49 million, followed by Bitcoin at $43 million and Solana at $23.9 million. Solana also topped the number of NFT buyers, boasting over 185,000 participants. Meanwhile, TYMIO founder Georgii Verbitskii predicts Bitcoin could reach $180,000 by the end of 2025, foreseeing a potential $100,000 milestone by the end of 2024. Verbitskii highlights ongoing supply-side issues contributing to Bitcoin's volatility and price trends. Additionally, Alexey Pertsev, the developer of the cryptocurrency mixing protocol Tornado Cash, remains in pre-trial detention, raising concerns in the developer community. The court's decision extends Pertsev's detention while regulatory scrutiny on Tornado Cash intensifies due to its resurgence in usage this year.
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