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One major reason behind today’s positive movement is the growing belief that the US Federal Reserve may soon cut interest rates
Crypto Price Update - The global cryptocurrency market is showing fresh strength after days of heavy volatility. Bitcoin is currently trading around $91,311, showing a small rise of $33, with the day’s high at $91,871 and the low at $90,476. Ethereum is priced near $3,013.54, recording a mild drop of $30.18, with intraday levels ranging between $3,043.72 and $2,986.89. BNB is trading around $894.87, slightly down by $3.96.
As of 28 November 2025, Bitcoin has moved back into the $91,300–$91,600 zone after gaining almost 5–6 percent in the last 24 hours. Ethereum has also reclaimed the $3,000 level and is now showing signs of stability.
Why the Market Is Rising Today
One major reason behind today’s positive movement is the growing belief that the US Federal Reserve may soon cut interest rates. Lower interest rates usually push investors toward high-risk assets, which increases demand for cryptocurrencies. This expectation has created a strong ripple of confidence across global markets.
Institutional buying has also returned after a brief pause. Bitcoin-focused exchange-traded funds are starting to show inflows again, pointing to renewed interest from large financial institutions. When this group starts buying, prices often rise because they hold bigger volumes.
A short squeeze is also contributing to the sudden jump. Traders who predicted a fall in Bitcoin’s price were forced to buy back their positions as the price rose sharply. This added more buying pressure and helped Bitcoin climb above important technical levels.
Improved sentiment is also visible in the performance of Ethereum and other major altcoins. As Ethereum crossed $3,000 again, confidence spread across the market, indicating that recovery might be taking shape.
A Look Back at the Recent Crash
The current upward trend comes only days after a steep fall. Bitcoin dropped below $82,000, marking one of the biggest declines in months. During this correction, the global crypto market lost more than $1 trillion, creating panic among investors.
The fall was intensified by large leveraged liquidations. Many traders who used borrowed money were forced to exit their positions when prices fell quickly, which caused more selling and pushed prices down even faster.
Institutional outflows also added to the pressure. Several large investors withdrew capital from cryptocurrencies, while smaller holders and even some companies with Bitcoin on their balance sheets sold part of their holdings. All this led to Bitcoin touching its lowest level in months.
Despite the sharp fall, analysts described the drop as a healthy correction. Some experts pointed out that Bitcoin’s volatility is now similar to many other global assets, indicating that the market may be gradually stabilizing over the long term.
What the Market Is Watching Now
The next major trigger for the crypto market is the upcoming guidance from the US Federal Reserve. Any signal that confirms a rate cut is likely to support more buying. Stable macro conditions may help Bitcoin and Ethereum maintain their upward momentum.
Institutional activity will continue to play an important role. If Bitcoin ETFs keep receiving inflows, price stability may improve. However, if outflows return, market sentiment could weaken again.
Important support levels are also being monitored closely. For Bitcoin, the $89,000–$90,000 range is seen as a key support zone. Staying above this level may keep the trend strong. Falling below this zone could bring new volatility or push the price toward $87,000.
Another factor affecting the market is the behavior of altcoins. If Ethereum and other major tokens continue to rise, overall market confidence may grow. But if altcoins lose strength, the general sentiment may weaken even if Bitcoin holds steady.
Long-Term Context and Market Behaviour
In the last three years, Bitcoin has increased nearly 450 percent, showing strong long-term growth despite high volatility. The year 2025 has been especially unpredictable, with rapid rises, steep corrections, and now a sharp recovery.
Institutional investors continue to influence the market heavily. Their actions often set the direction for retail traders. Liquidity has also been shifting, which increases volatility during uncertain periods.
New research using machine-learning tools and blockchain data analysis is helping analysts understand market trends more accurately. These methods may improve forecasting models in the future, making it easier to measure risk and sentiment.
Final Thoughts
The crypto market today shows a strong recovery, with Bitcoin hovering near $91,000 and Ethereum holding above $3,000. The rise is supported by hopes of a rate cut, institutional buying, and technical factors such as short squeezes.
The recent crash serves as a reminder of crypto’s unpredictable nature, but the current momentum offers a positive outlook. The coming days will be crucial, as global economic signals and institutional flows will decide whether this recovery turns into a sustained upward trend.