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Bitcoin soars to $90 k, ethereum and xrp rally ahead of thanksgiving

Bitcoin Bounces Back | Surges Above $90K Ahead of Thanksgiving

By

Lara Johnson

Nov 27, 2025, 05:19 AM

2 minutes needed to read

Bitcoin reaches $90K with Ethereum and XRP gaining momentum ahead of Thanksgiving

Bitcoin's price surged above $90,000 on November 27, 2025, following a recent dip that sent it as low as nearly $81,000. This recovery comes amid ongoing uncertainty in the cryptocurrency market.

Recent comments reveal mixed sentiments among traders. "Bitcoin surges to only a 21% loss for the month," one commenter noted, reflecting optimism despite recent volatility. Massive dips and rebounds have led many to wonder: Are we seeing a turn in the bearish trend?

Cryptocurrency Landscape and Current Trends

The recent gains for Bitcoin also extend to other digital currencies. Ethereum, XRP, and Solana all experienced upward movements. This rebound comes as analysts cite diminishing institutional interest and unpredictable Federal Reserve policies contributing to earlier declines.

"We are so back xD," exclaimed one participant, showcasing a sense of relief and celebration amid cautious optimism.

Market Sentiment

Despite the bounce back, skepticism remains prevalent. Comments from people included remarks suggesting the crypto space fluctuates wildly:

  • "Reclaims 90k for 5 minutes" – conveying doubt about Bitcoin's sustainability.

  • "As if it’s impossible the dump resumes" – signaling continued bearish fears.

In contrast, some appear buoyed, expressing a desire for lower prices to buy cryptocurrencies at a discount.

Key Takeaways

  • β–³ Bitcoin recovered to over $90,000 after hitting $81,000 earlier.

  • β–½ Analysts attribute initial decline to reduced institutional engagement and market liquidity.

  • β€» "Never been more back" - Reflective of growing positivity regarding the market's bounce back.

What Lies Ahead?

As the Thanksgiving holiday approaches, cryptocurrencies are likely to remain volatile. Trading volumes may be impacted by festive sentiments, which leaves traders questioning their strategies.

With uncertainty still looming, will Bitcoin and other cryptocurrencies hold their gains? Stay tuned.

Potential Market Movements Ahead

As the Thanksgiving holiday approaches, there's a strong chance cryptocurrencies may see heightened volatility. Predictions suggest Bitcoin could maintain or slightly increase its value, landing between $90,000 and $100,000 if positive trading sentiments continue. Analysts estimate around a 60% probability of Bitcoin holding its ground, driven by increased retail interest and seasonal buying patterns. A dip back below $90,000 could occur if institutional investors remain hesitant, potentially dropping prices to the $85,000 range with a 40% chance. Overall, these fluctuations highlight the tenuous balance in the market as traders adjust their strategies amidst uncertainty.

Echoes of the Past in a Fast-Moving World

The current cryptocurrency scene bears resemblance to the early days of the internet boom. Just as tech enthusiasts rallied around the rise of dot-com companies, today’s crypto supporters are fueled by optimism and speculative trading. Although many initially doubted the longevity of those companies, the digital landscape evolved, creating unprecedented tech giants. Similarly, while skepticism lingers about the sustainability of cryptocurrencies, the potential for long-term growth cannot be overlooked. If the current trends play out, we may very well see a digital renaissance unfold before our eyes.