crypto market is in a cautious recovery phase after a recent steep correction.
Bitcoin (BTC): Trading firmly above $91,000, with a small gain on the day. The rebound is largely attributed to speculation of a US Federal Reserve interest rate cut in December, which boosts risk assets. BTC is recovering from a 30% drop from its recent high.
Ethereum (ETH): Also holding up well near $3,030 and showing positive 24-hour performance.
Key Drivers: Renewed institutional interest (seen in Bitcoin ETF inflows) and improving macroeconomic sentiment (Fed rate cut bets) are supporting the bounce. However, analysts note the overall momentum remains fragile and consolidation is likely.
Market Sentiment: Still cautious, with some analysts noting a technical rebound from oversold levels, suggesting the market is in a "sharp reset" phase following recent volatility.
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29 Nov 2025
crypto market is in a cautious recovery phase after a recent steep correction.
Bitcoin (BTC): Trading firmly above $91,000, with a small gain on the day. The rebound is largely attributed to speculation of a US Federal Reserve interest rate cut in December, which boosts risk assets. BTC is recovering from a 30% drop from its recent high.
Ethereum (ETH): Also holding up well near $3,030 and showing positive 24-hour performance.
Key Drivers: Renewed institutional interest (seen in Bitcoin ETF inflows) and improving macroeconomic sentiment (Fed rate cut bets) are supporting the bounce. However, analysts note the overall momentum remains fragile and consolidation is likely.
Market Sentiment: Still cautious, with some analysts noting a technical rebound from oversold levels, suggesting the market is in a "sharp reset" phase following recent volatility.