Why Is Crypto Up Today? – November 26, 2025
View original at finance.yahoo.comWhy Is Crypto Up Today? – November 26, 2025 The crypto market is up today, for a third day in a row, with the cryptocurrency market capitalisation rising by just 0.6%, standing pretty much unchanged at $3.1 trillion…
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Texas has earmarked $10 million in total for Bitcoin ETF purchases and will self-custody the second $5 million purchase
80% confidenceWith the Federal Reserve's December rate-cut decision approaching and growing focus on US spot Bitcoin ETF flows, we'll have a clearer sense of how early 2026 may unfold
80% confidenceThe $100 gap between $2,900 and $3,000 for Ethereum might as well be referred to as the 'ETH psychological jump' and ETH sentiment can flip extremely fast when a 3 returns at the start of the ETH price
80% confidenceWith the market drifting toward its annual 'Christmas hibernation', the odds of any explosive price action before the New Year are shrinking fast
80% confidenceThe next few weeks could be a lull and whatever fireworks traders were hoping for may have to wait until 2026
80% confidenceThe real question is whether Ethereum can hold above $3,000 if it pushes through
80% confidenceAs long as Bitcoin commands all the oxygen in the room, Ethereum's momentum is tied to whatever narrative Bitcoin decides next. If BTC starts gaining strength fast, the rest of the market including ETH will probably follow suit not long after
80% confidenceEthereum could briefly pull back to $2,500 but remains poised for a 'supercycle', forecasting a surge to $7,000-$9,000 as early as 2026
80% confidenceGiven that November is typically the strongest month for Bitcoin and it went the opposite way this time around, we can't rule out the possibility of something out of the ordinary happening this December
80% confidenceBitcoin has been struggling to reclaim the $90,000 level for far longer than most market participants expected
80% confidenceA decisive and unexpected reclaim above $90,000 in December would do wonders for market sentiment and help keep 2026 clear of early crypto winter anxieties
80% confidence