Bitcoin rebounds past $87,000: Crypto market at a crossroads.
- Bitcoin sustained its resurgence as the week commenced. The foremost digital currency traded above $87,000 Monday morning, a rise exceeding 1.5 percent from the previous 24 hours. Ethereum exchanged hands above $2,800, also witnessing a surge of approximately 1.5 percent.
- Whereas the recently buzzed Starknet and privacy-centric cryptos Zcash, Dash, and Monero are among the most significant underperformers presently, depreciating by 5 to 9 percent, Canton Network (+13 percent) and Hedera (+10 percent) stand out as top gainers. Telcoin (+8 percent), having recently obtained a landmark banking permit, also numbers among the day's best performers.
- Beyond today's mainnet debut and token release of the much-anticipated Layer-1 Monad and the commencement of trading for Grayscale's Dogecoin and XRP ETFs, altcoin traders are also monitoring the forthcoming unlocks for Hyperliquid, Jupiter, Zora, and Plasma this week. HYPE, specifically, has undergone a price correction recently: following the team’s decision to unstake some of its tokens, the expected selling activity has been factored into the price – and critique of the current high-flier in the crypto sphere has also escalated against this backdrop.
$300M++ unlock next week | Nov 24 – 30
$HYPE $314.56M (3.66% of Cir.) – Founder/Team allocation!
🔥🔥🔥🔥🔥🔥🔥🔥🔥
$XPL $17.14M (4.71% of Cir.)
$JUP $12.78M (1.66% of Cir.)
$SVL $10.17M (12.18% of Cir.)https://t.co/qP7tj0tB3V#tokenomics #tokenunlocks #cirsupply… pic.twitter.com/K8WwHuxyjg
— Tokenomist (@Tokenomist_ai) November 24, 2025
- Investors anticipate a reversal of trends in the trading week, abbreviated due to Thanksgiving. Futures contracts on the S&P 500 advanced 0.5 percent Monday morning, while those on the Nasdaq 100 appreciated by 0.7 percent. Lately, US tech giants have experienced substantial selling pressures amidst worries regarding a potential AI bubble.
- Wall Street, particularly the US Federal Reserve, foresees a progressively improving data environment following the resolution of the government shutdown. The US producer price index and retail sales statistics for September are slated for release tomorrow, Tuesday. The initial assessments of US gross domestic product for the third quarter, in conjunction with the core PCE inflation figures, are also poised to exert a considerable influence on the Bitcoin value this trading week.
- Although some market observers anticipate a crypto downturn, numerous analysts contend that the market has fundamentally evolved due to increasing institutional acceptance and the waning relevance of Bitcoin halvings.
- Should you desire to procure Bitcoin, Ethereum, or other digital currencies, you have the option to do so at Coinbase, among other platforms. Currently, you stand to gain €30 worth of Bitcoin as a bonus upon buying at least €30 worth of cryptocurrencies.
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