Bitcoin Surges Past $90K, Reflecting Market Risk Appetite
Update: 2025-11-27
Description
Bitcoin surges past ninety thousand dollars, driven by a broader market risk appetite, as the S and P five hundred index also gains. The cryptocurrencys sudden bullish turn led to over two hundred and forty-one million dollars in short liquidations. While the Federal Reserves potential rate cuts and positive market sentiment support Bitcoins rise, analysts remain cautious due to mixed Fed officials stances. Bitcoin may stay within a range, with strong resistance around ninety-five thousand dollars and solid support between eighty thousand and eighty-two thousand dollars.
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