Crypto Market Steady Ahead of Thanksgiving
Update: 2025-11-26
Description
Bitcoin and Ethereum maintain steady positions ahead of Thanksgiving, with XRP seeing a slight dip. Other popular cryptocurrencies like Solana, BNB, and Dogecoin also show minimal movement. Despite traditional markets being closed, cryptocurrency markets will remain open, potentially experiencing reduced liquidity and increased price volatility. The current market state is not solely due to the holiday, according to Markus Levin, co-founder of XYO. The outlook for the crypto market has shifted from bearish to optimistic, driven by increased expectations of a Federal Reserve interest rate cut in December. This sentiment has fueled a risk-on attitude among investors, with prediction markets giving Bitcoin a high chance of reaching $100,000.
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