Bitcoin Bounces Back To $90,000 As Ethereum, XRP, Dogecoin Rally Into Thanksgiving

Author: Khyathi Dalal | November 26, 2025 02:38pm

Bitcoin pushed back towards the $90,000 mark on Wednesday, buoyed by Texas' landmark Bitcoin ETF acquisition and Nasdaq's move to expand Bitcoin ETF options trading.

Cryptocurrency	Ticker	Price
Bitcoin	(CRYPTO: BTC)	$89,824.39
Ethereum	(CRYPTO: ETH)	$3,026.46
Solana	(CRYPTO: SOL)	$144.14
XRP	(CRYPTO: XRP)	$2.23
Dogecoin	(CRYPTO: DOGE)	$0.1558
Shiba Inu	(CRYPTO: SHIB)	$0.058645

Notable Statistics:

• Coinglass data shows 110,219 traders were liquidated in the past 24 hours for $318.79 million.        
• In the past 24 hours, top gainers include Merlin Chain, Dash and SPX6900.

Notable Developments:

• $6 Billion Meltdown: The Crypto ETF Crash Wall Street Didn’t See Coming
• Bitcoin To $90,000 Soon? Possible, But You Won’t Like What May Happen Next
• Grayscale Dogecoin ETF Logs The First $1.8M Inflow As Bitwise Launches Rival DOGE ETF
• ETF Expert Blasts Faulty Bitcoin Outflow Chart As ‘Way Off’ But IBIT’s Slide Toward $43 Is Very Real
• Robinhood Steps Into Prediction Markets With Exchange Acquisition, HOOD Up 3%
• CleanSpark Executive Says Company Will Keep Buying Bitcoin But Is ‘Very Strategic’ About It: ‘We’re Not Ideological’

Trader Notes: Altcoin Sherpa said traders are laser-focused on this level, noting that a clean breakout could open the door to $93,000.

Daan Crypto Trades highlighted Bitcoin's Thanksgiving performance over the last decade: just 2 green years, 8 red, with an average return of –0.8%.

Crypto trader Jelle expects the market may soon present bears with an attractive short setup, arguing that the heavy resistance zone between $91,000–$93,000 could cap upside and trigger a slow bleed lower.

Still, bulls hold a structural advantage. Jelle emphasized that the latest rally is spot-driven rather than perp-driven, a dynamic that typically gives upside moves more durability.

Read Next:

• Why A Bitcoin Thanksgiving Rally Is Probably Not Happening: 10x Research

Image: Shutterstock

Posted In: $BTC $DOGE $ETH $SHIB $SOL $XRP