Crypto Market Rises on Fed Rate Cut Hopes and ETF Inflows

26.11.2025 12:38 35 sources positive

The cryptocurrency market extended its gains for a third consecutive day on November 26, 2025, with the total market capitalization increasing by 0.6% to approximately $3.1 trillion. Trading volume reached $149 billion, and 80 out of the top 100 coins posted positive movements over the past 24 hours.

Bitcoin (BTC) edged up by 0.2% to $87,788, while Ethereum (ETH) climbed 1.1% to $2,938. Solana (SOL) led the major altcoins with a 2.1% surge to $139, and Dogecoin (DOGE) advanced 1.4% to $0.1521. Notably, XRP was the sole top 10 cryptocurrency to decline, falling 1% to $2.2. Among smaller caps, Ethena (ENA) jumped 14.7% and Bittensor (TAO) gained 9.5%.

The uptick is driven by expectations of a US Federal Reserve interest rate cut in December, supported by recent economic data signaling a cooling economy. US spot Bitcoin ETFs recorded $128.64 million in inflows on November 25, with Fidelity and Grayscale leading, while Ethereum ETFs saw $78.58 million in inflows, bolstered by BlackRock and Fidelity. Additionally, Texas purchased $5 million of BlackRock's Bitcoin ETF, with plans to self-custody a second $5 million tranche.

Koinly CEO Robin Singh noted that Bitcoin has struggled to reclaim $90,000 longer than anticipated, and while December typically sees muted activity, an unexpected breakthrough could alleviate bearish sentiment. He emphasized that Ethereum's momentum is tied to Bitcoin's narrative, with the $3,000 level acting as a key psychological barrier. Market sentiment remains in the extreme fear zone, with the Crypto Fear and Greed Index unchanged at 15.