Bitcoin News Today: Institutional Reentry and Dovish Signals Fuel Bitcoin's Crucial Rebound

Bitcoin's resurgence in late November 2025 has sparked renewed optimism in the crypto market, with institutional sentiment and macroeconomic signals converging to signal a potential turning point. The cryptocurrency climbed above $89,000 on November 24, reversing a weeks-long correction that had pushed prices to six-month lows below $93,000. This rebound coincided with broader market dynamics, including a 13% surge in Rumble's stock following Tether's purchase of 1.06 million shares and the acquisition of data center firm Northern Data, which added 22,000 Nvidia chips to Rumble's cloud division. Meanwhile, Solana (SOL) faced pressure, sliding to $145 amid technical breakdowns and token unlocks, highlighting divergent performances within the crypto ecosystem.

The revival in Bitcoin came amid shifting institutional sentiment. According to analyst Yorick Ashbourne, the market has entered a "recalibration of risk" after record inflows in October gave way to $2.6 billion in ETF outflows over three weeks. Despite these outflows, Bitcoin's price structure showed resilience, with the $100,000 level acting as a critical support. Ashbourne emphasized that the correction differed from 2022-style capitulation, as alternative protocols and diversified products retained interest.

Macro factors further amplified the crypto rally. Federal Reserve rate-cut expectations surged, with the CME FedWatch tool pricing in an 84% probability of a December cut-a jump from 30% a week earlier. This dovish outlook weakened the U.S. dollar, with GBP/USD rising above 1.3250 as traders priced in aggressive monetary easing. The anticipation of lower rates, combined with a $238.4 million inflow into Bitcoin ETFs on November 22, signaled a potential capitulation event for the market.

Market structure indicators also pointed to a shift. The Coinbase Bitcoin Premium Index, which had remained negative for 22 consecutive days-the longest streak of the year-began to recover, suggesting easing selling pressure from U.S. institutions. Analysts highlighted this as a key reversal signal, noting that coordinated improvements in the premium, funding rates, and ETF flows often precede sustained uptrends. Meanwhile, open interest in Bitcoin derivatives rose to 70,000 contracts by mid-November, reflecting growing short positions but also the potential for a bearish exhaustion.

The broader economic calendar added to the crypto-friendly environment. Upcoming inflation data and manufacturing reports in the following week could influence the Fed's policy trajectory, with traders closely monitoring signals for further rate cuts. Additionally, the appointment of Kevin Hassett as the next Fed chair, if confirmed, raised concerns about dollar weakness and a more dovish monetary stance, which could bolster risk assets like Bitcoin.

Looking ahead, the crypto market faces a pivotal test. While the $89,000 level provided a temporary floor, analysts caution that sustained momentum will depend on whether institutional demand stabilizes and macroeconomic conditions remain favorable. The return of U.S. spot demand, coupled with macroeconomic shifts and easing selling pressure, suggests a potential base formation. However, until the Coinbase premium stabilizes in positive territory and ETF flows remain consistent, volatility is likely to persist.