Bitcoin News Today: As U.S. Markets Pause for Thanksgiving, Crypto's 24/7 Resilience Drives $90K Bitcoin Surge

U.S. markets closed for Thanksgiving 2025, but the crypto sector remained active, with Bitcoin (BTC) surging past $90,000 amid a broader market recovery. The price rebound followed a turbulent November that erased 2025 gains, driven by declining institutional interest and uncertainty over Federal Reserve policy. Analysts noted that the Fed's potential December rate cut and liquidity dynamics could further influence crypto markets, which have historically performed well during rate reductions. Meanwhile, Ethereum (ETH) and Solana (SOL) also rose by 3% and 5%, respectively, as trading continued uninterrupted according to market data.

Regulatory developments added context to the market's resilience. Turkmenistan, a closed economy, announced a 2026 law to legalize crypto trading under strict state control. The legislation mandates licensing, AML compliance, and cold storage requirements for exchanges, while prohibiting traditional banks from offering crypto services. The central bank retains authority to void token issuances and enforce refunds, signaling a centralized approach to digital assets. This move aligns with global trends, as the UK and South Korea also advanced regulatory frameworks. South Korea extended its crypto "Travel Rule" to cover sub-$700 transactions, closing loopholes used for money laundering and tax evasion.

Innovation in the sector accelerated, with Avail launching its Nexus Mainnet to unify liquidity across Ethereum, Solana, and other EVM-based chains. The platform aims to create a "coordinated operational universe" for crosschain interactions, addressing fragmentation that has limited user and developer experiences. Meanwhile, Bybit introduced the first CEX-integrated liquidity farm, allowing users to earn DeFi yields without external wallets or gas fees. The feature leverages a CLMM model, enabling strategic liquidity provision and proportional fee sharing according to product updates.

Bitcoin Munari, a presale project, highlighted structured distribution mechanics as market conditions stabilized. The initiative's fixed-supply model and phased rollout on Solana attracted attention amid the broader recovery. With $3 trillion in crypto market capitalization, investors increasingly favored projects with transparent economic models. CoinShares also signaled a strategic pivot in the U.S., focusing on active management and thematic crypto equity exposure to differentiate from commoditized ETPs.

As the U.S. Thanksgiving holiday paused traditional trading, crypto markets underscored their 24/7 nature. The SEC's revised 2025 agenda further emphasized the need for tailored regulations, proposing exemptions and DLT-specific rules to integrate digital assets into traditional infrastructure.

These developments highlight a sector maturing through innovation, regulation, and resilience, even as macroeconomic uncertainties persist.