Bitcoin News Today: Bitcoin's Bounce Back: A Reprieve Amid Quantum Threats and Fed Uncertainty

Bitcoin reclaimed $86,000 on Nov. 23, 2025, as the broader crypto market showed signs of stabilization amid mixed institutional and retail sentiment. The rally followed extreme oversold conditions on the relative strength index (RSI), with over $206 million in weekend liquidations signaling waning selling pressure. Ethereum and XRP also gained traction, with ETH rising 4.5% to $2,835 and XRP surging 7.7% to $2.04, driven by ETF inflows and technical optimism. Zcash's ZEC token, however, outperformed with a 14% jump, fueled by renewed debates on privacy-focused alternatives to Bitcoin.

The rebound came amid growing concerns about Bitcoin's cryptographic vulnerabilities. VanEck CEO James Seyffert highlighted risks from quantum computing, warning that elliptic curve cryptography-the foundation of Bitcoin's security-could be compromised within the next decade. His remarks echoed Ethereum co-creator Vitalik Buterin, who warned at the Devconnect conference in Argentina that "elliptic curves are going to die" due to advancing quantum threats. Critics, including Bitcoin advocate Samson Mow, dismissed such fears as speculative, arguing that privacy coins like Zcash remain niche and unlikely to displace Bitcoin's dominance.

ETF inflows provided a counterbalance to bearish sentiment. XRP ETFs recorded $35 million in inflows on Nov. 26, with Grayscale and Franklin Templeton products attracting $67.4 million and $62.6 million, respectively according to market reports. Bitcoin's ETFs also saw $128 million in inflows, though institutional demand remained cautious amid macroeconomic uncertainty and the Federal Reserve's hawkish stance as analysts noted. Ethereum ETFs, meanwhile, posted $79 million in inflows, with Fidelity's FETH leading the charge according to market analysis. Analysts noted that while ETFs offered regulated access to crypto, they also introduced new risks, such as custody challenges and regulatory scrutiny.

The market's technical backdrop reinforced cautious optimism. Bitcoin's RSI, which had dipped below 30-a threshold for oversold conditions-suggested a short-term rebound was likely. However, the asset remained below key moving averages, including the 200-day EMA at $105,618, highlighting structural bearishness. Ethereum's chart showed similar fragility, with two Death Cross patterns indicating prolonged weakness. XRP's MACD histogram turned positive, but its price remained below the 50-day EMA at $2.38, suggesting further consolidation was needed before a sustained rally.

Political developments added another layer of uncertainty. Kevin Hassett, a former White House economic adviser with ties to Coinbase, emerged as a leading candidate for the next Federal Reserve chair. His advocacy for aggressive rate cuts and crypto-friendly policies raised hopes among investors, with Bitwise's Juan Leon calling him an "aggressive dove" who could boost crypto prices according to market analysis. However, Trump's reported push to assert control over the Fed reignited concerns about regulatory instability, particularly for crypto firms reliant on banking services.

Looking ahead, market participants are bracing for a pivotal December Fed meeting and the potential for a rate cut. A 25-basis-point reduction, while seen as a "hawkish cut," could provide temporary relief for risk assets but might not resolve broader liquidity challenges. Meanwhile, projects like Bitcoin Munari, which aims to blend Bitcoin's supply model with EVM-compatible smart contracts, are attracting attention as alternatives to traditional crypto.

For now, the market remains in a fragile equilibrium. While technical indicators and ETF inflows suggest short-term resilience, structural headwinds-including quantum risks, regulatory ambiguity, and macroeconomic volatility-loom large. As one analyst noted, "This rally is a reprieve, not a reversal" according to market analysis.