Bitcoin News Today: Institutional Outflows and Regulatory Shifts Fuel November Crypto Volatility Amid Fed Uncertainty

Bitcoin and Ethereum experienced significant price swings in late November 2025, with the crypto market grappling with institutional outflows, regulatory shifts, and holiday-driven volatility. Bitcoin surged past $90,000 on November 26, offering a partial rebound after earlier losses erased its 2025 gains. However, the asset faced renewed pressure as traders braced for Thanksgiving, with Ethereum and XRP also seeing mixed performances as reported. Analysts attributed the earlier downturn to declining institutional interest and uncertainty around Federal Reserve policy, which had driven a 29% drop from October's peak of $126,080 according to data.

Institutional activity further highlighted market dynamics. A CoinShares report revealed outflows of $1.27 billion from Bitcoin funds, $589 million from Ethereum, and $156 million from Solana, while XRP funds saw $89.3 million in inflows - largely driven by newly launched U.S. spot XRP ETFs according to analysis. This marked the fourth consecutive week of outflows for crypto funds, totaling $4.92 billion, as investors rotated into alternative assets as reported. The inflows into XRP ETFs, including Grayscale and Franklin Templeton offerings, temporarily propped up the token's price above $2, despite broader market declines.

Regulatory developments added to the uncertainty. The United Kingdom expanded its Cryptoasset Reporting Framework (CARF) to cover domestic transactions starting in 2026, granting HMRC automatic access to both cross-border and in-country crypto data. The move aims to align crypto with traditional financial reporting standards and prevent tax evasion, as similar measures gained traction globally. In the U.S., Representative Warren Davidson proposed the Bitcoin for America Act, which would allow tax payments in Bitcoin and exempt such transactions from capital gains taxes.

Market sentiment remained mixed ahead of key events. While expectations of a December Federal Reserve rate cut (80% probability) fueled bullish speculation, volatility persisted. Options data suggested Bitcoin could trade between $100,000 and $118,000, with traders deploying strategies like long call condors to hedge range-bound movements as reported. Meanwhile, JPMorgan announced plans to launch a leveraged product tied to Bitcoin's future performance, potentially amplifying retail and institutional participation.

The Thanksgiving holiday introduced additional liquidity challenges. Though crypto markets remained open, reduced trading volumes historically trigger sharp price swings. Markus Levin of XYO noted that the pre-holiday slump coincided with broader market trends rather than being directly linked to the holiday as reported. Solana, BNB, and Dogecoin hovered near breakeven, while XRP's 3.1% decline erased gains from earlier in the week as reported.

Looking ahead, analysts emphasized the pivotal role of the Fed's December 10 decision. A rate cut to 3.50%-3.75% would likely reinforce risk-on sentiment, though bearish positions remained elevated due to high short-dated volatility and negative skew in options markets. With institutional flows, regulatory clarity, and macroeconomic signals shaping the landscape, the crypto market's trajectory will hinge on balancing optimism with caution.