The price of Bitcoin fluctuated around the $87,000 level on Tuesday morning, coinciding with a more stable opening in Asian markets, whose company stocks were inspired by gains in Wall Street markets and growing confidence in the possibility of an interest rate cut by the Federal Reserve in December.
Coinciding with Tokyo’s post-holiday opening, Japan and South Korea topped the list of regional gains, and U.S. stock prices rose at the close of last Monday’s session, coinciding with a continued recovery in shares of technology companies after last week’s setback, amid traders’ preparations for the release of a large amount of economic data.
Following the first talks between Xi Jinping and Donald Trump since agreeing on a tariff truce last month, the share prices of several Chinese companies rose 2.8% on the New York Stock Exchange.
A quick overview of the market
- Bitcoin price: $87,934, up 0.5%
- Ethereum-ETH Price: $2,930, Up 3%
- Ripple Price (Ripple-XRP): $2.25, up 7.8%
- Total value of crypto assets: $3.1 trillion, up 1.3%
Big tech companies are gaining momentum as Meta seeks to buy artificial intelligence chips from Google
Yesterday, in trading after the close of the US stock markets, Alphabet’s share price rose while that of Nvidia fell, after the publication of a report from The Information newspaper which talks about Meta Platforms’ negotiations to spend billions of dollars on the purchase of artificial intelligence chips produced by Google. These developments help to reinforce conviction about the extent of major influence of large technology companies on business activities related to artificial intelligence and the risk appetite of the market.
$META WOULD BE IN ADVANCED TALKS TO DEPLOY IT $GOOGLE TPUS INTO ITS DATA CENTERS IN DEAL THAT COULD BE WORTH BILLIONS. pic.twitter.com/RChQTsXduG
– Shay Boloor (@StockSavvyShay) November 24, 2025
Major U.S. stocks opened strong this week (which was shortened by the holidays), as the group of stocks of big companies in the artificial intelligence sector called the “Magnificent Seven” posted a strong performance that propelled the Nasdaq index to the forefront, and signals from the Federal Reserve also played their part in fueling the rally. Federal Governor Christopher Waller helped boost morale last Monday by announcing his support for proposed interest rate cuts next month, easing tensions stemming from concerns over the artificial intelligence sector and uncertainties over regulatory policies that caused the wave of price volatility.
Some investors view the November setback as a prelude to a seasonal trend that will continue through the end of the year.
Dovish signals from several sources within the Federal Reserve are fueling optimism about rate cuts.
Waller’s comments follow similar statements from other lawmakers, with San Francisco Fed President Mary Daly saying in a television interview her support for a December interest rate cut, while New York Fed President John Williams on Friday raised the possibility of lower borrowing costs in the near term, adding to market optimism for less stringent fiscal policies.
In contrast, the yield on 10-year US Treasuries fell 4 basis points to around 4.02% on Monday in line with changing interest rate expectations, and financial markets are betting on a 90% possibility of interest rate cuts at the December meeting, which is a sharp change from previous expectations recorded a few weeks ago and is in favor of certain asset classes like growth stocks and Bitcoin.
Attention is currently turning to the release of economic data ahead of Thanksgiving and Black Friday, as retail store sales data are released Tuesday and are expected to show some decline in light of American families suffering from rising prices. Reports on producer prices and durable goods orders will also be shared this week, and jobless claims – which include the main survey week of November – will help shape the Fed’s policy as it relies on alternative indicators in the absence of regular wage data.
Economic Reports Reinforce Market Optimism for December Interest Rate Cuts
A series of economic reports – delayed by the six-week U.S. government shutdown – point to a slowing labor market coupled with entrenched inflation, a combination that raises the prospect of a third and final rate cut of the year at the December meeting.
Earnings reports also reinforced those expectations. Nearly 95% of companies shared their third-quarter reports on Friday, and 83% of them managed to beat estimated profitability, and analysts now expect cumulative profit growth of 14.7% during the fourth quarter instead of the 8.8% expected in early October according to LSEG data, giving bulls more reason to keep up the pressure.
Analysts are monitoring Bitcoin trading in current conditions, a trend we witnessed in early 2025. The currency’s price peaked ahead of major stock indexes, and some view this streak as a warning to traditional markets that they will face further correction during the rebound.
Bitfinex analysts said recent blockchain data reveals a sharp wave of losses, indicating a concentration of power in the hands of large corporations, with a high concentration of losses among currency buyers, ranging between $106,000 and $118,000.
In conclusion, analysts say that this structure suggests two fundamental paths, the first being a strong recovery in demand that absorbs the current wave of selling, or an extension of the correction wave towards a deeper consolidation zone where the market can find more stable ground.
After Asian Market Open: Bitcoin (BTC) Price Stabilizes Around $87,000 as Market Rebounds Following Renewed Optimism Over Lower Interest Rates appeared first on Cryptonews Arabic.
