Today, the price of Bitcoin (Bitcoin) continued to stabilize above the $90,000 level in Asian trading heading into Friday, while Asian stocks appeared unable to chart a clear path as investors tried to balance the strong global rally with indicators warning that the bull wave has started to lose momentum.
Trading on major digital currencies settled today at dawn in a tight trading zone between $90,600 and $91,400, after reaching the level of around $91,800 yesterday. As for the range of movement in global stocks, it was remarkably unchanged, but still on track for its best week since June, as traders tend to believe that the Federal Reserve is finally about to start cutting interest rates.
An overview of the market
- Bitcoin Price: 90,868%, down 0.2%
- Ethereum Price: $3,001, down 1.6%
- Ripple Coin Price (Ripple-XRP): $2.17, down 2.2%
- Total value of digital assets: $3.18 trillion, down 0.9%
China remains in focus after JPMorgan recommended increasing the share of Chinese stocks in investment portfolio assets.
The opening of Asian markets has been mixed; While South Korea and Japan indexes fell at the open, Australian indexes rose slightly amid trading calm due to the U.S. Thanksgiving holiday, and Chinese stocks remained in focus after JPMorgan upgraded its assessment of the Chinese market and recommended increasing investments in its indexes, saying upside opportunities next year outweigh downside risks despite continued pressure on the real estate sector due to tensions linked to large real estate development companies such as China Vanke.
JPMorgan raised its recommendation for Chinese stocks to “overweight”, saying the prospect of big gains next year now outweighs the risk of big losses https://t.co/a9n8bgCenA
– Bloomberg (@business) November 27, 2025
At the asset level, the entire week remained governed by Federal Reserve expectations, with futures markets currently estimating an 80-85% probability for a 0.25% interest rate cut next month, with an eye toward three additional cuts before the end of 2026.
The move helps global stocks recoup the majority of November’s losses, which stemmed from concerns over sky-high valuations for AI sector stocks, triggering warning signs of a potential bubble.
In the bond market, the surge in Treasury yields eased, with the yield on 10-year bonds stabilizing near 4% after stronger-than-expected U.S. labor market data halted the decline.
Jobs Data, Fed Statements Reinforce Expectations of December Rate Cut
Yields began their decline from late last week when September jobs data – delayed due to the lockdown – was released to present a mixed picture, then fell further when John Williams of the New York Federal Reserve said a rate cut had become possible with declining labor market strength.
Trading volumes were lower than usual, as the week-long holiday and U.S. government lockdown – which lasted 43 days and caused a significant delay in the release of official data – helped push investors to rely more on statements from Federal Reserve officials.
Recent statements from officials – such as San Francisco Fed President Mary Daly and Governor Christopher Waller – have also bolstered expectations of an imminent rate cut before the end of the year.
ETF investments have slowed, but remain positive and BlackRock continues to dominate
On the crypto front, spot Bitcoin ETFs continue to receive additional investments, but at a slower pace than earlier in the year, as SoSoValue data indicated that they received investments worth $21 million on November 26, bringing the total net incoming investments to $57.6 billion, and saw daily trading volumes of approximately $4.6 billion, bringing the total value of affected assets to $57.6 billion. ETF providers manage approximately $117.7 billion, representing 6.6% of the total Bitcoin market capitalization.
The famous BlackRock IBIT fund remained in the undisputed lead, receiving net investments worth approximately $42.8 million in one day, bringing its assets to approximately $69.9 billion. In contrast, Fidelity’s FBTC fund saw an outflow of approximately $33.3 million, while Grayscale’s GBTC fund received a modest investment of $5.6 million, but still shows a net investment outflow of more than $25 billion since the launch of spot ETFs.
As for the smaller ETFs Bitwise, Ark 21Shares and VanEck, their performance remained stable yesterday, with modest investments in the order of only a few million.
These figures highlight the significant structural shift in demand towards regulated instruments, with IBIT alone accounting for approximately 3.9% of the Bitcoin funds market according to SoSoValue data, while the broader spot funds complex currently represents a significant portion of its circulating supply.
As for traders in Asia, who are seeing a quieter morning in the crypto market and volatility in local stocks, it appears that increased activity in ETF products and increased chances of the Federal Reserve cutting interest rates will be the main driver as the year ends, even as Bitcoin (Bitcoin) and stock price movements look more cautious after a week of bullishness.
The post Asian Markets Open: Bitcoin (BTC) Price Consolidates Above $90,000 as Stocks in Some Sectors Lose Momentum Despite Expectations of Fed Interest Rate Cut appeared first on Cryptonews Arabic.
