Based on BitJie, the cryptocurrency market experienced a significant rally on November 27, 2025, with Bitcoin (BTC) breaking above $90,000 and Ethereum (ETH) rising to $3,081. The surge was driven by improved global market sentiment, increased institutional buying, and short-squeeze activity in derivatives markets. Total crypto market capitalization also saw a notable rebound. Analysts noted that Bitcoin's ability to hold above $91,422 will be key to further gains toward $95,000, while Ethereum faces a critical resistance level at $3,029.
Cryptocurrency Market Surges on Institutional Buying and Positive Macro Outlook
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