Bitcoin surged by over 3% yesterday, marking its best performance in a very long time. The price has now climbed 14% since last Friday’s low, leading many to believe the worst may be over. However, buyers will need to step in en masse if the upward trend is to continue.
BTC Finds Its Footing #
Following a red day on Tuesday, yesterday was a major success. The bitcoin price ultimately gained 3.56%, making it the best day since October 12. That was over six weeks ago, when the largest cryptocurrency was still trading at $115,000.
The price shot up from just over $86,000 to well above $90,000. A significant portion of this rally occurred in a very short timeframe. At 5:00 PM, the price was at $87,000, but just two hours later, it had already breached the $90,000 mark. Bitcoin then continued to climb at a more moderate pace, reaching a peak of just under $92,000 late at night.
It has now been hovering above $91,000 for several hours, a level that analyst Nebraskangooner identifies as crucial. If buyers can maintain momentum, the path could be clear for a further climb toward the next resistance level, just below $100,000.
Trying to break above first resistance
Closed most my buys from around 81k here in this box
Still think stocks & crypto go higher & then lower. Don’t like having to manage on holidays. Happy with a 10%+ bounce in these conditions after patiently waiting for the dip✅ https://t.co/PnNQusSu2S pic.twitter.com/rGjCn7GDIy
— Nebraskangooner (@Nebraskangooner) November 27, 2025
Today is Thanksgiving in the United States, and stock markets are closed. This suggests the crypto market is in for a quieter day, as the most significant price movements in recent weeks have often coincided with the opening of Wall Street.
At the time of writing, the BTC price is $91,388, up 4.41% in the last 24 hours.
Ethereum, XRP, and Other Altcoins Trail Behind #
The major altcoins are trailing Bitcoin’s performance, with all large-cap names showing smaller gains. However, the results are still impressive. Ethereum has increased by 3.18% and is back above the psychological $3,000 level. Solana is up 3.65%, Dogecoin 2.13%, and Cardano 2.97%. Ripple (XRP) posted the smallest gain in the top 10, at 1.13%.
Kaspa, often dubbed ‘Bitcoin 2.0’, leads the top 100 with a massive 17.79% surge. Launched in late 2021, Kaspa is, like Bitcoin, an open, decentralized layer-1 network secured by miners. The key difference is that it is significantly faster and can handle a much higher volume of transactions.