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Crypto Radar: Bitcoin Soars on a Green Thanksgiving

Bitcoin hits the brakes, but the altcoin market explodes - XRP rises 20%

Photo: Golden House Images/Shutterstock

The crypto market is making noise again today. After weeks of uncertainty and significant volatility, bitcoin seems to be taking back the reins. With a powerful surge, the world’s largest cryptocurrency is once again breaking through an important psychological barrier. What does this move mean for the market, and are other coins benefiting from the recovery?

Market Watch: Bitcoin Back at $90,000
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Bitcoin had a strong day, reclaiming the $90,000 mark with a rise of over 4%. The price was still at $86,000 at the end of the trading day yesterday, but shot up above $90,000 during the evening.

During the day, the price even stood above $91,000 and tested the $92,000 level. It has now dipped slightly to $90,700, but it marks a very positive day for bitcoin.

Price of bitcoin (24h). Source: CoinGecko.

There has been a lot of turmoil around the price of bitcoin and other cryptocurrencies in recent weeks. But today on Thanksgiving, analysts also emphasize the huge leaps bitcoin has made over the years.

🔥THANK YOU FOR BITCOIN!

Through every cycle and every headline, Bitcoin has done what it always does — rise, recover, and rewrite the rules of money.

— Coin Bureau (@coinbureau) November 27, 2025

Coin Bureau’s post shows that bitcoin is slightly lower than exactly one year ago, but the bigger picture reveals the enormous growth the cryptocurrency has undergone. For example, the price was just $37,000 almost three years ago.

Where bitcoin is heading in the short term remains the question. The market is not moving according to expected patterns. Analyst Nic Puckrin of Coin Bureau also points out that bitcoin’s rise is highly unusual. He notes that in the past seven years, bitcoin has been in the red six times during Thanksgiving. So today is historically an exception.

Bitcoin is back above $90k.

Highly unusual to rise day before Thanksgiving holiday (we’ve had declines in 6 of past 7 years).

Bull trap or something more sustained? 🤔

— Nic (@nicrypto) November 27, 2025

In any case, today was a strong day for the market. Analyst Ted Pillows shows that there was over $100 billion in inflows into the market. Other major cryptocurrencies have also benefited from this.

Ethereum has risen by 2.2% to $3,000, reclaiming an important price point, just like bitcoin. Solana and BNB are also showing green numbers with rises of 3.3% and 2.8% respectively.

XRP posted the smallest gain today among the major coins. With a 1.2% rise, XRP is at $2.20. However, the popular coin is by far the biggest winner in the top 10 over the past week with a 3.5% increase.

Today’s Top Gainers in the Top 100
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The market is in the green today, and the following cryptocurrencies have benefited the most:

Name Rise (24h) Price
Kaspa 18% $0.059
Flare 13.4% $0.015
Sky 12% $0.047
Pi Network 7.7% $0.27
Avalanche 7.1% $14.93

Today’s Top Losers in the Top 100
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In the top 100, losses have been limited today, with the exception of one cryptocurrency:

Name Fall (24h) Price
MemeCore 32% $1.26
Rain 3.6% $0.0071
Monero 2.0% $390
Zcash 1.3% $499
Canton 0.6% $0.084