Bitcoin Hits $90K as Fed Signals Rate Cuts, Market Rebounds

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Why has Bitcoin suddenly skyrocketed to $90k?

How did AI companies perform during this market rally?

What caused the market to rebound despite recent panic?

Bitcoin Hits $90K as Fed Signals Rate Cuts, Market Rebounds — Image source: Unblock Media

Bitcoin surged past $90,000, gaining over 7% amid renewed optimism.
A Federal Reserve rate cut and tech sector confidence fueled the rally.

Bitcoin’s price surged beyond the $90,000 mark, posting a 7% weekly gain driven by strong risk-on sentiment in the broader markets. On November 29, 2025, Cryptopolitan reported that despite disruptions in global futures trading caused by a CME outage, favorable market conditions supported the rally.

The Chicago Mercantile Exchange (CME) temporarily halted trading on November 28, 2025, after a cooling system failure at a CyrusOne data center. This disruption, lasting over 10 hours, affected price discovery across key financial markets including oil, gold, and U.S. equity futures. However, the broader market remained resilient, with stocks, commodities, and cryptocurrencies experiencing a significant rebound during Thanksgiving week. The S&P 500 rose 3.7%, its largest weekly gain in six months.

The optimism was largely attributed to growing expectations of a Federal Reserve rate cut in December. Recent economic data, including a rise in the U.S. unemployment rate to 4.4% and weaker retail sales, has bolstered forecasts for monetary easing. The CME FedWatch tool showed an increased likelihood of a rate cut, driving investments into non-yielding assets such as Bitcoin and gold.

Investor confidence in the tech sector also played a role. Alphabet’s November 18 launch of its Gemini 3 AI model garnered widespread acclaim, fueling optimism and easing concerns of an AI-driven tech bubble. This boost in market sentiment further contributed to Bitcoin’s upward momentum.

Bitcoin’s recent rebound also underscored its resilience following a volatile month that saw its price dip below $90,000. Analysts pointed to institutional interest and on-chain data suggesting continued accumulation by long-term holders. The rebound pushed Bitcoin to retest key technical levels, signaling potential further gains in the short term.

As of November 29, 2025, at 15:08 UTC, Bitcoin (BTC) was trading at $90,704.97, with a 1.65% dip in 24-hour trading volume, according to CoinMarketCap.