Bitcoin Rebounds 12% to $91,000 Amid Mixed Economic Signals and Rate Cut Hopes

Quick Take

• Bitcoin Recovery: BTC climbs 12% from last week’s $80,000 bottom, trading near $91,000 as of November 29, 2025.
• Macro Drivers: Rising odds of a December Fed rate cut bolster sentiment, countering mixed U.S. labor and growth signals.
• Market Caution: Analysts warn of potential resistance at $93,000–$96,000, with broader risks from deflationary pressures.

Bitcoin has staged a notable rebound, gaining approximately 12% from its recent low near $80,000 hit early last Friday, according to market data from CoinDesk. As of Saturday morning, the cryptocurrency traded around $90,688, up from the prior day’s close but dipping 0.55% in the last 24 hours. This recovery comes after a sharp 30% drawdown from October’s peak above $126,000, reflecting deleveraging across the crypto market.

The rally aligns with shifting macroeconomic expectations, particularly the increasing probability of a Federal Reserve rate cut in December. HashKey Group Chief Analyst Jeffrey Ding attributed the uptick to a “natural rebound after the recent sharp pullback,” rather than a specific catalyst. Traders are monitoring institutional flows into spot Bitcoin ETFs, which have provided some liquidity support, though overall market volume remains subdued.

Ethereum and other majors have followed suit, with ETH up 2.8% to $3,038 and XRP rising 1.6% to $2.22. However, Bitcoin’s dominance has unexpectedly declined during the broader sell-off, defying typical patterns where it strengthens amid altcoin weakness. This suggests a more balanced risk appetite, but analysts caution that sustaining the rebound requires breaking key resistance levels.

Challenges loom on the horizon. Bloomberg’s Mike McGlone warned that the price action may mirror deflationary signals from the S&P 500, potentially pulling BTC back toward $50,000 if economic tightening persists. Cooling U.S. labor data and falling commodity prices add to the uncertainty, even as rate cut hopes offer a counterbalance. Community sentiment on X reflects cautious optimism, with many viewing the dip as a buying opportunity, though 74% of polled traders doubt a swift return to $100,000.

For now, Bitcoin hovers in a consolidation phase between $88,000 and $93,000. A decisive move above $98,000 could invalidate the month-long downtrend, paving the way for further gains. Investors should remain vigilant, as geopolitical tensions and policy shifts could swiftly alter the trajectory.

Disclaimer: This article is for informational purposes only and does not constitute advice of any kind. Readers should conduct their own research before making any decisions.