Bitcoin News Today: While U.S. markets take a break for Thanksgiving, the nonstop nature of crypto fuels a $90K rally in Bitcoin
- U.S. crypto markets surged as Bitcoin (BTC) hit $90,000 during Thanksgiving 2025, defying traditional market closures. - Price rebound followed November losses, with analysts linking BTC/ETH/SOL gains to potential Fed rate cuts and improved liquidity. - Turkmenistan legalized crypto trading under strict state control, mandating licensing and cold storage while banning bank involvement. - Innovations like Avail's cross-chain liquidity platform and Bybit's CEX-integrated liquidity farms highlighted sector
Crypto Markets Stay Active During U.S. Thanksgiving Holiday
While U.S. financial markets paused for Thanksgiving in 2025, the cryptocurrency sector continued to see significant activity. Bitcoin (BTC) soared above $90,000, signaling a strong market rebound after a volatile November that had wiped out earlier gains for the year. This recovery was attributed to shifting institutional sentiment and ongoing speculation about the Federal Reserve’s monetary policy. Experts suggested that a possible interest rate cut by the Fed in December, along with changing liquidity conditions, could further impact crypto prices—especially since digital assets have historically benefited from periods of monetary easing.
Other major cryptocurrencies also experienced gains. Ethereum (ETH) and Solana (SOL) climbed by 3% and 5% respectively, as trading remained uninterrupted, according to recent market data.
Global Regulatory Shifts Shape the Crypto Landscape
Recent regulatory changes have added new dimensions to the crypto market’s resilience. Turkmenistan, known for its tightly controlled economy, revealed plans for a 2026 law that will legalize cryptocurrency trading under strict government oversight. The new regulations require exchanges to obtain licenses, comply with anti-money laundering protocols, and use cold storage for digital assets. Traditional banks, however, will remain barred from offering crypto-related services. The country’s central bank will have the authority to invalidate token issuances and mandate refunds, reflecting a highly centralized approach to digital asset management.
This regulatory trend aligns with moves in other countries. The United Kingdom and South Korea have both advanced their crypto oversight frameworks. Notably, South Korea expanded its “Travel Rule” to include transactions under $700, aiming to close loopholes that previously enabled money laundering and tax evasion.
Innovation Accelerates Across the Crypto Ecosystem
Technological progress in the sector has continued at a rapid pace. Avail launched its Nexus Mainnet, designed to unify liquidity across Ethereum, Solana, and other EVM-compatible blockchains. This initiative seeks to create a more integrated environment for cross-chain activity, addressing the fragmentation that has challenged both users and developers.
Meanwhile, Bybit introduced the first liquidity farming feature integrated directly into a centralized exchange (CEX). This allows users to earn DeFi yields without needing external wallets or paying gas fees. The platform utilizes a concentrated liquidity market maker (CLMM) model, enabling users to provide liquidity strategically and share in trading fees proportionally, as outlined in recent product updates.
Market Trends and Strategic Shifts
As market conditions stabilized, projects with structured distribution models—such as fixed supply and phased launches—drew attention. These frameworks appealed to investors seeking transparency, especially as the total crypto market capitalization reached $3 trillion. There is a growing preference for projects with clear and open economic frameworks.
CoinShares also announced a new direction in the U.S., emphasizing active management and thematic investments in crypto equities to stand out from more generic exchange-traded products (ETPs).
Ongoing Evolution Amid Uncertainty
Despite the Thanksgiving break in traditional markets, the round-the-clock nature of crypto trading was on full display. The U.S. Securities and Exchange Commission (SEC) updated its 2025 agenda, highlighting the need for customized regulations. Proposed measures include exemptions and rules tailored to distributed ledger technology, aiming to better integrate digital assets with established financial systems.
Overall, these developments reflect a maturing crypto sector—one that is advancing through regulatory clarity, technological innovation, and persistent adaptability, even as broader economic uncertainties continue.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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