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HomeNewsBusinessPersonal FinanceBitcoin holds above $91,000 levels amid surge fueled by Fed rate cut optimism; BNB, TRON, and other crypto tokens follow

Bitcoin holds above $91,000 levels amid surge fueled by Fed rate cut optimism; BNB, TRON, and other crypto tokens follow

Bitcoin’s price increased 1.28 percent in the last 24 hours; it hit the lowest at $89,602 in the last 24 hours.

November 28, 2025 / 00:34 IST
Bitcoin holds above $91,000 levels
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Bitcoin’s price stood just above $91,404 on November 28, as of 12:02 a.m (IST), as market sentiment makes a steady recovery ahead of rising hopes for Fed rate cut in the final meeting of Federal Open Market Committee (FOMC) scheduled on December 9 and 10, 2025.

As per data from the CME FedWatch tool, the likelihood of Fed lowering interest rates by 25 basis points to 3.50-3.75 percent has risen to 85.3 percent from 50.1 percent a week ago.

The largest cryptocurrency dipped as low as $89,602 and peaked at $91,836 during yesterday’s trade.  Bitcoin reached $126,000 in October during the market's peak performance period. It hit the lowest in April 2025, when its price hovered around $75,000 level.

In an online polling platform Myriad, 72 percent predict Bitcoin would touch $100,000, while the remainder thinks the cryptocurrency will dip to $69,000 level.

The volatility has been observed across prices of other tokens, too, with Ethereum down 0.43 percent, BNB up 0.35 percent, TRON up 1.36 percent, and Solana down 1.35 percent in the last 24 hours.

Check out below to see prices of top cryptocurrencies on November 28, as of 12:02 a.m.

Bitcoin_Friday_Morning

Dipen Pradhan
Dipen Pradhan is the Editorial Consultant for Moneycontrol. He has over 10 years of experience in the field of journalism and covers personal finance topics. He has previously worked at Forbes Advisor India, Outlook Money, Entrepreneur, Inc42, and The Statesman. When he is not writing he loves to travel to explore rural hotspots.
first published: Nov 28, 2025 12:34 am

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