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Bitcoin Rockets Past $87,000! Fed Rate Cut Hopes Ignite Crypto Frenzy - Is $100K Next?

Crypto

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Published on 26th November 2025, 8:07 AM

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Author

Abhay Singh | Whalesbook News Team

Overview

Bitcoin's price surged above $87,732, driven by renewed optimism for a Federal Reserve rate cut and anticipation of key U.S. economic data. The cryptocurrency experienced intra-day swings between $86,230 and $88,051. Analysts anticipate increased volatility as $14 billion in Bitcoin options expire this Friday, with market sentiment leaning towards a potential push past $90,000 if current support levels hold. Other major cryptocurrencies like Ethereum and XRP also saw gains.