Bitcoin Rebounds to $91k: XRP ETF Impact & Fed Rate Cut Buzz
- Bitcoin price surges past $91,000, fueled by increasing expectations of a Federal Reserve rate cut and renewed buying interest.
- XRP holds steady around $2.20, with significant ETF activity and declining Binance reserves indicating strong investor sentiment.
- Broader crypto market capitalization regains $3 trillion mark, signaling a tentative recovery after recent volatility; altcoins also show gains.
After a month-long slump, Bitcoin price has surprised investors by rebounding past $91,000. This surge marks a critical turning point, influenced by growing anticipation of a Federal Reserve rate cut and a resurgence in buying activity. The thesis of this analysis is to dissect the factors driving Bitcoin’s rebound, the concurrent stability of XRP, and the broader implications for the crypto market.
Bitcoin Rebounds Past $91k: A Technical Breakout?
Bitcoin rose above $91,000, recovering losses from a month-long slump. This movement coincided with a broader rebound in risk assets. Calmer market volatility also gave traders room to push prices higher. Bitcoin climbed as much as 4% to $90,460, trimming its decline from early October’s record high of just over $126,000 to roughly 28%.
Fed Rate Cut Expectations Fuel Bitcoin Price Rebound
Renewed buying interest and improving sentiment across the market are supporting Bitcoin’s recovery. Traders are increasingly confident that the Federal Reserve could soon return to cutting interest rates. U.S. jobless claims came in less than expected, aligning with PPI data, building a good market structure for a possible Fed cut. Renewed optimism surrounding expectations of a December Fed rate cut has further bolstered market sentiment.
Key Data Comparison
| Cryptocurrency | Current Price (USD) | 24h Change (%) | 7d Change (%) |
|---|---|---|---|
| Bitcoin (BTC) | $91,245 | +4.0% | Mixed Performance |
| Ethereum (ETH) | $3,028 | +3.0% | Mixed Performance |
| XRP | $2.20 | +0.4% | Mixed Performance |
| BNB | $894 | +3.8% | Mixed Performance |
| Solana (SOL) | $143 | +3.0% | Mixed Performance |
XRP ETF Activity and Binance Supply: A Stable Crypto Market?
While Bitcoin rebounds, XRP is holding around $2.20. On-chain data shows more XRP moving off exchanges amid ETF launches and upgrades on the XRP Ledger. The share of circulating XRP held on Binance has fallen to its lowest level of 2025, indicating tokens are being moved into private wallets.
Altcoin Performance: Ethereum, BNB, and Solana Regain Momentum
Ethereum also surged 3.75% in the last 24 hours, pushing its price above the $3,000 mark. Major altcoins including BNB, Solana, Tron, Dogecoin, Cardano, and Hyperliquid recorded gains of more than 4% during the same period. This widespread rally indicates a broad-based recovery in the crypto market. The crypto market is showing signs of recovery, with total market capitalization climbing to roughly $3.11 trillion.
ETF Inflows and Institutional Appetite for Bitcoin
BTC ETFs have seen inflow in last 2 out of 4 days, showing that institutional appetite for Bitcoin is gradually picking up again. An estimated 1.8 million BTC were withdrawn from exchanges overnight, leading to speculation around strong institutional activity. Ethereum is stabilizing near $3,000, supported by $96 million in ETF inflows and rising institutional interest. The crypto market is now showing signs of stabilization after a turbulent week, with major assets posting modest gains.
Potential Market Shift: Bitcoin’s Pivotal Level and Liquidity
Technical conditions across several digital asset have shifted into oversold or neutral zones, suggesting a cooling of selling pressure. Analysts caution that volatility remains a defining feature of the market. Whether this rebound develops into a sustained trend depends on liquidity conditions and macro sentiment. Concerns around a weakening Yen could lead to capital outflows from risk on assets. If Japan decides to tighten financial conditions it could impact liquidity.
JP Morgan Predicts S&P 500 Surge: Implications for Crypto?
JP Morgan predicts that the S&P 500 Index and VOO ETF could surge 20%. Cryptocurrencies moved largely in line with equities as confidence grew that the Federal Reserve could soon return to cutting interest rates. Strong market conditions in traditional finance often spill over into the digital asset space, increasing investor confidence and capital inflow.
Deep Dive: Market Analysis
Bitcoin has reclaimed upward momentum, trading near $91,245 after a nearly 4% daily increase. Ethereum followed BTC’s lead, gaining close to 3% on the day to reach about $3,028. XRP rose roughly 0.4%, climbing back above $2.20. The crypto Fear & Greed Index reads 18, marking another day in the Extreme Fear range. The average crypto RSI sits near 56, suggesting a cooling of selling pressure and potential room for continued stabilization.
Conclusion
The crypto market is at a crossroads. While the recent rebound offers a glimmer of hope, the sustainability of this uptrend hinges on a confluence of factors. These include the Federal Reserve’s monetary policy decisions, the influx of institutional investment through ETFs, and overall liquidity conditions. Investors should remain vigilant, closely monitoring these dynamics to navigate the inherent volatility of the crypto landscape.
