Bitcoin unexpectedly surged over 4%, crossing $90,000 on substantial institutional inflows before Thanksgiving 2025. This event highlights Bitcoin's defiance against historical Thanksgiving bearish trends, with institutional support influencing its trajectory.
The surge indicates potential stabilization driven by institutional interest, altering usual volatility patterns, yet caution remains amid macroeconomic factors like global money supply influences.
Bitcoin Tops $90,000 Defying Bearish Trends
The unexpected Bitcoin surge before Thanksgiving 2025 goes against historical trends of bearishness. The cryptocurrency rose over 4% after previously dipping near $80,000.
Key players, including analysts like Alex Thorn and Joe Consorti, noted the surprising strength associated with Bitcoin's price action this holiday.
Institutional Inflows Fuel Market Surprises
The Bitcoin rally impacted market dynamics, surprising analysts who expected a bearish period. Institutional support came via significant ETF inflows.
Lower trading volumes led to increased market volatility. The cryptocurrency’s movements were closely linked to broader market assets.
“Who remembers the Thanksgiving dump of 2020? Bitcoin dumped 17% between Wednesday, Nov 25, and Friday, Nov 27, 2020. BTCUSD later went on to more than 3x over the next 5 months. Does history rhyme?” — Alex Thorn, Head of Research at Galaxy Digital
Thanksgiving 2020 Drop Reverse on Stronger Market Structure
In 2020, a sharp 17% drop marked Thanksgiving, often referred to as the "Thanksgiving Day Massacre." Analysts now see stronger market structure influences.
Experts anticipate potential shifts if the global M2 money supply contracts further, with macroeconomic conditions playing a role.