The post Bitcoin and Ethereum Stall as Traders Brace for Holiday Volatility appeared on BitcoinEthereumNews.com.

In brief Bitcoin and Ethereum are down nearly 1% while XRP fell 3.1%, erasing ETF-driven gains from earlier in the week. The pre-holiday slump is coincidental and not directly caused by Thanksgiving, Decrypt was told. While rate cut odds have flipped market sentiment bullish, the upside remains capped. Bitcoin and Ethereum are mostly flat ahead of the Thanksgiving holiday on Thursday. Bitcoin and Ethereum are down nearly 1% over 24 hours, while XRP is down 3.1%, undoing Monday’s ETF-driven gains, according to CoinGecko data. The performance of Solana, BNB, Dogecoin, and other top altcoins hovers between -1% and 1%. While the broader traditional finance sector remains closed on Thursday’s Thanksgiving holiday, crypto markets will remain open. However, due to the holiday, liquidity and volume are often drained from the market, which could trigger volatile moves. “I wouldn’t read today’s market action as Thanksgiving-driven,” Markus Levin, co-founder of DePIN blockchain XYO, told Decrypt, noting that the markets being down or flat today is coincidental, and has nothing to do with the holiday itself.  The crypto market outlook, which had been largely bearish until last week, flipped bullish over the weekend after the odds of a December rate cut rose from 30% to 80%, according to the FedWatch tool. Investors are now overwhelmingly expecting a quarter-point rate cut on December 10, which would bring the target rate down to 3.50%-3.75%. The sharp repricing of Federal Reserve policy undid several bearish signals and catalyzed a risk-on sentiment. That is reflected in prediction market Myriad, where users assigned a 65% chance of Bitcoin hitting $100,000 before $69,000. (Disclaimer: Myriad is owned by Decrypt’s parent company Dastan.) What’s next for Bitcoin and Ethereum? While the market outlook remains skewed to the bullish side due to rate-cut expectations, it isn’t set in stone. Block options…

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Filed under: News - @ November 26, 2025 10:25 pm