Bitcoin jumps over 7% this week as crypto traders rushed back into risk
The post Bitcoin jumps over 7% this week as crypto traders rushed back into risk appeared on BitcoinEthereumNews.com.
Wall Street pushed straight through fear this week as the market surged even while parts of global trading systems went dark, according to Bloomberg. A month packed with stress over speculative excess and stretched AI prices flipped fast into a broad risk rally. Stocks, bonds, Bitcoin, and commodities all moved higher together during Thanksgiving week, a time that is usually quiet. This time, trading stayed busy from start to finish. Crypto moved with speed. Bitcoin climbed more than 7% from its November low. Heavily shorted stocks jumped at the same time. Volatility fell across meme stocks and junk bonds. Gold and silver moved up as traders increased bets on a Federal Reserve rate cut in December. Positioning across equities and commodities turned risk-on again. Alphabet Inc. added momentum after releasing a new AI model, which helped steady nerves around Big Tech spending and kept US assets in focus. Exchange outage fails to slow risk appetite A rare trading halt failed to interrupt the rally. On Friday, a cooling system failure at a data center forced the Chicago Mercantile Exchange to suspend futures and options trading tied to stocks, interest rates, and commodities. The outage lasted longer than a similar disruption in 2019. Major contracts went offline during an active trading window. Other venues absorbed part of the order flow, but the failure showed how much modern market activity depends on single technical systems. Price action stayed firm during the outage. Passive investors who stayed exposed to tech-heavy benchmarks were rewarded again. The S&P 500 gained 3.7% in its strongest week in six months. Among bearish trades, leveraged inverse vehicles tied to the index have now lost more than 80% this year. Tail-risk protection stayed mixed. The Cambria Tail Risk ETF remains modestly positive in 2025, but defensive strategies lagged far…
Filed under: News - @ November 29, 2025 2:18 pm