Bitcoin today: BTC surges 5.5% and recovers to $91,000

Source: PortaldoBitcoin Original Title: Bitcoin today: BTC jumps 5.5% and recovers to $91,000 Original Link: The price of Bitcoin rose again above $91,000 this Thursday (27), after two difficult weeks that led many cryptocurrency investors and analysts to point to the beginning of a bear market.

Bitcoin surpassed the barrier of US$ 90,000 yesterday afternoon and, this Thursday morning, is trading at US$ 91,579, up 5.5% on the day. In Brazilian reais, the asset's price is R$ 489,204.

The largest digital currency had been facing difficulties and fell along with other assets in November, reaching nearly $81,000 per coin last week and completely erasing the gains of 2025.

In October alone, the main cryptocurrency had recorded a new high of $126,080. Currently, its price is 27% below that level.

The recovery of Bitcoin

Analysts who recently released reports cited the weakening of institutional investor interest and uncertainty about the US central bank's policy as some of the reasons for the decline.

Historically, Bitcoin and other cryptocurrencies have performed well when the U.S. central bank cuts interest rates, but market observers have alternated in recent weeks between believing or not that the Fed will implement a third rate cut in 2025 at the next meeting in December.

Experts also pointed out the decline in liquidity as another reason for the drop in digital asset prices. A brutal crash in October, which wiped out a record $19 billion in open interest, seriously affected the markets.

Altcoins follow the rise

Other cryptocurrencies are rising along with Bitcoin this Thursday: Ethereum is trading at $3,029 after advancing 4.1%, while Solana is up 3.4%, reaching $141.

XRP and Dogecoin also recorded gains of 0.6% and 2.2%, respectively. Americans may even take their eyes off the markets this Thursday, due to the Thanksgiving holiday, but the crypto market will continue to operate as usual.

It remains to be seen whether the recovery of last week will continue for the rest of the month and into December, or if this is just a momentary relief amid a prolonged decline.