The past week for Bitcoin was characterized by significant volatility and corrective movements against a backdrop of several macroeconomic and political factors. The trading range for Bitcoin during this period was $90,791 — $98,871, reflecting dynamic fluctuations in the exchange rate. After a continuous increase of 49% over 18 days, the market experienced a predictable correction triggered by profit-taking by traders and geopolitical uncertainty.
At the beginning of the week on November 25, Bitcoin fell by 4.99%, reaching $93,010, which was associated with an unsuccessful attempt to overcome the psychological barrier of $100,000. The correction intensified amid statements from Donald Trump regarding new trade tariffs and the publication of the minutes from the U.S. Federal Reserve meeting. On November 26, there was a slight decline of 1.12% to $91,965, due to information from analysts at Glassnode about the sell-off of over 507,000 Bitcoins by long-term investors.