Bitcoin and Ethereum Surge as Gold Shows Midterm Weakness - Digital Assets Outshine Traditional Safe Havens
Digital gold eclipses the real thing as Bitcoin and Ethereum capitalize on gold's faltering momentum.
The Great Rotation Accelerates
While gold struggles to maintain its luster, cryptocurrencies are stealing the spotlight with robust gains. Bitcoin's network activity hits unprecedented levels as institutional money flows in—meanwhile, Ethereum's upgrade cycle continues delivering tangible improvements to transaction speed and costs.
Traditional finance veterans scratch their heads as the 21st-century store of value narrative gains traction. Gold's midterm technical breakdown creates the perfect storm for digital asset adoption, with smart money already positioning for the paradigm shift.
Another quarter, another reminder that being early feels a lot like being wrong—until suddenly you're right. The metals crowd can keep weighing bars while crypto builds the future.
The wider crypto market led by Bitcoin (BTC) and Ethereum (ETH) is on the rise today. Bitcoin price gained around 3% during the past 24 hours to trade above $90k on Wednesday, November 26, 2025, during the mid-North American session.
Ethereum price rallied above a crucial resistance level around $2,981 to trade at about $3,031 at press time. As such, the total crypto market cap surged 1.2% to hover around $3.04 trillion at press time.
Why are Bitcoin and Ethereum Up Today
Renewed demand from institutional investors after a heavy capitulation last few weeks
The demand for Bitcoin and ethereum by institutional investors has rebounded in the past few days. After a notable capitulation in the past few weeks, on-chain data shows whale investors have returned.
For instance, BlackRock’s IBIT recorded a net cash inflow of over $130 million on Tuesday, partially offsetting last week’s huge outflow. On-chain data analysis revealed that a single whale investor withdrew 6k ETH, valued at over $17 million, from Binance on Wednesday, thus increasing holdings to nearly 74k ETH.
Technical tailwinds amid bearish outlook for Gold
From a technical analysis standpoint, BTC price has led the wider altcoin market in underperforming other markets year-to-date. Amid the mainstream adoption of crypto fueled by regulatory clarity under President Donald Trump, the wider crypto assets have been under huge selling pressure YTD.
However, today’s Bitcoin-led market rebound has rejuvenated bullish sentiment for the wider crypto space. With the weekly Relative Strength Index (RSI) hovering in oversold levels, the bullish momentum is likely to continue in the coming weeks.
Source: X
The bullish sentiment for crypto is bolstered by the rising odds of a Gold market reversal. In the past few weeks, the Gold price has formed a potential reversal pattern as short-term investors accelerate profit-taking, thus increasing capital rotation to Bitcoin and the wider crypto market.
Source: X
Rising odds for a 25bps Fed rate cut in December amid its upcoming QE
The renewed crypto bullish outlook is bolstered by the upcoming Federal Reserve’s Quantitative Easing (QE) amid rising odds of a rate cut in December. Furthermore, the global money supply has been rising in the recent past amid a choppy crypto market.
