The big story in crypto news today is how surprisingly calm the market is after what could have been a much bigger upheaval. BTC USD is still stationed around $90,000 and ETH USD continues to climb. All of this happened even after the sudden Chicago data center outage briefly froze global trading screens.
Once the Chicago data center problem was resolved, markets fell and stocks even rose on hopes that the Fed might finally cut rates. Somehow, BTC and ETH barely flinched against USD during all of this.
If there’s anything that stands out this week, it’s how aggressively institutions are buying the dip. Ark Invest took in $88 million from Bitcoin and BlackRock took in another $68.8 million from Ethereum. Institutions are showing conviction while retailers are deeply worried.
Institutions Continue to Buy as Cash Flows in: Can ETH USD Catch Up?
Following the condemnation of the big guys, around $190 billion was pumped back into the crypto market in just one week. A good sign that the biggest players don’t think the party is over yet.
USD stablecoin issuer Circle also issued an additional 500 million USDC, bringing the total to $1.25 billion over the last 2-3 days. This additional liquidity is typically recycled back into BTC and major altcoins like ETH once confidence returns for redeployment.
BREAK:
Circle hits another 500,000,000 $USDC. pic.twitter.com/JlkXsZXhQ6
– Crypto Rover (@cryptorover) November 29, 2025
BREAK:Outside of crypto, metals are on a tear. Gold is tightening in another bullish consolidation, and silver just posted a new all-time high at $56, up almost 90% since January.
When stocks, metals, and risk assets start heating up together, spillovers into BTC and ETH versus USD tend to follow, and many people watching crypto news today expect exactly that.
But browse X and most crypto communities, and we’ll see the opposite sentiment: doomsday predictions, October cycle theories, and warnings of an 84% crash.
Cryptocurrency Fear and Greed Chart
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The funniest thing? All indicators that have reached the highs of 2013, 2017 and 2021 are silent. Pi Cycle Top does not fire. The MVRV Z-Score is also at an absurdly low 1.07, which is historically oversold. Puell Multiple is below 1, which means miners are currently in a hurry.
DISCOVER: 16+ New and Upcoming Binance Listings in 2025
BTC USD ready for the next move
ETF flows tell the real big story. Even with November’s record outflows of $3.79 billion, BlackRock still holds 777,000 BTC and over $10 billion in ETH. We know that institutions did not blink after the Chicago data center disaster. The market remains optimistic despite the current decline.
(source – BlackRock, Arkham)
This recent decline of 36% over six weeks was the most severe of the cycle, and it caught almost everyone off guard after months of slow bleeding. But structurally, there is nothing broken. The same weekly divergences that triggered previous rallies are forming again. If BTC USD hits $112,000, over $15 billion in short positions could be wiped out in one massive squeeze.
(source – Liquidation Heatmap, Coinglass)
So, despite the noise, the crypto bull run does not appear to be over. Today, with the increasing liquidity of cryptocurrencies, large sums of money continuing to buy as seen all over the news and indicators refusing to show a peak, the setup favors continuation.
It’s Saturday and I’m optimistic, as always.
DISCOVER: 10+ next cryptos to 100X in 2025
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Barcelona Crypto Nightmare: How a Big Sponsorship Became a Big Liability
By
A new crypto partnership intended to stabilize FC Barcelona’s finances has become a public headache in just a few days.
FC Barcelona is facing growing criticism after confirming in mid-November that a Samoa-based company, Zero-Knowledge Proof (ZKP), would act as the club’s “official crypto protocol partner.”
But on November 26, the club moved to distance itself from a digital token launched by the sponsor, insisting it had “no connection at all” to the asset.
Controversy has erupted in Barcelona over the past 24-48 hours, as fans and observers questioned who controls ZKP and why the club approved the arrangement.
Global partnership with @ZKPofficialnew official Blockchain technology partner of FC Barcelona. #BarçaxZKP
– FC Barcelona (@FCBarcelona) November 14, 2025
Read the full story here.
QNT Crypto Exchange Supply at All-time High: London-based Quant Network Slowly Climbs in Red Market
By
The Quant Network, or QNT, has been quietly rising, even as most of the crypto market remains red. While major coins struggled to maintain support, Quant managed to claw its way into the mid-90s after an 11% jump, giving it unusual strength during a gloomy week.
Much of this is due to Quant Network’s slow progress with Overledger, the London-based company’s interoperability system that aims to connect blockchains to the traditional financial rails that institutions still rely on.
Between the decrease in exchange supply and the growing attention from the crypto community, there are several reasons why QNT crypto continues to climb while everything else seems heavy.
Read the full story here.
The article Crypto Market News Today, November 29: BTC USD stable at $90,000, ETH USD higher as Chicago data center chaos ends appeared first on 99Bitcoins.
