
{"id":116731,"date":"2025-11-30T09:38:17","date_gmt":"2025-11-30T09:38:17","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=116731"},"modified":"2025-11-30T09:38:17","modified_gmt":"2025-11-30T09:38:17","slug":"weekend-crypto-update-100k-btc-narrative-still-alive-cathie-wood-tom-lee-confirm","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=116731","title":{"rendered":"Weekend Crypto Update: $100k BTC Narrative Still Alive, Cathie Wood &amp; Tom Lee Confirm"},"content":{"rendered":"<p>It\u2019s the weekend again, and in today\u2019s crypto update, the broader market remains oversold with the Fear and Greed Index climbing to 20, which is still better than the extreme fear at 13, I suppose, but still represents fear in the market. At the moment, major cryptocurrencies are consolidating, moving sideways, awaiting a catalyst that can help give momentum to their price action.<\/p>\n\n<p>(Source: <a class=\"general-link\" href=\"https:\/\/coinmarketcap.com\/\" target=\"_blank\" rel=\"noopener\">CoinMarketCap<\/a>)<\/p>\n<p>\t<span class=\"cwp-coin-widget-container\"><\/span><\/p>\n<p>\t\t<!-- name of the coin in the text --><br \/>\n\t\t<span class=\"cwp-coin-widget-wrapper\"><br \/>\n\t\t\t<span class=\"cwp-coin-widget-holder \"><br \/>\n\t\t\t\t<span class=\"cwp-coin-name\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-icon \"><\/span><\/span><\/span><\/span><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t<br \/>\n\t\t\t\t\t<span class=\"cwp-coin-label \">Bitcoin<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-symbol hidden\">BTC<\/span><\/p>\n<p>\t\t\t\t\t<span class=\"cwp-coin-trend-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-price hidden\">$91,433.06<\/span><br \/>\n\t\t\t\t\t<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-trend-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-trend  positive\">0.04%<\/span><br \/>\n\t\t\t\t\t<\/span><\/p>\n<p>\t\t\t\t<br \/>\n\t\t\t<br \/>\n\t\t<\/p>\n<p>\t\t<!-- popup with basic info about the coin --><br \/>\n\t\t<span class=\"cwp-coin-popup-wrapper \"><br \/>\n\t\t\t<span class=\"cwp-coin-popup-holder\"><br \/>\n\t\t\t\t<span class=\"cwp-coin-name\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-icon\"><\/span><\/span><\/span><\/span><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t<br \/>\n\t\t\t\t\t<span class=\"cwp-coin-popup-name\">Bitcoin<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-popup-symbol\">BTC<\/span><br \/>\n\t\t\t\t<br \/>\n\t\t\t\t<span class=\"cwp-coin-price\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-price-title\">Price<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-price-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-price-value\">$91,433.06<\/span><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-trend-holder\"><br \/>\n\t\t\t\t\t\t\t<span class=\"cwp-coin-trend positive\">0.04% \/24h<\/span><br \/>\n\t\t\t\t\t\t<\/span><br \/>\n\t\t\t\t\t<\/span><br \/>\n\t\t\t\t<\/span><br \/>\n\t\t\t\t<span class=\"cwp-coin-volume\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-price-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-volume-title\">Volume in 24h<\/span><\/span><\/span><\/p>\n<p>\t\t\t\t\t<br \/>\n\t\t\t\t\t<span class=\"cwp-coin-volume-value\">$19.16B<\/span><br \/>\n\t\t\t\t\t&lt;!&#8211; <span class=\"cwp-coin-trend-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-trend\">?<\/span><br \/>\n\t\t\t\t\t<\/span>                     &#8211;&gt;<br \/>\n\t\t\t\t<br \/>\n\t\t\t\t<span class=\"cwp-coin-chart\"><br \/>\n\t\t\t\t\t<span class=\"cwp-graph-title\">Price 7d<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-graph-container positive\"><\/span><\/span><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t<br \/>\n\t\t\t\t<\/p>\n<p>\t\t\t<\/p>\n<p>\t\t<br \/>\n\t<\/p>\n<p>\t, for instance, is currently trading at<br \/>\n    <span class=\"cwp-coin-price-container\"><br \/>\n        <span class=\"cwp-coin-price-value\"><\/span><br \/>\n    <\/span><br \/>\n, just below its 100-day exponential moving average (EMA) at $91,885. It has recovered from its downward spiral to $80,000, but is yet to break above $91,000 for more gains convincingly.<\/p>\n<p>(Source: <a class=\"general-link\" href=\"https:\/\/www.tradingview.com\/chart\/xwLlC9vB\/?symbol=BITSTAMP%3ABTCUSD\" target=\"_blank\" rel=\"noopener\">TradingView<\/a>)<\/p>\n<p>And if industry leaders are to be believed, the catalyst for the broader crypto market to rebound from its current sideways movement might be just around the corner. Cathie Wood, CEO of ARK Invest, believes that the Federal Reserve\u2019s (Fed) current policy of quantitative tightening will end on 1 December 2025.<\/p>\n<p><!--StartFragment --><\/p>\n<p class=\"pf0\"><span class=\"cf0\">\u201cQuantitative tightening we think will end December 1, that\u2019s a de facto easing,\u201d she <a class=\"general-link\" href=\"https:\/\/www.youtube.com\/watch?v=QbiJVmAUtEQ&amp;t=249s\" target=\"_blank\" rel=\"noopener\">said<\/a> in a November podcast.<\/span><\/p>\n<p>CATHIE WOOD SAYS LIQUIDITY RETURNS IN DECEMBER \u2014 YOU READY?<\/p>\n<p>Cathie Wood just gave one of the clearest timelines we\u2019ve heard: the liquidity squeeze that crushed risk assets may clear by December 10, right when she expects the Fed to ease.<\/p>\n<p>She reiterated that Ark\u2019s Bitcoin bull\u2026 <a href=\"https:\/\/t.co\/1zahY76vOK\" target=\"_blank\" rel=\"noopener\">https:\/\/t.co\/1zahY76vOK<\/a> <a href=\"https:\/\/t.co\/f83MC4ixSh\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/f83MC4ixSh<\/a><\/p>\n<p>\u2014 CryptosRus (@CryptosR_Us) <a href=\"https:\/\/twitter.com\/CryptosR_Us\/status\/1993148887419502980?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">November 25, 2025<\/a><\/p>\n\n<p><!--EndFragment --><\/p>\n<p>Meanwhile, Tom Lee, who leads <!--StartFragment --><span class=\"cf0\">BitMine<\/span><span class=\"cf0\"> Immersion Technologies and is also CIO at <\/span><span class=\"cf0\">Fundstrat<\/span><span class=\"cf0\"> Capital, told CNBC that the recent bitcoin sell-off is nearly over. He said, <strong><!--StartFragment --><\/strong><\/span><span class=\"cf0\">\u201cWhen we look at those prior corrections, even bitcoin in the last few years, each of them had the recovery, the rise from the low was faster than the drip to the bottom.\u201d<\/span><\/p>\n<p>Are markets really set up for a strong rally into year-end?<a href=\"https:\/\/twitter.com\/fundstrat?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">@fundstrat<\/a>&#8216;s Tom Lee breaks down in his latest <a href=\"https:\/\/twitter.com\/CNBCClosingBell?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">@CNBCClosingBell<\/a> appearance.<br \/>Watch the full interview here <a href=\"https:\/\/t.co\/uODV0UXdCT\" target=\"_blank\" rel=\"noopener\">https:\/\/t.co\/uODV0UXdCT<\/a><\/p>\n<p>\u2014 FS Insight (@fs_insight) <a href=\"https:\/\/twitter.com\/fs_insight\/status\/1993795360033264060?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">November 26, 2025<\/a><\/p>\n\n<p>Lee expects BTC to bounce from current levels and breach $100,000 in December, with a possibility of hitting a new ATH.<\/p>\n<p><strong>EXPLORE:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-1000x-crypto\/\" target=\"_blank\" rel=\"noopener\">Next 1000X Crypto \u2013 Here\u2019s 10+ Crypto Tokens That Can Hit 1000x This Year<\/a><\/strong><\/p>\n<h2>Weekend Crypto Update: ETH Fusaka Update Incoming, Year-End Rally Soon?<\/h2>\n<p>Since bottoming out at $2,684 on 21 November, <\/p>\n<p>\t<span class=\"cwp-coin-widget-container\"><\/span><\/p>\n<p>\t\t<!-- name of the coin in the text --><br \/>\n\t\t<span class=\"cwp-coin-widget-wrapper\"><br \/>\n\t\t\t<span class=\"cwp-coin-widget-holder \"><br \/>\n\t\t\t\t<span class=\"cwp-coin-name\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-icon \"><\/span><\/span><\/span><\/span><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t<br \/>\n\t\t\t\t\t<span class=\"cwp-coin-label \">Bitcoin<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-symbol hidden\">BTC<\/span><\/p>\n<p>\t\t\t\t\t<span class=\"cwp-coin-trend-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-price hidden\">$91,433.06<\/span><br \/>\n\t\t\t\t\t<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-trend-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-trend  positive\">0.04%<\/span><br \/>\n\t\t\t\t\t<\/span><\/p>\n<p>\t\t\t\t<br \/>\n\t\t\t<br \/>\n\t\t<\/p>\n<p>\t\t<!-- popup with basic info about the coin --><br \/>\n\t\t<span class=\"cwp-coin-popup-wrapper \"><br \/>\n\t\t\t<span class=\"cwp-coin-popup-holder\"><br \/>\n\t\t\t\t<span class=\"cwp-coin-name\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-icon\"><\/span><\/span><\/span><\/span><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t<br \/>\n\t\t\t\t\t<span class=\"cwp-coin-popup-name\">Bitcoin<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-popup-symbol\">BTC<\/span><br \/>\n\t\t\t\t<br \/>\n\t\t\t\t<span class=\"cwp-coin-price\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-price-title\">Price<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-price-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-price-value\">$91,433.06<\/span><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-trend-holder\"><br \/>\n\t\t\t\t\t\t\t<span class=\"cwp-coin-trend positive\">0.04% \/24h<\/span><br \/>\n\t\t\t\t\t\t<\/span><br \/>\n\t\t\t\t\t<\/span><br \/>\n\t\t\t\t<\/span><br \/>\n\t\t\t\t<span class=\"cwp-coin-volume\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-price-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-volume-title\">Volume in 24h<\/span><\/span><\/span><\/p>\n<p>\t\t\t\t\t<br \/>\n\t\t\t\t\t<span class=\"cwp-coin-volume-value\">$19.16B<\/span><br \/>\n\t\t\t\t\t&lt;!&#8211; <span class=\"cwp-coin-trend-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-trend\">?<\/span><br \/>\n\t\t\t\t\t<\/span>                     &#8211;&gt;<br \/>\n\t\t\t\t<br \/>\n\t\t\t\t<span class=\"cwp-coin-chart\"><br \/>\n\t\t\t\t\t<span class=\"cwp-graph-title\">Price 7d<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-graph-container positive\"><\/span><\/span><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t<br \/>\n\t\t\t\t<\/p>\n<p>\t\t\t<\/p>\n<p>\t\t<br \/>\n\t<\/p>\n<p>\thas been slowly recovering and is currently trading at<br \/>\n    <span class=\"cwp-coin-price-container\"><br \/>\n        <span class=\"cwp-coin-price-value\"><\/span><br \/>\n    <\/span><br \/>\n, just above its 50-day EMA at $2980.<\/p>\n<p>The next key level to breach is its 100-day EMA at $3,054. ETH has tried to retest this level before, but has failed to hold above it. If the altcoin king can manage to breach convincingly above this level and maintain, its price can move further towards $<!--StartFragment --><span class=\"cf0\">$3,618.\u00a0<\/span><\/p>\n\n<p>(Source: TradingView)<\/p>\n<p>Now, if ETH can manage to further breach this level, it could even open the doorway to challenge $4,200 before the year\u2019s end. One of the core components for this recent uptick in its price action is the much-anticipated Fusaka upgrade scheduled for 3 December 2025.<\/p>\n<p><a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">$ETH<\/a> is still consolidating around the $3,000 level.<\/p>\n<p>Not much price action due to weekends, but next week could be interesting.<\/p>\n<p>QT is ending on December 1st, Powell&#8217;s speech is on December 1st, and the Fusaka upgrade is coming on December 3rd.<\/p>\n<p>If Ethereum holds above the\u2026 <a href=\"https:\/\/t.co\/pxgmrOHyah\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/pxgmrOHyah<\/a><\/p>\n<p>\u2014 Ted (@TedPillows) <a href=\"https:\/\/twitter.com\/TedPillows\/status\/1995057311304573402?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">November 30, 2025<\/a><\/p>\n\n<p>Past upgrades have triggered major rallies; for instance, <span class=\"cf0\">the May 2025 <\/span><span class=\"cf0\">Pectra<\/span><span class=\"cf0\"> upgrade saw ETH rise 55% in just over a month and 168% in about three months. <!--StartFragment --><\/span><span class=\"cf0\">Still, selling pressure has weighed on sentiment. In November, Ethereum ETFs saw $1.42 billion in outflows, more than triple the $403 million recorded in March.<\/span><\/p>\n<p>Whales have been offloading. An OG ETH whale offloaded <!--StartFragment --><span class=\"cf0\">87,824 ETH worth $270 million, though they still hold over $200 million, showing long-term confidence.<\/span><\/p>\n<p><strong>EXPLORE: \u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-cryptocurrency\/\" target=\"_blank\" rel=\"noopener\">Best New Cryptocurrencies to Invest in 2025<\/a><\/strong><\/p>\n<div class=\"nnbtc-live-articles-list\">\n<div class=\"nnbtc-updates-container\">\n<div class=\"nnbtc-live-article\">\n<div class=\"nnbtc-update-meta\">\n\t\t<span class=\"nnbtc-update-time-dot\"><\/span><br \/>\n\t\t<a class=\"nnbtc-update-time\" href=\"https:\/\/99bitcoins.com\/news\/altcoins\/weekend-crypto-update-100k-btc-narrative-still-alive-cathie-wood-tom-lee-confirm\/#article-314501\" target=\"_self\" rel=\"noopener\"><br \/>\n\t\t\t8 minutes ago\t\t<\/a><\/div>\n<div class=\"nnbtc-update-title\">\n<h2>IBIT\u2019s $2.3B Outflow Perfectly Normal: BlackRock Exec<\/h2>\n<\/div>\n<div class=\"nnbtc-update-author\">\n<div>\n\t\t\t\tBy  <span class=\"nnbtc-author-name\">Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n<div class=\"nnbtc-update-content\">\n<p>BlackRock\u2019s spot Bitcoin ETF (IBIT) in November witnessed an outflow totaling $2.34 billion, including two major one-day outflows of $523 million and $463 million. Despite the outflows, the company remains confident in the product\u2019s long-term value.\u00a0<\/p>\n<p>Cristiano Castro, a BlackRock exec, speaking at the Blockchain Conference 2025 in S\u00e3o Paulo, said that such movements are typical for ETFs, especially those dominated by retail investors.\u00a0<\/p>\n<p>JUST IN: BlackRock\u2019s Cristiano Castro says IBIT\u2019s $2.34B November outflow is normal, reflecting routine retail driven ETF adjustments. <a href=\"https:\/\/t.co\/Oan6unJpi6\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/Oan6unJpi6<\/a><\/p>\n<p>\u2014 BNN (@brainsnewsnets) <a href=\"https:\/\/twitter.com\/brainsnewsnets\/status\/1995034702856786314?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">November 30, 2025<\/a><\/p>\n\n<p>Castro noted that earlier demand for IBIT was exceptionally strong, with combined listings in the U.S. and Brazil nearly reaching $100 billion in assets at their peak. He framed the recent outflows as part of a natural cycle, not a structural weakness.<\/p>\n<p><strong>Explore: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/crypto-presales\/\" target=\"_blank\" rel=\"noopener\">The 12+ Hottest Crypto Presales to Buy Right Now<\/a><\/strong>\u00a0<\/p>\n<\/div>\n<\/div><\/div>\n<\/div>\n<p><!--EndFragment --><\/p>\n<p><span class=\"cf0\"><!--EndFragment --><\/span><\/p>\n<p><!--EndFragment --><\/p>\n<p><!--EndFragment --><\/p>\n<p><!--EndFragment --><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/weekend-crypto-update-100k-btc-narrative-still-alive-cathie-wood-tom-lee-confirm\/\">Weekend Crypto Update: $100k BTC Narrative Still Alive, Cathie Wood &amp; Tom Lee Confirm<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>It\u2019s the weekend again, and in today\u2019s crypto update, the broader market remains oversold with the Fear and Greed Index climbing to 20, which is still better than the extreme fear at 13, I suppose, but still represents fear in the market. At the moment, major cryptocurrencies are consolidating, moving sideways, awaiting a catalyst that [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":116732,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-116731","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/116731"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=116731"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/116731\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/116732"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=116731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=116731"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=116731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}