$BTC
According to Binance market data on November 29, 2025, Bitcoin crossed the 91,000 USDT mark, trading at 91,038.10 USDT with a 0.16% increase over 24 hours. Recent developments shaping the market include ongoing institutional investment, a downward revision of long-term price forecasts by some analysts, and Bitcoin's growing role as a store of value rather than a transactional currency.
1 BTC equals
BDT 11,066,680.28
Key news and market dynamics
Regulatory shifts: Regulatory changes are cited as a primary driver for Bitcoin's recent rally, with Cathie Wood of Ark Invest revising her 2030 forecast from $1.5 million to $1.2 million. This was in part due to the expansion of stablecoins taking over transactional roles, which, in turn, strengthens Bitcoin's position as a store of value.
Institutional investment: Spot Bitcoin ETFs saw $240 million in new investments, breaking a six-day outflow streak. BlackRock's IBIT and Fidelity's FBTC were among the leading ETFs. Galaxy Digital's $72 million investment in Bitcoin mining firm Canaan indicates growing institutional interest in the underlying infrastructure, not just the tokens.
Market sentiment: Market sentiment in November 2025 is a mix of FOMO and FUD. While Bitwise's Matt Hougan and Michael Saylor suggest Bitcoin could reach $150,000 by year-end, Galaxy Digital has a more cautious 2025 projection of $120,000. This indicates a maturing market where underlying fundamentals are becoming more important than hype.
Analyst predictions: On November 28, 2025, CoinCodex predicted Bitcoin's average price for 2025 could reach $92,292. They also forecast a long-term trading range between $89,991 and $98,000 for the year.
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