Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Bitcoin ecosystem tokens gain as BTC surges above $91k

Bitcoin ecosystem tokens gain as BTC surges above $91k

CoinjournalCoinjournal2025/11/28 13:57
By:Coinjournal
Bitcoin ecosystem tokens gain as BTC surges above $91k image 0
  • The price of Bitcoin gaining to $91,900 has buoyed many ecosystem tokens.
  • BounceBit is among the top gainers in the Bitcoin ecosystem, and Stacks is eyeing fresh momentum.
  • BTC traded around $91,257 as of writing amid macro headwinds.

Several cryptocurrencies within the Bitcoin ecosystem rose as the benchmark digital asset surged past the $91,900 mark.

BTC’s recovery from last week’s rout to $80,000 lifted sentiment across related ecosystem tokens, with BounceBit (BB) and Stacks (STX) among the standout performers.

Further gains for the bellwether cryptocurrency could signal similar moves for BB, STX, and others.

Bitcoin price bounces to $91,700

Bitcoin has demonstrated notable resilience after last week’s dump, with bulls recovering after briefly dipping toward the psychologically significant $80,000 level.

Strong buying pressure at that threshold triggered a sharp reversal, propelling BTC first through $85,000 and subsequently to above $90,000.

During Asian trading hours on Friday, BTC hit intraday highs of $91,977 on Coinbase.

Bitcoin’s uptick marked a 24-hour gain of 1% before bears came in, while the weekly time frame performance showed a 12% move.

The recovery has slightly rekindled broader risk appetite, with altcoins also gaining and the total cryptocurrency market capitalization climbing back to $3.13 trillion.

However, analysts caution that macro headwinds remain, and upside moves could be capped.

CryptoQuant CEO Ki Young Ju shared this insight via X.

Bitcoin on-chain indicators are bearish, and further upside likely depends on macro liquidity. pic.twitter.com/3Np269UKEo

— Ki Young Ju (@ki_young_ju) November 28, 2025

BounceBit jumps 10%, Stacks eyes gains

As seen across the crypto market, the Bitcoin price recovery has translated into a cascade of gains for several projects, including those building directly on or alongside the Bitcoin blockchain.

Top performers in this ecosystem include Sky and Plasma, both recording double-digit gains in the past day.

BounceBit (BB), whose price has gained by more than 10% in the past 24 hours and over 27% in the past week, is another top performer.

The BounceBit project is a Bitcoin restaking and CeDeFi infrastructure protocol, and has its market capitalization above $79 million.

Meanwhile, details on CoinMarketCap show Pendle, Lombard, and Stacks as other key performers.

Stacks, ranked fourth in the sector with a market cap of over $586 million, has jumped 7% in the past week as bulls recoup losses seen when STX slumped to lows of $0.30.

With benefits such as tokenized future yield exposure on Bitcoin derivatives and liquid staking, most of these tokens look poised to tap into the Bitcoin DeFi narrative.

If BTC rises further, these high-beta plays could see notable upticks.

But hurdles lie ahead before the $100,000 mark comes into play.

“Breaking above the top-buyers’ supply clusters is a key prerequisite for regaining momentum toward a new ATH,” analysts at Glassnode said . “The major immediate clusters sit at $93k–$96K & $100k–$108K, where typically some degree of resistance from recent buyers is expected.”

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Ethereum Updates Today: Major Institutions Embrace Crypto Amid Meme Coin Frenzy and Market Shakeup

- Meme coins like Shiba Inu and Apeing are challenging crypto norms, driven by social media speculation and retail investor enthusiasm. - Hyperliquid (HYPE) rebounded from a 54% crash, showing resilience amid growing institutional interest in high-volume trading platforms. - Grayscale's Zcash ETF filing and Ethereum's $2,800 recovery highlight institutional adoption, supported by record ETH demand and ETF inflows. - Bitcoin ETFs attracted $129M in net inflows, while Binance targets ultra-high-net-worth cli

Bitget-RWA2025/11/30 05:16
Ethereum Updates Today: Major Institutions Embrace Crypto Amid Meme Coin Frenzy and Market Shakeup

PENGU Token's Latest Price Rally: Does It Make Sense as a Short-Term Investment?

- PENGU token's November 2025 price surge shows conflicting technical signals: MACD/OBV suggest bullish momentum while RSI indicates overbought conditions. - On-chain data reveals mixed investor behavior, with whale inflows and supply burns offset by 2.069B tokens moving to exchanges for potential selling. - Regulatory uncertainty from pending Cboe ETF filing and governance concerns create high-risk dynamics for short-term traders. - Key price levels at $0.012 support and $0.0235 resistance frame potential

Bitget-RWA2025/11/30 05:14
PENGU Token's Latest Price Rally: Does It Make Sense as a Short-Term Investment?

Analyzing the PENGU USDT Sell Signal and What It Means for Stablecoin Investors

- PENGU/USDT's 28.5% price drop exposed stablecoin market fragility, driven by technical indicators, regulatory risks, and whale outflows. - USDT's 82.5% exchange dominance faces pressure as investors shift to compliant stablecoins like USDC amid heightened regulatory scrutiny. - $66.6M team wallet outflows and Pudgy Penguins' 36% NFT sales decline highlight systemic risks for meme coins lacking institutional support. - Cboe's pending PENGU/NFT ETF filing underscores regulatory uncertainty, with approval p

Bitget-RWA2025/11/30 05:14
Analyzing the PENGU USDT Sell Signal and What It Means for Stablecoin Investors