After a week of forced liquidations, the crypto market finally caught its breath over the weekend. Bitcoin bounced from lows near $80,000 to trade back in the mid-$80,000s on Monday, while the total crypto market cap is hovering around $3.01 trillion with only marginal 24-hour moves.
Risk appetite could start rising thanks to encouraging macro data. New York Fed president John Williams signaled there is “room for further adjustment” to rates in the near term, which markets read as a clear hint at a December cut. At the same time, a delayed September U.S. jobs report showed nonfarm payrolls up by 119,000, a number far above expectations that could add to the stability in riskier markets.
Despite that, sentiment is still in “extreme fear” territory according to CoinMarketCap’s Crypto Fear & Greed Index, which dropped to 12 this morning. Historically, wash-outs like this have often marked attractive entry levels for long-term investors.
Crypto presales with real products behind them have also continued to attract capital. Best Wallet Token (BEST) is a prime example, raising over $17.3 million even as majors sold off, and its presale is now entering the final four days before exchange listings and token claims go live.
Crypto Market Finds Its Feet as Bitcoin Stabilizes After Last Week’s Lows
Bitcoin’s slide earlier this month retraced all of its 2025 gains, but the weekend finally brought stabilization. Prices recovered from a low near $80,600 on Friday to close above $86,800 on Sunday, with Monday trading holding around the same zone. The total crypto capitalization sits at $3.01 trillion, up slightly over the last 24 hours, while Bitcoin dominance is near 57%. That mix points to consolidation rather than fresh panic selling.
Macro conditions help explain why the bleeding has slowed. Williams’ comments about bringing policy “closer to neutral” pushed rate-cut odds for December sharply higher, giving risk assets some breathing room. Stronger-than-expected job creation of 119,000, alongside a 4.4% unemployment rate, gives the Fed cover to lean more dovish without flashing recession alarms. For many investors, that mix is fueling hopes that rate cuts and even a new wave of quantitative easing could return sooner rather than later.
🔄 Update:
With spot now at $86.5K, several key levels have shifted:
🔴 STH Cost Basis: $105.5K
🟡 Active Investors Mean: $87.1k
— Spot Price: $86.5K —
🟢 True Market Mean: $81.3K
🔵 Realized Price: $56K📊 https://t.co/mJ1JCnjTff https://t.co/HxSljVLcSo pic.twitter.com/aKGNUhDgUU
— glassnode (@glassnode) November 23, 2025
On-chain, Glassnode’s recent post on X paints a clear picture of a market that has eliminated weak hands but hasn’t broken structurally. The key takeaway is that spot prices are sitting below what most short-term buyers paid, while still hovering above long-term cost averages. That suggests many recent entrants are underwater, yet long-term holders remain in profit – a setup that often precedes stronger recovery phases.
But when leverage has been flushed, sentiment is distressed, and price is chopping around key cost-basis levels, capital often looks for asymmetric upside elsewhere. That’s where live-product presales like Best Wallet Token (BEST) continue to capture attention.
Best Wallet: Next-Generation Self-Custody Powered by Token in Presale Until Friday
Best Wallet is a fully non-custodial, multi-chain crypto wallet app already live on iOS and Android. It supports major networks such as Bitcoin, Ethereum, Solana, and dozens more. In a single interface designed for everyday users, it combines portfolio tracking, DEX-based swaps, staking, a presale launchpad, and a variety of dApps.
To ensure the highest level of security, Best Wallet integrates Fireblocks’ MPC-CMP technology for key management, decentralized account recovery, and smart-contract checks that help users avoid malicious contracts. That infrastructure is wrapped in a clean UX with custom multi-wallet portfolios, making it feel closer to a modern fintech app than a clunky Web3 tool.
The BEST token powers this ecosystem. Holders can unlock reduced swap and card fees, boosted staking rewards, governance rights, and, crucially, early access to curated presales via the in-app Upcoming Tokens portal. Best Wallet’s roadmap, including upcoming features like derivatives trading, an NFT gallery, and a crypto debit card called Best Card, aim to turn the wallet into an even more powerful tool – giving BEST holders a clear incentive to stay on board for the long term.
In a YouTube review of BEST by the 99Bitcoins channel, one of its top analysts argues that this mix of a live wallet with hundreds of thousands of monthly users, deep token utility, and a sizable presale war chest is exactly the kind of setup that can deliver 10x-style upside once markets improve.
According to 99Bitcoins, BEST isn’t only a high-potential speculative idea, but primarily the fuel for an already functioning product suite that continues to attract users.
Final Countdown: Why the Best Wallet Token Presale Is Drawing Whales and Retail
The numbers behind the BEST presale tell their own story. The current token price is $0.025995, with over $17.3 million already raised and more than 55,000 unique buyers recorded on the project’s official dashboards. In a market still nursing double-digit percentage losses from recent highs, that is a notable show of conviction.
BEST holders can stake their tokens for up to a 75% APY, and over 350 million BEST are already locked in the staking pool, sharply reducing the amount of liquid supply likely to hit exchanges on day one. In an environment where investors are hunting for real yield while waiting for the next macro catalyst, that combination of income and scarcity is powerful.
Fresh on-chain activity suggests larger players are still buying. Over the weekend, buyers continued to join in, with investments ranging from retail amounts up to several thousand dollars, such as a nearly 5 ETH purchase this Saturday.
The presale is scheduled to end this Friday, November 28, at 12:00 UTC, with token claims going live at the same moment and exchange listings to follow soon after. If Bitcoin continues to stabilize and a December rate cut materializes, this well-funded, yield-bearing wallet token could be one of the more compelling plays on the market.
