Tom Lee, head of research at analyst firm Fundstrat Global Advisors, known for his optimistic view of bitcoin, has sharply lowered his expectations for the cryptocurrency. While back in October he insisted that bitcoin would be worth $250,000 by the end of the year, now his forecast is half that.

A well-known crypto-optimist has drastically lowered his forecast. He no longer expects bitcoin at $250,000 

Analysts at S&amp;P Global Ratings <a href="https://www.spglobal.com/ratings/en/regulatory/delegate/getPDF?articleId=3486415&amp;type=COMMENTS&amp;defaultFormat=PDF">downgraded the</a> stability rating of the USDT steiblcoin from "limited" to the minimum - "weak". The reason for the agency called the growing share of high-risk assets in the reserves of the issuer of the token - the company Tether. Tether's assets are held in bitcoin, gold and corporate bonds. S&amp;P Global warned that the falling bitcoin price could lead to insufficient collateralization of the token.

S&amp;P Global has downgraded the stability rating of the Tether stablecoin. What is wrong with the token?

Robinhood Markets, Inc.

Hon Hai Precision Industry Co., Ltd.

Markets remain under the influence of expectations of the Fed rate cut and the possible appointment of Kevin Hassett as the new head of the regulator. This weakened the dollar and supported gold prices, with the precious metal again approaching $4165 per troy ounce. Foxconn is strengthening its presence in the U.S., having received approval to invest $569 million to expand its AI server production in Wisconsin. On these and other topics - in our review of key events for the morning of November 26.

Highlights for the morning: Fed expectations, a boom in predictive platforms and new AI investments in the US

Block, Inc.

Jack Dorsey's fortune is estimated by Forbes at $4.8 billion. The bitcoin creator has 1 million crypto coins that are worth about $87 billion

Baird found coincidences between Twitter co-founder and mysterious bitcoin creator

Amazon.com, Inc.

Binance is facing a massive new lawsuit in the US in which the company is accused of helping to fund Hamas: adding to the pressure on the crypto industry. Amazon announced investments of up to $50 billion in data centers for the US government, reflecting a surge in demand for government AI capacity. On these and other topics - in our review of key events for the morning of November 25.

Highlights for the morning: Binance under attack, OpenAI prepares a device, Asia changes focus

American Bitcoin Corp

Trump Jr.'s company American Bitcoin owns $350 million worth of bitcoins 

Trump's son urged to buy bitcoin on drawdown. He bets on the price growth to $1 million

Several large defense companies from Europe have started preparing for IPOs. Shares of the creator of Baby Shark, the most popular video on YouTube, collapsed below its IPO price after soaring in debut trading. Billionaire investor Bill Ackman urged the White House not to pursue the IPOs of Fannie Mae and Freddie Mac. The main IPO market events of the week are in our selection.

European defense, Baby Shark and Fannie-Freddie: What's important about IPOs by Nov. 23

NVIDIA Corporation

Meta Platforms, Inc.

Microsoft Corporation

Nvidia's report this week lowered anxiety around a possible AI bubble by 24 hours. Alphabet shares hit a record high thanks to its powerful AI model Gemini 3. Tech giants Microsoft and Nvidia, as well as Claude's chatbot developer Anthropic, announced strategic partnerships, strengthening their position in the AI race. A court in the US dismissed a major antitrust lawsuit for the first time, finding Meta's acquisitions of Instagram and WhatsApp legal. The main events from November 17 to 21 - in our review.

Highlights of the week: Nvidia report, Alphabet's record, crypto's fall

Strategy Inc

Since Strategy announced its first bitcoin purchase in August 2020, its shares have risen more than 1,300%

Strategy risks falling out of indices and losing up to $9 billion in capitalization - JPMorgan

Coinbase Global, Inc.

MARA Holdings, Inc.

The total capitalization of cryptocurrencies fell below $3 trillion on November 21 for the first time in seven months, Decrypt <a href="https://decrypt.co/349514/nearly-1b-liquidated-in-an-hour-as-bitcoin-plunges-below-82k">reported.</a> On Friday, positions worth about $1 billion were liquidated in the market in just an hour, it said.

The crypto market collapsed below $3 trillion for the first time in 7 months. It lost almost $1 billion in an hour

BTCS Inc.

BTC Digital Ltd.

Expert attributes the collapse of cryptocurrencies to deteriorating liquidity and predicts a quick recovery

Market barometer: why Tom Lee advises equity investors to keep an eye on cryptocurrencies

October is traditionally a good month for cryptocurrencies, it even has a nickname - <a href="https://www.webopedia.com/crypto/learn/what-is-uptober/">Uptober</a>. But in 2025, it has turned into one of the worst months for cryptocurrencies in the last decade. Rustam Botashev, Partner and Investment Director of Blockreign Fund, wrote in his column for Oninvest how to understand what will happen to the cryptocurrency market next.

Crypto