Crypto markets stay steady as BTC holds $90,000 and ETH inches higher after Chicago outage

Crypto markets remained surprisingly stable on November 29, even after a major Chicago data center outage briefly froze global trading screens. Bitcoin continued trading near $90,000 while Ethereum inched upward, showing minimal reaction to the disruption. Institutions were far more active than retail investors, with Ark Invest purchasing $88 million worth of BTC and BlackRock adding $68.8 million in ETH. The broader crypto market saw nearly $190 billion in capital flow back within a week, signaling confidence among large investors. Liquidity conditions improved further as Circle minted an additional 500 million USDC, bringing total issuance to $1.25 billion over the past few days.