Real Vision: Finance & Investing

Trading the Markets: November 26, 2025 | Kris Bullock and Bijan Maleki

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Nov 26, 2025
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INSIGHT

Global Liquidity Is Showing Early Strength

  • Global liquidity is starting to tick up outside the US, helping fuel a market bounce.
  • Kris Bullock warns US liquidity (QT and rate cuts) hasn't shifted materially yet, so gains may be limited.
INSIGHT

Alts Outpacing Bitcoin In This Bounce

  • Some altcoins and specific tokens are outpacing Bitcoin during this bounce, causing alt market cap to green while BTC dominance lags.
  • Kris Bullock notes unusual large on-chain purchases and concentrated accumulation in certain tokens.
INSIGHT

MSCI Rule Would Create Mechanical Selling

  • MSCI's proposed rule to delist firms holding >50% in digital assets would force index funds to sell those stocks.
  • That mechanical selling could remove MicroStrategy as a major Bitcoin-buying catalyst and pressure related markets.
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