On 30 December 2025, Bitcoin staged a sharp rally followed by a rapid reversal, with analysts suggesting the move was driven more by liquidity dynamics than genuine buying interest. The surge occurred while funding was negative, open interest was high, and short liquidations above a key resistance zone pushed price into thin liquidity, creating what appeared to be a breakout before collapsing once forced buying subsided.

According to analysis shared by Darkfost, Bitcoin's long-term holder supply has posted its first positive 30-day change since mid-July, with about 10,700 BTC moving into long-term status. Earlier readings of heavy distribution were skewed by a roughly 800,000 BTC Coinbase-linked transfer. The shift eases selling pressure but does not confirm a trend reversal.

On 30 December 2025, China’s Supreme People’s Court outlined a push to update legal tools for digital assets in its 2025 Digital Rule of Law journal. While crypto trading remains banned, courts increasingly treat cryptocurrencies as virtual property and plan clearer rules for electronic transactions, digital records, and AML coverage amid rising cybercrime and disputes.

On 30 December 2025, BlackRock's blockchain-based USD Institutional Digital Liquidity Fund (BUIDL) crossed $100 million in cumulative income distributed fully onchain to token holders. The tokenized money market fund, backed by U.S. Treasuries and cash-equivalent assets and now operating across multiple blockchains, showcases that institutional-scale yield can be delivered through tokenized securities.

In December, derivatives traders increased exposure in Bitcoin and Ethereum even as overall activity cooled and prices struggled. Futures open interest rose by more than $2 billion, with roughly $1 billion added to BTC and about $1.4 billion to ETH. The rise in leverage suggests positioning for a rebound rather than capitulation.

Bitcoin recently pulled back from a cycle peak near $125,000 and is now trading around $88,000 after briefly exceeding $90,000, while gold and silver are advancing to fresh highs. The article attributes this divergence to a recurring market pattern in which capital first flows into defensive assets like precious metals before rotating into higher-risk assets such as crypto. Technical indicators such as RSI in the mid-40s, easing volume, and a recovering MACD suggest consolidation rather than a breakdown, with some prior cycles showing strong Bitcoin rallies after metals lose momentum.

Bitcoin is trading in a narrow band between $85,000 and $92,000, where resistance is increasingly used by investors to exit positions. On-chain metrics show only about 65% of supply in profit and sentiment indicators have turned bearish, while analysts warn a breakdown could send the price toward the low-volume zone near $75,000. The current fragile phase began in early November and could persist before any decisive move unfolds.

On 28 December 2025, Coinbase Institutional outlined how crypto markets are moving away from retail-driven boom-bust cycles toward an institutional, macro-linked structure dominated by derivatives. The report argues that regulation, real-economy linkages, and growing institutional use of crypto infrastructure, tokenization, and privacy tools are reshaping market behavior and reducing wild-west dynamics.

On 28 December 2025, Uniswap removed 100 million UNI from its treasury in a single onchain transaction, permanently shrinking the token's available supply and redirecting protocol value toward holders. At prevailing market prices, the burn represented nearly $600 million and pushed UNI toward a deflationary, usage-linked economic model, while governance support was overwhelmingly in favor and separate funds remain allocated for builders and ecosystem development.