Bitcoin briefly pushed toward $90,000, triggering a cluster of short liquidations around $89,500 to $90,500 before price quickly reversed below $87,000. With major long-liquidation pools concentrated between $84,000 and $80,000 and momentum indicators weakening, downside liquidity now appears more significant than resistance overhead.

Perplexity AI has issued new price projections for Pi Network, Bitcoin and Solana, outlining sharply divergent bullish and bearish paths into the end of 2025. The AI model sees Pi trading anywhere between $0.15 and $2.80, while Bitcoin could swing between $70,000 and $230,000 and Solana between $30 and a multi-hundred-dollar rally. These scenarios underscore heightened volatility risk for major and emerging crypto assets in the coming months.

On Tuesday evening, Hyper Foundation asked validators on Discord to vote on recognizing HYPE in Hyperliquid’s Assistance Fund as burned, effectively removing nearly $1 billion from circulating and total supply. The stake‑weighted vote remains open until Dec. 21 at 04:00 UTC, and the fund currently holds about 37 million HYPE, over 13% of a 270 million supply, according to The Block.

Deutsche Bank has begun covering Coinbase shares with a Buy rating and a $340 price target, implying about 40% upside from recent levels. The bank expects derivatives, stablecoins and subscription services to take a larger share of Coinbase's revenue mix as the exchange moves toward an "everything exchange" model beyond spot crypto trading. Analysts project that new products such as prediction markets and tokenized equities could start contributing meaningfully from 2026 and support more than 20% adjusted EBITDA growth next year.

According to the article, the U.S. Senate voted 67–30 on Wednesday to confirm Jared Isaacman as NASA administrator after a prolonged nomination process. Isaacman faced scrutiny over ties to Musk and returned for a Dec. 3 hearing, while separate investor inflows of more than $470 million since Dec. 8 lifted the XOVR ETF seeking SpaceX exposure.

Coinbase has integrated Solana aggregator Jupiter into its onchain trading stack, enabling users to swap a wide range of Solana tokens while Jupiter routes trades across DeFi venues. Jupiter's aggregator currently generates about $4 million in monthly revenue, and both platforms handle tens of billions of dollars in monthly spot volume. In parallel, crypto M&A volume climbed to around $10.7 billion in November 2025, while fundraising in July 2025 reached approximately $6.52 billion.

Analysts say Bitcoin's recent weakness could extend into the $65,000–$75,000 area, but they view a potential move to $70,000 as part of a broader macro reset rather than the start of a new bear market. Traders are tracking a possible three-day bullish divergence and past recoveries after oversold RSI readings, while long-term models still outline a potential price path toward $300,000 by 2029. In this view, deeper pullbacks are interpreted as building the base for the next structural uptrend.

Bitcoin traded near $89,000 after its 14-day relative strength index dropped below 30 in mid-November, a level many traders treat as a capitulation signal. An event-study chart shared by Julien Bittel compares this oversold break with the previous five such instances and sketches an average path toward roughly $180,000 about 90 days later, implying about a 105% gain if repeated. Analysts now focus on key levels such as $106,400, ETF flow trends, and liquidity conditions to gauge whether the current rebound can evolve from a range-bound bounce into a sustained advance.