Bitcoin is trading in the mid-$87,000 range after another failed push through the $90,000 resistance area, with key support holding near $86,500. Analysts highlight thin holiday liquidity, softer on-chain activity, and a possible macro-driven rotation toward risk assets as factors that could shape the next attempt to reclaim $90,000.

A forged press release alleging Circle launched a tokenized gold-and-silver platform spread across crypto channels on Christmas Eve. On 25 December 2025, Circle said the announcement was fake and urged users not to connect wallets to any related sites, highlighting common drain-wallet tactics.

On 24 December 2025, analysts highlighted that Bitcoin’s subdued year-end price action, compressed volatility, and lack of a blow-off top resemble prior accumulation phases rather than cycle peaks. Macro data tied to the Financial Stress Index and declining exchange reserves indicate ongoing risk is not yet elevated while more BTC moves into long-term storage, suggesting the market may be quietly building a base instead of approaching a major crash. Some forecasts still allow for downside in 2026, but others see potential for a major advance, with targets up to $200,000.

On 23 December 2025, analysts highlighted that Bitcoin’s hashrate has seen its steepest monthly pullback since early 2024, signaling rising stress across the mining sector. Research indicates that previous periods of miner capitulation and falling computing power have often preceded stronger medium-term price recoveries. With about 1.3 gigawatts of capacity estimated to be offline in China and margins squeezed by power costs and competition, the current reset may be clearing out weaker operators rather than signaling structural demand weakness.

Bitcoin is maintaining key technical support around $86,500 while monthly exchange flows have climbed to roughly $10.9 billion, the strongest reading since May 2021. Analysts note that this combination of defended support and elevated on-chain activity may signal a turning point, with growing discussion around a potential move toward the $100,000 area as BTC attempts to clear resistance near $90,000.

Loopring's LRC trades near $0.056 after a brief push met selling around $0.057, keeping the structure bearish. Momentum remains weak, and traders are watching $0.052 and $0.050 on the downside while a move back above $0.062 would challenge the prevailing pressure.

Bitcoin hovered near $88,000 on Wednesday after a turbulent stretch, as roughly $628 million in 24-hour liquidations swept the crypto market, according to derivatives heatmap data. Shorts lost more than $230 million, with nearly $200 million cleared in ETH and about $180 million in BTC, while rotation into gold and long‑term holder selling kept sentiment cautious.

On 18 December 2025, recent Solana ecosystem data indicated that developers have redirected their efforts toward core infrastructure rather than experimental front-end applications. Activity is clustering around oracles, cross-chain connections, validator tooling, and staking-related protocols, suggesting a maturing phase focused on scalability and reliability. Projects such as Chainlink, Wormhole, Jito, Drift, Meteora, and Pyth are seeing sustained work as builders prioritize data accuracy, interoperability, and capital efficiency.

Published on 17 December 2025 at 08:48, Bloomberg Intelligence strategist Mike McGlone cautioned that Bitcoin may be facing a demand shortfall as higher prices depend on replacement buyers. He noted crypto capital is more dispersed, weakening BTC’s momentum, and in a 16 December 2025 tweet referenced a potential path toward $10,000 as a supply–demand repricing.