Bitcoin finds its legs: Crypto Daybook Americas
Yahoo Finance·2025-12-22 12:15

Market Overview - Bitcoin (BTC) is currently trading at $89,800, up more than 1%, nearing the upper range of $85,000 to $90,000, with resistance between $92,000 and $95,000 [1][2] - The U.S. economic calendar includes key reports on GDP and consumer confidence, which may affect investor sentiment, while year-end holidays could lead to reduced market liquidity [2] - Despite recent price increases, some analysts express caution, noting that Bitcoin is still 30% below its peak and trading lower than at the beginning of 2025 [3][4] Altcoin Performance - Tokens such as HYPE, KAS, SKY, and NIGHT have seen gains of 4% to 6% in the last 24 hours, while major altcoins like XRP, ETH, and SOL are experiencing mixed trading [4] - Uniswap's UNI token has decreased over 1% as voting begins on a proposal to activate the protocol fee switch, with strong support for the proposal [5] Economic Indicators - The dollar index has slightly decreased to 98.48, reversing gains from the previous Friday, while gold has reached a record high of $4,420 amid rising bond yields in Japan [5]