Bitcoin hovered near $88,000 on Wednesday as traders made another late push to tidy up year-end performance in a market that has struggled to find conviction after October’s leverage shock. That wobble traces back to Oct. 10, when a cascade of forced liquidations cleared more than $19B of leveraged crypto positions in roughly a day, leaving spot markets cautious and derivatives traders quicker to de-risk. Since then, attention has shifted to the marginal buyer, and the flow picture has turned less suppo ...

Cryptocurrency Market Overview - Leading cryptocurrencies experienced gains on Tuesday, with Bitcoin rising by 1.78% to $88,600.81 and Ethereum increasing by 1.88% to $2,978.98 [1][2] - Despite the recent gains, Bitcoin and Ethereum are on track for their worst fourth quarter performances since 2018, with Bitcoin down 22.37% and Ethereum down 28% [3] - The global cryptocurrency market capitalization increased by 1.26% to $2.99 trillion [7] Trading Activity - Bitcoin's trading volume decreased by 24% in the last 24 hours, while Ethereum's trading volume fell by 27% [3] - Nearly $180 million was liquidated from the cryptocurrency market in the last 24 hours, with both long and short positions being affected [5] - Bitcoin's open interest dropped by 2.28% in the last 24 hours, indicating potential short covering by bearish traders [6] Stock Market Performance - Cryptocurrency-linked stocks Bitmine Immersion Technologies Inc. and Coinbase Global Inc. saw declines of 2.87% and 0.93%, respectively [4] - The stock market overall experienced losses, with the Dow Jones Industrial Average down 0.20%, the S&P 500 down 1.36%, and the Nasdaq Composite down 0.24% [8] Federal Reserve Insights - The Federal Reserve's December meeting minutes revealed divisions among officials regarding interest rate cuts, with some advocating for a 50 basis point cut, while a 25 basis point reduction was ultimately decided [8][9] - Traders are currently pricing in an 85% chance that the federal funds rate will remain unchanged at the January meeting [9] Market Predictions - Analysts are speculating on Bitcoin's potential breakout above the 21-day simple moving average around $89,000, which has historically been a significant trigger for rallies [10] - Another analyst predicts a possible dip in Bitcoin prices following the Consumer Price Index release on January 13, which could lead to a selloff followed by a bullish rally [11]

Bitcoin (BTC) drifted below $90,000 on Sunday during quiet trading, with investors showing limited appetite for risk ahead of a busy week of economic data and central bank events. The largest cryptocurrency was trading around $89,600 as of 12:40 p.m. UTC, down approximately 0.9% in the preceding 24 hours, marginally higher on the week, and still down roughly 7.6% over the past month. Ether (ETH) changed hands near $3,104, down on the day but up more than 2% over the past seven days, outperforming bitcoin ...

Key Points XRP has had a volatile year, and a rough second half. Big catalysts like new exchange-traded funds haven't done much for the price. But, over time, work to upgrade network's capabilities likely will. 10 stocks we like better than XRP › Markets have a way of humbling people right after they start to feel clever. In mid-July, XRP (CRYPTO: XRP) was hitting seven-year highs of more than $3.60, and now, after months of decline, it's down to about $2.15. Regardless of how much pain the past ...

Group 1: YieldMax ETFs - YieldMax AI Option Income Strategy ETF (NYSE:AIYY) surged to $19.23, an increase of $17.33 or 912.37%, driven by its income-generating strategy and exposure to C3 ai, Inc. stock [1][7] - YieldMax Short TSLA Option Income Strategy ETF (NYSE:CRSH) rose to $28.17, up by $25.39 or 913.31%, attributed to investor interest in income strategies and speculative movements regarding Tesla's stock performance [2][7] - YieldMax Short COIN Option Income Strategy ETF (NYSE:FIAT) experienced a price increase to $25.91, with a change of $23.25 or 874.06%, reflecting growing interest in cryptocurrency-related financial products [3] Group 2: Polyrizon Ltd. - Polyrizon Ltd. (Nasdaq:PLRZ) saw its price increase to $7.52, up by $4.36 or 137.98%, driven by its development of nasal sprays as barriers against viruses and allergens [4][7] - The successful completion of a significant manufacturing upscaling milestone for Polyrizon's nasal spray platform is crucial for advancing clinical and regulatory activities [4] Group 3: Eventbrite, Inc. - Eventbrite, Inc. (NYSE:EB) experienced a price rise to $4.43, marking an increase of $1.95 or 78.83%, benefiting from the resurgence of live events post-pandemic [5] - An investigation into possible breaches of fiduciary duty related to Eventbrite's recent transaction could impact investor sentiment [5] Group 4: Market Trends - Significant price movements in these companies are attributed to innovative income-generating strategies, investor interest in specific sectors, and broader market trends [6] - The developments highlight diverse opportunities and risks present in the current financial market landscape [6]

Group 1 - Bitcoin's price fell more than 5% in early trading on Monday, dropping below $86,000 before recovering to $86,756, marking a 5.05% decrease in the past 24 hours [1] - Ether, the second most valuable cryptocurrency, decreased by 5.56% to $2,840, while other major tokens like XRP, Binance's BNB, and Solana's Sol fell by 5.6%, 6.6%, and 6.1% respectively [2] - The global cryptocurrency market cap fell below $3 trillion again, down from a peak of nearly $4.3 trillion in October [2] Group 2 - The recent slump in the cryptocurrency market is a reversal of the recovery seen the previous week, with traders anticipating Bitcoin's price could drop as low as $80,000 [3] - The selloff was exacerbated by a hack on the crypto investment platform Yearn Finance, which reported that hackers drained $9 million in yETH tokens [4] - Yearn Finance has initiated a "war room" with its audit partners and is conducting a full postmortem investigation following the hack [4]

Market Overview - Bitcoin traded around $90,600 to $91,400, with a recent peak of approximately $91,800, indicating a tight trading range [1] - Global equity markets are on track for their best week since June, driven by expectations of Federal Reserve interest rate cuts [2][5] - Asian equities showed mixed performance, with South Korea and Japan indexes declining while Australia saw slight gains [4] Federal Reserve Expectations - Futures markets indicate an 80% to 85% chance of a quarter-point interest rate cut next month, with expectations for three reductions by the end of 2026 [5] - Recent jobs data and comments from Fed officials have strengthened the case for a potential rate cut in December [7][8] Cryptocurrency Market - US spot Bitcoin ETFs are experiencing slower inflows compared to earlier in the year, but still maintain a positive trend [9] - Current cryptocurrency market cap stands at $3.18 trillion, with Bitcoin at $90,868, Ether at $3,001, and XRP at $2.17, reflecting slight declines [10] China Market Focus - JPMorgan has upgraded its view on the Chinese market to overweight, citing potential upside despite ongoing pressures in the property sector [4]

Core Insights - Leading cryptocurrencies did not benefit from a recent market spike, despite positive performance in stock futures following Nvidia's strong Q3 results [1] Cryptocurrency Market Performance - Bitcoin decreased by 0.17%, priced at $92,245.67, while Ethereum fell by 2.39% to $3,031.47 [2] - XRP and Dogecoin also saw declines of 3.61% and 3.36%, respectively [2] - Bitcoin experienced a bounce from a low of $88,500 to an intraday high of the $92,000s, although trading volume dropped by 20% in the last 24 hours [3] - Ethereum's price fell to an intraday low of $2,871.23, indicating a loss of momentum [3] - Cryptocurrency liquidations surpassed $650 million in the last 24 hours, with over $480 million in bullish positions liquidated [4] - Bitcoin's open interest rose by 2.74%, with over 75% of Binance traders holding long positions [5] Stock Market Reaction - Stock futures rose significantly, with the Dow Jones Industrial Average Futures increasing by 233 points (0.51%) and Nasdaq 100 Futures gaining 1.72% following Nvidia's earnings report [7] - Nvidia reported its 12th consecutive quarter of beating earnings and revenue expectations [7] Whale Activity in Bitcoin - A notable increase in Bitcoin whale transactions was observed, with over 29,000 transactions exceeding $1 million recorded this week [10] - The trend indicates a shift from selling to accumulating among Bitcoin whales [10] Analyst Insights - A cryptocurrency analyst suggested that Bitcoin needs to reach $94,000 to stabilize its weekly performance and hold above $95,000 for monthly recovery [11]

Market Overview - Bitcoin is experiencing a weaker market structure with diminished demand and defensive positioning, leading to a slip in prices [1] - The core demand wave for Bitcoin has passed, with ETF accumulation slowing and Treasury-company buying evaporating, indicating limited upside potential [2] - Polymarket traders are predicting a move towards $85,000 for Bitcoin, with minimal expectations for upward movement [3] Investor Sentiment - Short-term holders are realizing losses at the fastest rate since the FTX period, with negative ETF flows and a risk-off sentiment in derivatives markets [3] - The Active Investor cost basis is near $88,600, which is a critical test for the market; a sustained move below this level could indicate bearish momentum [4] Support Levels - The next support level for Bitcoin is around $82,000, which could signal a transition to a bear market structure similar to 2022 and 2023 if breached [4] - The coming weeks will determine if buyers can regain control or if the downturn will become more entrenched [5] Current Market Prices - Bitcoin is trading around $92,000 after briefly dipping below $90,000, while Ether is at approximately $3,038, reflecting a defensive tone in the market [6] - Gold is trading near $4,067, indicating risk aversion across markets [6] Regional Market Movements - The Nikkei 225 rose by 3.7% due to strong earnings from Nvidia, boosting chip stocks in the Asia-Pacific markets [7]

Group 1 - The US spot Bitcoin ETFs experienced a significant weekly outflow of $1.11 billion from November 10 to 14, marking the third consecutive week of outflows [1] - BlackRock's ETF IBIT recorded the largest net outflow of $532.41 million last week, while its cumulative net inflow reached $63.79 billion [1] - Grayscale Bitcoin Mini Trust logged a net weekly outflow of nearly $290 million, with its total historical net inflow also at $63.79 billion [2] Group 2 - The total net asset value of spot Bitcoin ETFs is $125.34 billion, representing a net asset ratio of 6.67% of the Bitcoin market cap [2] - Simon Gerovich, CEO of Metaplanet, stated that Bitcoin ETFs provide fixed exposure to Bitcoin and do not undermine the strengths of Bitcoin treasury companies [3] - Przemysław Kral, CEO of zondacrypto, highlighted the impact of weekend liquidity on market movements and noted that long-term investors have opportunities to accumulate tokens at lower rates [4] Group 3 - The massive outflows from Bitcoin ETFs have coincided with a decline in Bitcoin prices, with Bitcoin hitting a six-month low at $95,200 [4] - The cryptocurrency market experienced widespread liquidations totaling $617.45 million within 24 hours, with Bitcoin accounting for $243.56 million of that total [5] - The total cryptocurrency market capitalization fell to $3.31 trillion, down 0.9% from previous levels [5]