Bitcoin misses out on Wall Street cheer to stall near US$87,000 - News Summed Up

Bitcoin misses out on Wall Street cheer to stall near US$87,000


(Dec 24): Bitcoin is missing out on the Christmas cheer. A sharp selloff in October knocked Bitcoin from records, draining momentum and leaving prices stranded. After spending much of early 2025 trading like a risk-on asset alongside equities, it has conspicuously failed to join the year-end rally. Bitcoin has slipped below its 365-day moving average near US$102,000, a level that had acted as key support during the current cycle. Kala said much of that selling pressure now appears to have run its course, leaving Bitcoin “trading in a value region” that he believes could set the stage for stronger performance next year.


Source: The Edge Markets December 24, 2025 14:02 UTC



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