Bitcoinis trading around $87,000 on Tuesday morning, with jitters in the stock market on Monday sending cryptocurrencies into a tailspin.
Notable Developments:
- Crypto Can No Longer Be Ignored Or Dismissed, 5%–10% Portfolio Allocation Is Warranted, Hashdex Says
- Bitcoin, Other Cryptocurrencies To Face UK Regulatory Framework By 2027: Report
- Cathie Wood’s 2026 Playbook: BTC Leads Crypto Portfolio, Trimming TSLA To ‘Rebalance’
- Bitcoin Was Supposed To Pump To $150,000 In Q4—Why Didn’t It Happen?
- JPMorgan To Rival BlackRock, Goldman Sachs With $100M Tokenized Money Market Fund
- Visa To Advise Banks On Stablecoin Strategy, Implementation
Trader Notes: Crypto chart analyst Ali Martinez said Bitcoin is at a critical inflection point. Holding above $87,000 keeps the broader structure intact, while a breakdown raises the risk of a deeper move toward the $70,000 region.
Ted Pillows noted that open interest is rising as both longs and shorts enter the market, but buyer momentum is weakening.
The Coinbase premium has flipped negative, signaling fading spot demand and increasing the odds of a pullback toward the $84,000–$85,000 support area.
Daan Crypto Trades pointed out that global liquidity is rising again, yet Bitcoin has not responded. He attributed the divergence to four-year cycle selling pressure and year-end tax-loss harvesting.
Historically, Bitcoin eventually tracks global liquidity, suggesting the underperformance could be temporary. Until then, choppy price action is likely to persist into year-end, with Q1 shaping up as a key test for whether BTC can break the traditional cycle.
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