The price of #Bitcoin rose more than 7% in a week and hovered around the US$97,000 mark. Recent reports suggest that BTC whales are buying, while retail investors are pulling out. The asset's trading volume remained near flat at US$60 billion, indicating subdued trading following the recent sharp rally.
Corporate digital asset treasuries added 260,000 net Bitcoins to their balances in the past six months, far exceeding the estimated 82,000 coins mined during the same period.
In the past six months, treasuries of #Bitcoin in the hands of public and private companies have increased from approximately 854,000 BTC to 1.11 million BTC. This represents an expansion of around 260,000 BTC, with an approximate value of US$25 billion, or 43,000 BTC per month.
BNB Chain's Fermi hard fork activates on Wednesday, reducing BSC block times from 0.75 seconds to 0.45 seconds and strengthening fast finality rules. The hard fork completes the final phase of BNB Chain's "short block interval" roadmap and is presented as a performance and reliability update, rather than a cosmetic adjustment.
The global investment asset management firm with over US$181 billion in assets under management, VanEck, calculated figures to estimate the true price of gold, that is, its price if it were adopted as the global reserve standard, replacing the dollar.
The company completed this exercise as the trend of gold purchases by central banks has solidified. Using the monetary base benchmark, gold would need to trade at US$39,210 per ounce. Additionally, if gold were to become broad money, it would have to trade at US$184,211 per ounce.
The whales of #Bitcoin began to repeat a classic bullish signal after unwinding long positions of BTC following a year of general market downturn. The on-chain analysis platform CryptoQuant shows that, in general, the holdings of the whales have decreased by more than 200,000 BTC.
History shows that whales who close long positions after a local peak often precede a price increase of BTC.
The drop from #Bitcoin to USD 91,000 might be finding technical gravity, as an unfilled gap in the CME remains just below current prices. The gap or GAP was created over the weekend, after CME bitcoin futures closed on Friday around USD 90,600 and reopened on Sunday night around USD 91,600.
A CME gap refers to a price range without trading activity that forms when BTC moves while the CME futures markets are closed from Friday to Sunday.
Institutions with #Bitcoin bought more BTC than miners added to the supply in the first week of 2026, which is a classic bullish signal for BTC price. Sustained net buying has led to an average BTC price increase of nearly 110% since 2020. Since 2020, the average increase has been 109%, and the previous change caused a 41% rise.
A new gap in the CME futures and the liquidations of long positions provide reasons for a price drop of #Bitcoin . The price tends to rise or fall to fill the newly formed gaps within days or even hours after the reopening of the futures.
Amid the new January highs, the trading platform TheKingfisher warned that prices could drop to eliminate late long positions of BTC around US$88,000.
According to CryptoQuant, the #Bitcoin is likely to continue moving within a range as the market enters 2026, without a clear structural signal pointing to a sustained bullish or bearish trend.
The assessment comes from a new research note that analyzes macroeconomic conditions, activity in derivatives, and key on-chain indicators. According to the analysis, BTC continues to trade within a high volatility range.
Although long-term adoption themes remain intact, the short-term price direction lacks confirmation. Analysts described the current scenario as conditionally neutral to slightly bearish.
An analysis of the annual graph of #Bitcoin indicated that, although a new test of US$93,500 could still occur at the end of the year, a red candle in 2025 would jeopardize the four-year cycle theory. BTC has decreased by 6% so far this year, which could mean a bearish record after the halving.
This led some analysts to argue that the concept of BTC's price moving in four-year cycles no longer fit reality.
The expiration of options of #Bitcoin on December 26 marks an unprecedented milestone in the derivatives markets. This Boxing Day event not only closes the month but also the quarter and the year, amplifying its potential impact.
BTC concentrates over US$23 billion in expiring options. Call options clearly dominate the market, surpassing puts in a ratio close to 3:1, reflecting a bullish inclination in the prior positioning.
According to the CEO and co-founder of DMND Pool, Alejandro de la Torre, they remain relevant, although with a more mature focus. For institutional miners, the halving of #Bitcoin acts as a supply shock that imposes natural selection, forcing the upgrade of fleets and optimizing costs.
This pattern, according to De la Torre, is divided into three phases: a post-halving purge, where operators with high costs and obsolete equipment exit the market; a consolidation phase, with more efficient networks in terms of joules per terahash; and an expansion phase, where the survivors reinvest.
The Federal Reserve of the US approved a 25 basis point interest rate cut yesterday, the third this year and in line with market expectations. Given the restrictive label associated with this week's rate cut, it is possible that the price of #Bitcoin may sell off with the news and remain within a range until a new momentum driver emerges.
According to Glassnode, Bitcoin remains trapped in a structurally fragile range below IS$100,000, with price action limited between the short-term cost basis at US$102,700 and the True Market Mean at US$81,300.
According to the Korbit Research Center in Korea, the #Bitcoin could reach between US$140,000 and US$170,000 by 2026. This projection challenges the traditional halving cycle model and bets on an explosive combination of U.S. fiscal policy and massive institutional adoption.
The center anticipates a consolidation of Bitcoin between US$100,000 and US$120,000 until the end of 2025, followed by a second significant peak in 2026 if liquidity returns to the markets. High rates and the current restrictive monetary policy slow down the rally but create the conditions for a more powerful and lasting explosion in 2026.
The fall of #Bitcoin shook the market again after dropping below US$90,000, a psychological level that triggered a wave of liquidations. The movement occurred minutes after the PCE inflation data generated an initial spike, creating the illusion of a bullish continuation before violently and unexpectedly reversing.
For analyst Ash Crypto, this was a colossal manipulation, where in just 30 minutes, nearly US$100 million in long positions were liquidated. As is often the case in these situations, forced liquidations generated additional spot sales, amplifying the fall of Bitcoin and increasing the bearish pressure.
Two old Bitcoin whales with 1,000 BTC each have been reactivated for the first time in over a decade. The transactions were valued at over US$89 million. Throughout 2025, several wallets from the so-called Satoshi era have awakened after long periods of inactivity. For example, an unknown whale moved a total of 50 BTC this week that had not been touched in over fifteen years.
The company Strategy's wallet recorded 9 outgoing transactions yesterday worth over US$1.000 billion. Speculation of a possible liquidation caused a pullback in the price of Bitcoin. Arkham's data showed that the largest treasury of #Bitcoin transferred 11.642 BTC from its holdings to a Fidelity custody wallet.
Strategy has moved more than 177.351 BTC worth US$16.500 billion from its wallet in 48 hours.
The #Bitcoin rose to US$93,000 after a leverage sweep on Sunday when the price plummeted to US$83,000. Some analysts now predict that favorable macroeconomic winds could push the cryptocurrency above US$100,000 in the coming months. It is worth noting that at this moment the price is in the same range as on 01/01/2025.