Markets Share Share this article Copy linkX (Twitter)LinkedInFacebookEmail Bitcoin battles $89,000 price ceiling as bul Markets Share Share this article Copy linkX (Twitter)LinkedInFacebookEmail Bitcoin battles $89,000 price ceiling as bul

Bitcoin battles $89,000 price ceiling as bulls try to break U.S. sell pattern

2025/12/20 00:52
5 min read
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail

Bitcoin battles $89,000 price ceiling as bulls try to break U.S. sell pattern

Bitcoin bulls are putting up a fight on Friday to break this week's choppy action that has capped all advances at around $90,000.

By Krisztian Sandor, James Van Straten|Edited by Stephen Alpher
Updated Dec 19, 2025, 5:44 p.m. Published Dec 19, 2025, 4:52 p.m.
Bitcoin (BTC) price on Dec. 19 (CoinDesk)

What to know:

  • Bitcoin bounced above $89,000 overnight, but bulls are once again struggling to maintain gains in the U.S. session.
  • ETH, SOL, SUI lead the altcoin rebound, up over 5% from Thursday's lows.
  • U.S. equities are showing strength, also helping to boost crypto-related stocks like BitMine and Galaxy.

Bitcoin BTC$87,121.42 bulls are fighting to break on Friday what's been a consistent pattern of sell pressure during U.S. hours.

Dipping below $85,000 late on Thursday afternoon, BTC once again climbed after U.S. markets closed, pushing back above $89,000 they opened Friday morning. That level, though, has roughly capped every attempt of a breakout throughout the week, with sellers hammering prices back to square one — sometimes within minutes and sometimes over the course of a few hours.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Sign me up

The largest crypto for the moment is holding fairly steady ahead of the pre-holiday weekend, trading at $88,400, up 0.3% over the past 24 hours.

Ether ETH$2,962.12 bounced to just shy of $3,000, up 1% over the past day, while Solana's SOL SOL$124.63 and SUI$1.4440 lead the overnight rebound among altcoins.

CoinDesk 20 performance from Thursday's U.S. equity market close. (CoinDesk)

U.S. equities are having another strong session, led by the Nasdaq's 1% gain, with AI bellwethers Nvidia, Oracle and AMD rising 3%-6%.

Read more: Oracle TikTok deal lifts AI mining stocks

Digital asset-related stocks followed suit in the rebound. Ethereum treasury firm BitMine (BMNR) advanced almost 8%, while Galaxy Digital (GLXY) and stablecoin issuer Circle (CRCL) were each up around 3%.

Strategy (MSTR), the largest corporate BTC holder, also bounced more than 3%, pushing its multiple to net asset value (mNAV) to 1.09.

Meanwhile, BitDigital (BTBT) is up 10% following news related to WhiteFibre (WYFI), has signed a 10-year, 40MW colocation agreement with Nscale, valued at approximately $865 million. BitDigial owns roughly 70% of WhiteFibre (itself ahead 11%), amplifying the positive impact on BTBT shares.

Bitcoin NewsMarket Wrapmarket analysis

More For You

Protocol Research: GoPlus Security

Commissioned byGoPlus

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
View Full Report

More For You

Bitcoin gets 'base case' price target of $143,000 at Citigroup

The Wall Street bank said its bitcoin forecast relies on further crypto ETF inflows and a continued rally in traditional equity markets.

What to know:

  • Citigroup's base case for bitcoin (BTC) is a rise to $143,000 in 12 months.
  • Analysts highlight $70,000 as key support, with the potential for a sharp rise due to revived ETF demand and positive market forecasts.
  • The bear case sees bitcoin falling to $78,500 amid a global recession, while the bull case predicts a rise to $189,000 due to increased investor demand.
Read full story
Latest Crypto News

Bitcoin gets 'base case' price target of $143,000 at Citigroup

Foundation behind restaking protocol EigenLayer plans bigger rewards for active users

Polkadot's DOT holds steady with token unchanged over 24 hours

Federal Reserve moves toward narrower, crypto-driven take on master accounts

Citi is still a believer in crypto stocks despite bitcoin being rocked to end the year

Most Influential 2025's Honorable Mentions

Top Stories

Federal Reserve moves toward narrower, crypto-driven take on master accounts

Bitcoin gets 'base case' price target of $143,000 at Citigroup

Citi is still a believer in crypto stocks despite bitcoin being rocked to end the year

DraftKings enters prediction markets with CFTC-approved app for real-world events

Wall Street bank JPMorgan says stablecoin market could grow to $600 billion by 2028

Jump Trading sued for $4 billion in connection to Do Kwon’s Terra Labs collapse: WSJ

Market Opportunity
BULLS Logo
BULLS Price(BULLS)
$308.72
$308.72$308.72
-0.27%
USD
BULLS (BULLS) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge!

IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge!

The post IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge! appeared on BitcoinEthereumNews.com. Crypto News 17 September 2025 | 18:00 Discover why BlockDAG’s upcoming Awakening Testnet launch makes it the best crypto to buy today as Story (IP) price jumps to $11.75 and Hyperliquid hits new highs. Recent crypto market numbers show strength but also some limits. The Story (IP) price jump has been sharp, fueled by big buybacks and speculation, yet critics point out that revenue still lags far behind its valuation. The Hyperliquid (HYPE) price looks solid around the mid-$50s after a new all-time high, but questions remain about sustainability once the hype around USDH proposals cools down. So the obvious question is: why chase coins that are either stretched thin or at risk of retracing when you could back a network that’s already proving itself on the ground? That’s where BlockDAG comes in. While other chains are stuck dealing with validator congestion or outages, BlockDAG’s upcoming Awakening Testnet will be stress-testing its EVM-compatible smart chain with real miners before listing. For anyone looking for the best crypto coin to buy, the choice between waiting on fixes or joining live progress feels like an easy one. BlockDAG: Smart Chain Running Before Launch Ethereum continues to wrestle with gas congestion, and Solana is still known for network freezes, yet BlockDAG is already showing a different picture. Its upcoming Awakening Testnet, set to launch on September 25, isn’t just a demo; it’s a live rollout where the chain’s base protocols are being stress-tested with miners connected globally. EVM compatibility is active, account abstraction is built in, and tools like updated vesting contracts and Stratum integration are already functional. Instead of waiting for fixes like other networks, BlockDAG is proving its infrastructure in real time. What makes this even more important is that the technology is operational before the coin even hits exchanges. That…
Share
BitcoinEthereumNews2025/09/18 00:32
Ondo Finance launches USDY yieldcoin on Stellar network

Ondo Finance launches USDY yieldcoin on Stellar network

The post Ondo Finance launches USDY yieldcoin on Stellar network appeared on BitcoinEthereumNews.com. Key Takeaways Ondo Finance has launched its USDY yieldcoin on the Stellar blockchain network. USDY is Ondo’s flagship yieldcoin focused on real-world asset expansion. Ondo Finance launched its USDY yieldcoin on the Stellar blockchain network today. USDY is described as Ondo’s flagship yieldcoin and represents the company’s expansion of real-world assets onto the Stellar platform. The launch aims to provide yield access across global economies through Stellar’s international network infrastructure. The deployment connects traditional finance with blockchain-based solutions by bringing real-world asset exposure to Stellar’s ecosystem. Ondo Finance positions the move as part of efforts to broaden access to yield-generating opportunities worldwide. Source: https://cryptobriefing.com/ondo-finance-usdy-yieldcoin-stellar-launch/
Share
BitcoinEthereumNews2025/09/18 03:58
Rap Star Drake Uses Stake to Wager $1M in Bitcoin on Patriots Despite Super Bowl LX Odds

Rap Star Drake Uses Stake to Wager $1M in Bitcoin on Patriots Despite Super Bowl LX Odds

Drake has never been shy about betting big, but on the eve of Super Bowl LX, the global music star took it up another notch by placing a $1 million wager on the
Share
Coinstats2026/02/09 04:00