On December 25, 2025, the cryptocurrency market is experiencing a quiet Christmas, with Bitcoin $BTC trading steadily around $87,400–$87,700, reclaiming some ground after dipping below $88,000 earlier in the week. The global crypto market cap stands at approximately $2.96–$3.04 trillion, showing mild sideways movement amid low holiday trading volume.
A notable highlight is Japan's Metaplanet, often called "Asia's MicroStrategy," gaining shareholder approval for an ambitious plan to accumulate 210,000 $BTC by 2027—representing 1% of Bitcoin's total supply. This bold corporate treasury strategy underscores growing institutional confidence in Bitcoin as a long-term asset.
However, U.S. spot Bitcoin and Ethereum ETFs saw outflows ahead of the holidays, totaling around $200–$232 million on December 24, led by BlackRock's IBIT and Grayscale funds. This reflects traders de-risking during thin liquidity. Despite this, long-term holders appear resilient, with analysts noting potential for a post-holiday rebound.
Other developments include muted price action across major altcoins, with Ethereum near $3,000 and sector rotation favoring select areas like DeFi. As the year ends, the market remains in consolidation, setting the stage for potential volatility in 2026.
Overall, while no major "Santa Rally" has materialized yet, Bitcoin's stability above $87,000 offers a mellow Christmas cheer for holders.

