#اخبار_الكريبتو_العاجلة #عملات_رقمية #اقتصاد_الذكاء_الاصطناعي
The price of Bitcoin stabilized around 88 thousand dollars as Asian markets opened with low liquidity during the holiday season.
The performance of alternative currencies varied, while the total market capitalization of cryptocurrencies surpassed 3 trillion dollars.
Derivative data indicates caution among traders at the end of the year.
Bitcoin maintained a steady price at $88,000 USD at the beginning of Asian trading, as cryptocurrencies remained stable despite lower liquidity at year-end. Market performance appeared stable, as cryptocurrencies did not show significant strength despite a good start for Asian stock markets.
Bitcoin began trading with a slight increase of about 0.6%, continuing its stability within the price range it settled in after last week's events. Ethereum performed relatively better, recording an increase of about 1.5%, while Ripple saw a slight decline. Caution also prevailed in market participation.
Derivatives markets have provided better signals compared to spot markets. Open futures positions and options positions indicate a lack of risk mitigation as the year-end approaches. Funding rates on major exchanges were close to neutral levels.
This indicates a lower level of leverage. Bitcoin ETF news has also made headlines. Despite a decrease in net cash inflows in recent sessions compared to the first weeks of the quarter, cumulative holdings remain close to record levels, helping Bitcoin to stay above the $85,000-$88,000 level.
traditional market
In traditional markets, the price of gold has reached a new record level, recording approximately $4,383 per ounce, due to expectations of interest rate cuts, safe-haven considerations, as well as the weakness of the US dollar. Silver prices also reached new record levels, continuing their positive momentum.
In the past, sharp fluctuations in gold reserves were usually associated with a period of stable gold prices in the Bitcoin market. Meanwhile, macroeconomic indicators are mixed. Asian markets rose by 0.5%, as futures contracts for US stocks supported the recovery we witnessed last week.
Cleveland Federal Reserve President, Loretta Mester, believes that interest rates could remain unchanged for several more months, thereby surpassing market expectations of two more cuts in 2026. In Asia, China has kept its benchmark interest rates on loans unchanged for the seventh consecutive month, supporting the idea of targeted measures rather than a comprehensive stimulus package.
As the end of the year approaches, the cryptocurrency market continues to be affected by trading within a defined range, derivatives, and selective risks, as traders closely monitor Bitcoin's ability to stay above the $88,000 level.$BTC
