Crypto market recap: Bitcoin stabilizes near $87,000
The crypto market remains under pressure, with total market capitalization slipping 0.32% to roughly $2.93 trillion.
Bitcoin trades near $87,300, showing modest intraday gains but remaining lower on a weekly basis. Despite a slight rebound, Bitcoin is still down more than 3% over the past seven days, reflecting cautious positioning. Trading volumes remain elevated compared with early December, suggesting active repositioning rather than panic selling. The Fear & Greed Index stands at 22, signaling persistent fear across the market. Bitcoin’s relative stability contrasts with recent volatility seen earlier in the month. Market participants appear focused on defending key support zones rather than chasing upside. Confidence remains tentative as macro uncertainty continues to weigh on risk assets.
