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CC is once again among the top performers as well.
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Summarize with AI
Summarize with AI
Bitcoin’s rather dull price actions continued in the past 24 hours, but the asset still managed to recover around two grand and now sits close to $89,000.
Most larger-cap altcoins are quite sluggish as well, with ETH standing below $3,000 and XRP beneath the $1.90 resistance.
BTC to End 2025 in Red?
The primary cryptocurrency has traded sideways for most of December. Its upper boundary was situated at $94,500 earlier this month, while the latter was around $84,500. Both were tested on a couple of occasions until December 19, but the range has tightened since then.
For the past couple of weeks, bitcoin has been unable to overcome the $90,000 resistance, but the $86,500 support has provided enough strength. The latest failed breakout attempt took place earlier this week when BTC pumped to $90,400 only to be rejected almost immediately and pushed south to $under $87,000.
It has recovered some ground since then, but was stopped once again at $89,400 yesterday. As of now, it trades inches below $89,000 after little to no volatility on a daily scale. If there’s no miracle in the following hours, BTC is poised to end 2025 in the red, which hasn’t happened in a post-halving year.
For now, its market capitalization has risen slightly to $1.770 trillion, while its dominance over the alts stands tall at 57.5% on CG.
BTCUSD Dec 31. Source: TradingViewM, CC Pump
Ethereum continues to fight with the $3,000 resistance, which has stopped its progress on several occasions in the past month. Ripple’s XRP has slipped below $1.90, turning crucial support into resistance. BNB is slightly in the green daily, while DOGE, ADA, ZEC, and XLM are in the red.
In contrast, CC continues with its recently high-flying performance. After another 8.5% daily surge, Canton has risen to $0.146. MemeCore is the top gainer today, having surged by over 11% to $1.58.
The total crypto market cap has added around $20 billion daily, and has increased to $3.080 trillion on CG.
Cryptocurrency Market Overview Daily Dec 31. Source: QuantifyCryptoSECRET PARTNERSHIP BONUS for CryptoPotato readers: Use this link to register and unlock $1,500 in exclusive BingX Exchange rewards (limited time offer).
Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.
Source: https://cryptopotato.com/memecore-m-explodes-by-11-daily-bitcoin-btc-eyes-90k-market-watch/


