Bitcoin Smashes $90,000 Barrier: SocialFi & Major Altcoins Surge in Broad Crypto Rally - Live Updates Dec 29, 2025
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Bitcoin just bulldozed past the $90,000 psychological barrier, igniting a market-wide frenzy that's lifting everything from SocialFi tokens to major altcoins.
The Domino Effect
That landmark price move didn't happen in a vacuum. It triggered a classic risk-on cascade across the digital asset board. Capital is rotating out of safety plays and flooding into higher-beta narratives, with decentralized social platforms and established altcoin giants catching the biggest bids. The momentum suggests traders are betting this isn't a dead-cat bounce but the start of a genuine leg up.
Beyond the Big One
While Bitcoin grabs headlines, the real story is brewing in the altcoin markets. SocialFi projects—those blending social media with decentralized finance mechanics—are seeing explosive volume. Meanwhile, the usual suspects in the top ten by market cap are posting double-digit gains, often outpacing BTC's percentage move. It's the kind of broad-based strength that makes portfolio managers sweat—and occasionally, actually deliver alpha for their fees.
The Sentiment Shift
Fear of missing out is now the dominant market driver. The prolonged consolidation below key resistance levels created pent-up energy, and the break above $90,000 acted as a release valve. Social sentiment indicators are flashing extreme greed, and derivatives markets show surging open interest. This rally is being fueled as much by psychology as by fundamentals.
The move past $90,000 isn't just a number—it's a signal. It confirms the bullish structure for the flagship asset and opens the floodgates for speculative capital to chase returns elsewhere. Whether this marks a sustainable new paradigm or just another expensive lesson in volatility remains to be seen. After all, on Wall Street, they call it 'smart money' right up until the moment it becomes 'stupid money.'