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Bitcoin Holds $87k as Asian Rally Pauses Amid Tech Weakness

Bitcoin Holds $87k as Asian Rally Pauses Amid Tech Weakness

Author:

Global Cryptocurrency

Published:

2025-12-30 03:14:02

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BTCCSquare news:

Bitcoin stabilized near $87,000 during Tuesday's Asian session as regional equities paused their seven-day advance. The crypto benchmark dipped 1.9% while maintaining key support levels, mirroring a 0.3% retreat in the S&P 500 and 0.5% Nasdaq 100 decline led by tech heavyweights.

Market depth concerns persist across crypto assets, with Ether (-2.3%) and XRP (-2.2%) following Bitcoin's sideways drift. Total crypto capitalization slipped 2.1% to $3.03 trillion as year-end liquidity thinned.

Precious metals mirrored the volatility, with silver and Gold retreating from record highs as traders locked in profits. Analysts note weakening chain activity across major networks, suggesting seasonal consolidation rather than structural shifts.

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