On Dec. 24, Bitcoin slipped back below $87,000 as several large-cap tokens rolled over from resistance. Glassnode said the 30‑day SMA of net flows into BTC and ETH ETFs turned negative, while CryptoQuant reported the 30‑day SMA of active addresses fell to 807,000 and Binance deposit/withdraw address activity hit annual lows.

BlackRock-linked wallets moved 2,292 BTC and 9,976 ETH to Coinbase, valued around $428 million. Its Bitcoin ETF recorded a $118.64 million outflow on Monday, and the latest transfer came roughly 24 hours after a prior deposit. During the move, major coins fell, with Bitcoin and Ethereum down 0.49% and 0.56% over the last day.

This week, internet service providers in the Philippines began blocking access to 50 online crypto trading platforms, including major U.S.-based exchanges Coinbase and Gemini, after orders from national regulators. The National Telecommunications Commission acted on a request from the Bangko Sentral ng Pilipinas to restrict unlicensed virtual asset service providers under BSP Circular No. 1206, leaving many local traders facing frozen accounts and disrupted withdrawals.

Alfa-Bank launched a fuel-linked digital financial asset, with purchases open from December 23 to 26 in Moscow and the Moscow Region. The token's nominal value is 6,650 rubles and offers a 20% fixed annual yield, maturing between March 1 and 15 next year with a choice of cash plus interest or a 100-liter fuel voucher.

XRP is changing hands around $1.85 while a rare 3-week Stochastic RSI reading of 0, last seen at the 2022 bear market bottom, appears again and hints at easing selling pressure. Analysts highlight a developing daily bullish divergence and expect XRP to fluctuate between $1.82 and $1.98 as Bitcoin and thin holiday liquidity continue to drive short-term volatility.

On December 24, the People’s Bank of China and seven other departments released opinions to expand digital finance cooperation and RMB use in cross-border payments along the Western Land-Sea New Corridor. The plan centers on testing the digital RMB in trade and payment scenarios with partners such as Singapore, Thailand, Hong Kong, and the UAE, while also building digital platforms for cross-border e-commerce.

Bitcoin finished 2025 as the market’s main liquidity anchor but entered a pronounced post-peak cooldown after briefly trading above $126,000 before sliding into the mid-$80,000s. Several institutional forecasts still see scope for BTC to reach six figures in Q1 2026, with targets between roughly $120,000 and $150,000 as ETF demand and regulatory clarity potentially improve. In parallel, the Bitcoin Hyper Layer 2 project has raised about $29.7 million at a token price of $0.013475 and offers 39% staking APY, attracting traders seeking higher-upside exposure to the broader Bitcoin narrative.

On Wednesday, December 24, BlackRock moved 2,292 Bitcoin worth about $200 million and 9,976 Ethereum valued around $30 million to Coinbase Prime before partially buying back 499 BTC and 1,511 ETH. The asset manager currently holds roughly $77.6 billion in crypto, mostly in Bitcoin and Ethereum, while both coins trade below key resistance levels during a broader market downturn.