Bitcoin investors holding coins for over six months have reversed their supply trend, marking the first increase since April. The 6-month inactive supply recently turned upward after months of decline, according to Capriole Investments founder Charles Edwards. This shift suggests a potential move toward stronger holding behavior across the network.

Bitcoin rose 6% to surpass $91,000 after Vanguard restored spot Bitcoin ETF access to its client base of over 50 million accounts. U.S. markets opened with more than $150 million in BTC bids, marking the strongest intraday surge since May 2025, data show. Bloomberg ETF analyst Eric Balchunas suggested the policy reversal could push Bitcoin toward $100,000 as 2026 approaches.

Bitcoin dropped below $84,000 on December 1, pulling total crypto market capitalization under $3 trillion, according to CoinGecko data. The decline occurred as traditional equities, gold, and other risk assets hit consecutive peaks. Analysts point to structural factors including exhausted crypto-native capital and limited institutional inflows, despite favorable macroeconomic conditions such as anticipated Federal Reserve rate cuts and strong corporate earnings.

Maxim Oreshkin, Deputy Chief of Staff of the Presidential Executive Office, said cryptocurrency mining has become a significant but undervalued export sector for Russia that directly impacts the national currency market. He emphasized that mining-related financial flows should be incorporated into the country's balance of payments to improve ruble exchange rate forecasts. Oreshkin made the remarks at the "Russia Calling!" international investment forum in Moscow this week.

Grayscale Research projects bitcoin will reach new record prices in 2026, rejecting the traditional four-year cycle theory. Vanguard reversed its stance on digital assets, enabling clients to trade ETFs holding BTC, ETH, XRP, and SOL starting Tuesday. Bank of America will permit portfolio allocations of 1% to 4% in crypto assets.

Large Bitcoin holders moved hundreds of millions of dollars in BTC from cold storage to exchanges throughout November and early December. Bitcoin price remains range-bound between $83,000 and $86,000, with the Crypto Fear and Greed Index falling to 9—its lowest level in years. Market participants debate whether whale movements signal distribution or strategic positioning ahead of potential liquidity expansion.

American Bitcoin (ABTC) shares fell 51% within 30 minutes on December 2, triggering multiple trading halts. The mining company, co-founded by Eric Trump, declined as Bitcoin retreated more than 30% from its October peak. The previous day saw nearly $1 billion in leveraged crypto positions liquidated across the market.

Bank of America has authorized more than 15,000 wealth advisers to recommend Bitcoin exchange-traded funds to clients, the bank told Yahoo Finance. Starting January 5, clients at Merrill, Bank of America Private Bank, and Merrill Edge can access four spot Bitcoin ETFs. The bank recommends a 1–4% crypto allocation for suitable investors, marking a significant expansion of regulated digital asset products within traditional banking channels.