Bitcoin is trading near $90,000 as traders balance current macro headwinds against scenarios in which looser US monetary policy and the 2026 midterm cycle fuel a major rally. Some analysts project that if quantitative tightening ends, rates are cut, and liquidity improves, BTC could climb into a $300,000–$600,000 range, while others focus on nearby resistance between $90,000 and $94,000 and diverging expectations over whether $100,000 will be reached before 2026.

Analytics platform DeFiLlama reported that in the past week, major cryptocurrencies moved with unusually tight price correlations, led by a 0.99 reading between Bitcoin and Solana. Ethereum also posted strong links to Cardano, Solana, and Dogecoin, while BNB stood out as comparatively disconnected from broader market moves.

JPMorgan Chase has introduced a private tokenized money market fund on Ethereum, seeding it with $100 million. The MONY vehicle issues wallet-based share tokens via Morgan Money, with subscriptions and redemptions in cash or USDC and eligibility starting at $1 million; individuals need at least $5 million and institutions $25 million.

Bybit's 2025 rankings indicate that Ukraine, Nigeria, and Vietnam are among the most dynamic crypto adopters, with usage often driven by gaps in traditional financial systems. The report finds stablecoins are now the most widely used crypto product worldwide, supporting everything from remittances and savings to cross-border transfers and trading access.

On November 27, 2025, hackers breached Upbit and routed funds through over a thousand wallets before most flowed into Binance-hosted service wallets, according to KBS News. Police and Upbit asked Binance to freeze about 470 million won in SOL; Binance froze roughly 80 million won and confirmed the action around midnight the same day.

SpaceX and BlackRock transferred more than $296 million in Bitcoin to Coinbase Prime ahead of a 25-basis-point U.S. Federal Reserve rate cut, adding to market unease. The moves involved 1,021 BTC and 2,196 BTC, respectively, and came amid sharp BTC price swings between $88,000 and $94,500 and a monthly drop of over 14%. Traders are split on whether the flows are routine custody shifts or positioning to sell during a volatile macro backdrop.

Coinbase has added Solana-based DEX trading directly into its app, allowing its estimated 100 million users to trade any Solana token without waiting for centralized listings, as announced at Solana Breakpoint 2025. The update supports payments via USDC, cash, bank accounts, and debit cards, making the expanding Solana ecosystem easier to access.

On December 10, the Federal Reserve implemented its third 25 bps rate cut, briefly lifting cryptocurrency prices. Ethereum sentiment flipped as ETH pushed toward $3,433 before sliding back near $3,170, according to Santiment. On December 11, Greeks.live said the Fed’s initial T‑bill purchase plan is about $40 billion, and options markets are positioned cautiously with puts trading at a premium.

Bitcoin’s strongest rally of 2024 occurred before April’s halving event, adding weight to the argument that global liquidity—not programmed supply cuts—remains the primary force behind Bitcoin’s major bull cycles. Analyst Shanaka Anslem Perera says 16 years of market data show no statistical evidence that halvings trigger rallies, while liquidity expansions consistently align with Bitcoin’s biggest price surges.