Bitcoin is trading near $87,000 as derivatives positioning turns cautious. According to CME options data, call open interest peaked in December 2024 and has since fallen toward cycle lows, while put demand has increased. On-chain metrics indicate continued accumulation by large holders, with price holding between $86,500 support and resistance near $88,000.

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 19, 2025, Bybit activated an updated insurance fund framework for USDT perpetual contracts, allocating at least $8 million to a new pool for fresh listings. The model replaces single-pair buffers with pooled coverage, aiming to increase loss absorption per contract by more than 200% and curb ADL events, with roll-out scheduled in phases over the following two months. Contracts are grouped by liquidity and risk, and traders can track fund reserves and drawdown-based ADL triggers in real time via API tools.

The Bank of Russia has submitted a draft framework to the government that would create a complete legal regime for cryptocurrency usage by July 1, 2026, and introduce penalties for illegal crypto intermediaries by July 1, 2027. The plan differentiates between qualified and non-qualified investors, imposes annual purchase limits and mandatory testing, bans domestic crypto payments, and allows certain cross-border and foreign digital asset transactions under reporting requirements.

As 2025 nears its end, Bitcoin is trading below a long-standing bull market channel after six weeks of failed attempts to reclaim it and is now consolidating under key resistance. Analysts are split between scenarios that include a possible move down toward $60,000 or a renewed push toward the $100,000–$105,000 area, while spot price hovers near $87,100 amid a weak fourth quarter.

XRP is trading near $1.92 after recovering the $1.80 support and holding above $1.90. Analysts cite either a double-bottom toward $2.3–$2.5 or a double-top risk that would put $1.77 and $0.8 back in play. The token's 24-hour volume is $2.24 billion, and it has declined over 1% daily and almost 4% weekly.

On December 21, 2025, analyst Sykodelic argued Bitcoin is roughly 90% below fair value, citing correlations with gold and global liquidity. They set a short-term target of $153,000 and said an overshoot toward $200,000 is plausible, while BTC trades around $89,000 with a 24-hour volume of $28 billion.

Cardano (ADA) is trading around $0.37 after a bearish monthly MACD crossover and has declined 32% since that signal, with analysts monitoring potential support near $0.23. Momentum remains weak below the 9-week EMA at $0.45 and 21-week EMA at $0.66, while futures open interest has slid to about $660 million from above $1 billion earlier this year.

XRP trades near $1.88 after dropping below a multi‑month support and staying under $2 for several days, with weekly losses approaching 8% and about 2% down in the last 24 hours on daily volume over $3.4 billion. Analysts note a potential double top and an RSI near 37, while $2.27 resistance and support around $1 are key levels watched.