A bill clarifying that property laws apply to crypto was given royal assent in the UK, with advocates hailing the move as giving crypto “a much clearer legal footing.”

Bitcoin recovered to $93,000 after a leverage flush on Sunday, with analysts now predicting that macro tailwinds could push the cryptocurrency over six figures.

This partnership could accelerate institutional adoption of crypto by aligning staking services with traditional finance standards and security.

The post Deutsche Bank-backed Taurus partners with Everstake to enhance institutional crypto staking appeared first on Crypto Briefing.

Tokenization's potential to revolutionize financial systems could reshape market dynamics and investment strategies, impacting global asset management.

The post BlackRock CEO Larry Fink, Brian Armstrong to discuss tokenization at DealBook Summit appeared first on Crypto Briefing.

Arthur Hayes, the BitMEX co-founder, warned late last month that Tether’s shift into Bitcoin and gold could leave the stablecoin exposed if those assets tumble.

According to Hayes, a roughly 30% drop in Tether’s BTC and gold holdings could erase the company’s equity and leave USDT vulnerable.

His comments touched off fresh debate about how much of the company’s true financial strength is visible to the market.

The Tether folks are in the early innings of running a massive interest rate trade. How I read this audit is they think the Fed will cut rates which crushes their interest income. In response, they are buying gold and $BTC that should in theory moon as the price of money falls.… pic.twitter.com/ZGhQRP4SVF

— Arthur Hayes (@CryptoHayes) November 29, 2025

Tether Is Far Stronger Than It Looks: Former Citi Analyst

A former Citi research lead, who goes by the name “Joseph”, pushed back on Hayes’s scenario. Based on reports, Joseph said public attestations only show the assets that directly back outstanding USDT and do not capture the full corporate balance sheet.

I spent 100’s of hours writing research on tether for @Citi. @CryptoHayes missed a few key points.

1) 𝐓𝐡𝐞𝐢𝐫 𝐝𝐢𝐬𝐜𝐥𝐨𝐬𝐞𝐝 𝐚𝐬𝐬𝐞𝐭𝐬 =/ 𝐚𝐥𝐥 𝐜𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐞 𝐚𝐬𝐬𝐞𝐭𝐬

When tether generates $ they have a separate equity balance sheet which they don’t… https://t.co/pHSRr245Up

— Joseph (@JosephA140) November 30, 2025

He told reporters he spent hundreds of hours reviewing filings and market data and estimates Tether’s total equity could be in the $50–$100 billion range — a cushion much larger than what critics point to when they focus on attested reserves.

Reported Buffers

According to Joseph’s calculations, Tether holds about $120 billion in US Treasuries that are earning roughly 4%, which he says could generate about $10 billion a year in net income.

He also cited other corporate assets that are not part of public reserve snapshots — equity stakes, mining operations, and additional Bitcoin holdings — all of which, he argues, strengthen Tether’s overall capital position.

Paolo Ardoino, Tether’s CEO, has publicly cited roughly $30 billion in “group equity” as part of the firm’s buffer against shocks.

re: Tether FUD

From latest attestation announcement (Q3 2025):

“Tether will continue to maintain a multi-billion-dollar excess reserve buffer and an overall proprietary Group equity approaching $30 billion.”

Tether had (at end of Q3 2025) ~7B in excess equity (on top of the…

— Paolo Ardoino (@paoloardoino) November 30, 2025

Hayes’s point, however, rests on a simple math worry: volatile assets can move fast, and marked declines would reduce the value of reserves.

He framed Tether’s move into Bitcoin and gold as a macro hedge against expected rate cuts, but said that hedge could backfire under a sharp sell-off.

Reports have noted that because attestations focus on backing for USDT supply, they may not reveal how much of the company’s other assets would be available in a crisis — a gap that keeps some investors uneasy.

The clash highlights two facts. One: there are sizable numbers involved — $120 billion in Treasuries, a roughly $30 billion equity figure cited by management, and the $50–$100 billion range estimated by Joseph.

Two: the core issue is disclosure. If Tether’s broader holdings can be marshalled quickly in a stress event, the company may handle big swings. If not, volatility could create trouble for short-term liquidity even if long-term equity is large.

Featured image from Pexels, chart from TradingView

The U.S. Federal Deposit Insurance Corporation (FDIC) is preparing to publish its first formal proposal outlining how stablecoin issuers will operate under the GENIUS Act, according to acting chairman Travis Hill.

The rulemaking package is expected to be submitted to the House Financial Services Committee before the end of December, marking a major step toward implementing the country’s new federal stablecoin framework.

FDIC Nears First Draft of GENIUS Act Stablecoin Rules

The Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act), signed into law in July, created a multi-agency oversight system for payment stablecoins.

Under the law, only licensed issuers are allowed to offer stablecoins to U.S. users, with oversight divided between the FDIC, Federal Reserve, Treasury, and other regulators.

Hill said the FDIC has been developing application procedures and prudential standards that will apply to stablecoin-issuing subsidiaries of FDIC-supervised institutions.

These standards include capital requirements, liquidity expectations, and reserve asset diversification rules designed to ensure issuers can meet redemptions during periods of stress.

The agency also expects to release a separate proposal early next year detailing the financial and operational requirements stablecoin issuers must meet once approved.

Regulators Outline Broader Digital-Asset Responsibilities

Hill noted that the FDIC has taken a cautious but constructive approach toward banks exploring digital-asset services, ensuring activities remain “safe and sound.” Part of the agency’s ongoing work includes responding to recommendations from the President’s Working Group on Digital Asset Markets.

One area receiving particular attention is tokenized deposits, digital representations of bank deposits issued on blockchain networks. Hill confirmed that new guidance is being drafted to clarify how these instruments fit within existing banking rules, reflecting growing industry interest in tokenization for payments and settlement.

Other regulators are advancing their own responsibilities under the GENIUS Act. Federal Reserve Vice Chair for Supervision Michelle Bowman stated that the central bank is collaborating with banking agencies to establish capital, liquidity, and diversification standards for stablecoin issuers.

The U.S. Department of the Treasury has also played a central role in implementing the GENIUS Act.

In September, it released an Advance Notice of Proposed Rulemaking (ANPRM) seeking public feedback on its stablecoin oversight approach. The comment period, which ran through early November, invited input from industry participants, academics, and consumer groups.

The Treasury stated that the consultation aims to strike a balance between innovation and financial stability concerns. Public submissions will help build the final proposals, which will govern non-bank stablecoin issuers and related digital asset activities.

Related Reading: Crypto Crackdown: House GOP Discovers 30 Firms Debanked In Operation Chokepoint 2.0

With the FDIC’s first proposal now nearing completion, federal agencies are entering the next phase of what is expected to be a multi-month rulemaking process. Once draft rules are released, they will undergo public review before final guidelines are adopted and phased in across the stablecoin market.

Cover image from ChatGPT, BTCUSD chart from Tradingview

Bitcoin was launched fifteen years ago. The industry has ballooned into a nearly $4 trillion ecosystem, yet Satoshi’s vision of everyday payments remains largely unfulfilled. The hope for peer-to-peer payments has shifted to stablecoins. But rather than replacing banks, stablecoins risk becoming bank-like infrastructure. Stronger regulation in the U.S. and Europe may push them toward centralized rails rather than open money.

Regulation turning stablecoins into regulated payment networks

In America, the GENIUS Act established a federal framework for payments with stablecoins—who can issue them, how to back them up, and how they’re regulated. In Europe, MiCA regulation (Markets in Crypto-Assets) became applicable in 2024 and set strict requirements for stablecoins under categories like “e-money tokens” and “asset-referenced tokens.”

These regulations foster legitimacy and safety, but at the same time push stablecoin issuers into the world of banks. When issuers need to comply with reserve, audit, KYC, and redemption requirements, the structure and essence of stablecoins shift. They become centralized gateways rather than peer-to-peer money. Over 60% of corporate stablecoin usage is cross-border settlement, not consumer payments. Stablecoins are becoming more institutional tools and fewer tokens for individuals.

The danger: becoming the next SWIFT

What does it mean to “become the next SWIFT”? It means evolving into the go-to rail for institutions; efficient yet opaque, centralized yet indispensable. SWIFT transformed global banking by enabling messaging between banks; it did not democratize banking access. If stablecoins mirror that evolution, they’ll deliver faster rails for existing players rather than empowering the unbanked.

Crypto’s promise was programmable money—cash that moves with logic, autonomy, and user control. But when transactions require issuer permission, compliance tagging, and monitored addresses, the architecture changes. The network becomes compliant infrastructure, not money. That subtle but profound shift may make stablecoins less radical and more reactionary.

A better path to open rails with compliance baked in

The challenge is not regulation; it’s design. To uphold the promise of stablecoins while adhering to regulatory demands, developers and policymakers should embed compliance in the protocol layer, maintain composability across jurisdictions, and preserve non-custodial access. Back in the real world, initiatives like the Blockchain Payments Consortium provide a glimpse of hope that standardizing cross-chain payments is possible without sacrificing openness.

Stablecoins must work for individuals, not just institutions. If they serve only large players and regulated flows, they won’t disrupt—they’ll conform. The design must allow true peer-to-peer movement, selective privacy, and interoperability. Otherwise, the rails will lock us into old hierarchies, just faster.

Stablecoins still hold the potential to rewrite money. But if we allow them to become institutionalized rails built for banks rather than people, we will have replaced one central system with another. The question isn’t whether we regulate—stablecoins will be regulated. It’s whether we design for inclusion and autonomy, or lock in yesterday’s system behind digital wrappers. The future of money depends on which path we choose.

The following is a guest post and opinion from Joël Valenzuela, Director of Marketing and Business Development at Dash.

The post Stablecoins were built to replace banks but on course to becoming one appeared first on CryptoSlate.

XRP spot ETFs have posted one of the most consistent inflow streaks of this quarter, attracting roughly $756 million across eleven consecutive trading sessions since their Nov. 13 launch.

Yet the strength in the ETF demand contrasts with XRP’s price performance.

According to CryptoSlate’s data, the token has fallen about 20% over the same period and currently trades near $2.03.

This divergence has prompted CryptoSlate to examine how XRP’s ownership structure is shifting beneath the surface.

The strong ETF inflows alongside falling prices point to a market absorbing two opposing forces of steady institutional allocation on one side and a broader risk reduction on the other.

Essentially, this pattern reflects a more complex process in which new, regulated demand is entering the ecosystem as existing holders adjust their exposure.

XRP dominates crypto ETFs flow

The inflow profile of XRP products is statistically remarkable, particularly against a backdrop of net redemptions elsewhere.

During the reporting period, Bitcoin ETFs saw over $2 billion in outflows, and Ethereum products recorded nearly $1 billion in withdrawals.

Even high-flying competitors like Solana have managed only about $200 million in cumulative inflows. At the same time, other altcoin ETFs have drawn smaller totals, with Dogecoin, Litecoin, and Hedera products each holding between $2 million and $10 million.

In this context, XRP stands alone for its consistent accumulation, with the four products now holding about 0.6% of the token’s total market capitalization.

Considering this, market participants attribute the demand to the ETF’s operational efficiency. The four XRP funds offer institutional allocators a compliant, low-friction path into the asset, bypassing the custody headaches and exchange risks associated with direct token handling.

However, the fact that these inflows have not translated into upward price pressure suggests that other market segments may be reducing exposure or managing risk amid elevated macro and crypto-specific uncertainty.

This phenomenon is not unprecedented in crypto, but the scale here is distinct.

The selling pressure is likely originating from a combination of early adopters cashing out after years of volatility and potential treasury movements. The ETF boom has essentially created a liquidity bridge, allowing large-scale entities to offload positions without crashing the order book instantly.

Consolidation or centralization risk?

Meanwhile, the ownership data below the surface reinforces the view that the asset is undergoing a radical centralization.

Data from blockchain analysis firm Santiment indicates that the number of “whale” and “shark” wallets holding at least 100 million XRP has plummeted by 20.6% over the past eight weeks.

This pattern of fewer large wallets with more combined assets can be interpreted in different ways.

Some market observers have framed this as “consolidation,” arguing that supply is moving into “stronger hands.”

However, a risk-adjusted view suggests rising centralization risk.

With nearly half of the available supply concentrated in a shrinking cohort of entities, the market’s liquidity profile is becoming increasingly fragile.

This centralization of supply means that future price action is heavily dependent on the decisions of fewer than a few dozen entities. If this group decides to distribute, the resulting liquidity shock could be severe.

Simultaneously, spot exchange balances are thinning as tokens move into the regulated custody solutions required by ETF issuers.

While this theoretically reduces the “float” available for retail trading, it hasn’t triggered a supply shock. Instead, the transfer from exchange to custodian appears to be a one-way street for now, soaking up circulating supply sold by the shrinking whale cohort.

The benchmark race

The inflow streak has renewed discussion about which asset could emerge as the benchmark altcoin for institutional portfolios.

Historically, regulated crypto exposure has centered almost exclusively on Bitcoin and Ethereum, with other assets attracting minimal attention. XRP’s recent flow profile, which has significantly exceeded the cumulative inflows of other altcoin ETFs, has temporarily shifted that dynamic.

Part of the interest stems from developments around Ripple. The firm’s licensing expansion in Singapore and the significant adoption of RLUSD, its dollar-backed stablecoin, give institutions a broader ecosystem to evaluate.

At the same time, Ripple’s acquisitions across custody, brokerage, and treasury management have created a vertically integrated framework that resembles components of traditional financial infrastructure, offering a foundation for regulated participation.

Still, analysts caution that a short inflow streak does not establish a new long-term benchmark.

XRP will need to sustain demand across multiple market phases to maintain its position relative to peers such as Solana, which has gained attention for its growing tokenization activity, and to assets that may attract larger flows once new ETFs launch.

For now, XRP’s performance within the ETF complex reflects early momentum rather than structural dominance.

The flows highlight genuine institutional interest, but the asset’s price behavior reflects the broader challenges large-cap cryptocurrencies face amid macroeconomic uncertainty.

The post How XRP became the top crypto ETF trade despite price slides toward $2 appeared first on CryptoSlate.

In the first week of December 2025, Coinbase—the largest US exchange—added five new assets to its listing roadmap. This move signaled a positive shift in recovering demand from US investors.

Additionally, Bithumb listed new altcoins. Although market sentiment remains fearful. However, several indicators show that US investor appetite is improving.

Coinbase and Bithumb Add New Altcoins

In a new announcement, Coinbase revealed that five new assets have been added to its listing roadmap.

The roadmap is a list of tokens that Coinbase is evaluating for potential future listing. Coinbase emphasized that listing depends on support from market makers and the availability of sufficient technical infrastructure. The exchange will announce the trading schedule later.

The newly added altcoins include:

• Humidifi (WET) – the largest decentralized exchange (DEX) on Solana by volume, handling over $1 billion in daily trading.
• zkPass (ZKP) on Ethereum (ERC-20), known for zero-knowledge proof technology that enhances data privacy.
• Plume (PLUME) on Ethereum, an RWAfi (Real World Assets Finance) platform integrating with Circle’s Arc testnet. It aims to connect traditional finance with DeFi.
• Hyperlane (HYPER) on the Base network, enabling cross-chain communication.
• Jupiter (JUPITER) on Solana, the leading DEX aggregator in the Solana ecosystem.

Among them, Humidifi (WET) and zkPass (ZKP) remain largely unlisted on centralized exchanges. The remaining altcoins showed no significant price reactions after the news.

In addition, Korean exchange Bithumb announced two new KRW-traded listings: BOB (Build on Bitcoin) and OriginTrail (TRAC).

BOB is a protocol that combines ZK proofs and BTC staking to create native bridges to Ethereum and Bitcoin (BitVM). OriginTrail is an ecosystem building a trusted knowledge infrastructure for artificial intelligence. After the listing news, BOB gained 24% and TRAC rose more than 13%.

Liquidity Signals Turn Positive Again

These developments came as the Coinbase Premium Index—an indicator measuring the price difference of Bitcoin between Coinbase and other exchanges, representing US investor demand—turned positive again after remaining negative for a full month.

The index stayed negative from November, indicating capital outflows from the US. The early-December reversal suggests that sentiment among both institutional and retail investors in the US is improving. This shift may support inflows not only into Bitcoin but also into other cryptocurrencies.

“Coinbase Bitcoin Premium Index just flipped positive again, showing fresh demand… US liquidity returning & the real move begins soon,” investor Money Ape commented.

At the same time, the stablecoin market recorded strong growth, reinforcing confidence in an overall recovery. According to Lookonchain, Tether minted an additional 1 billion USDT on Tron on December 3. This pushed the stablecoin market cap on Tron above $80.2 billion.

As a result, total stablecoin market capitalization began rising again in early December after declining throughout November. It now stands at more than $306.85 billion, according to DefiLlama.

Leon Waidmann, Head of Research at Onchain Foundation, expects stablecoin market capitalization to reach new all-time highs soon.

Coinbase and Bithumb’s addition of New Altcoins, combined with strengthening US investor demand and surging stablecoin inflows, may trigger an altcoin recovery in December. Some analysts even argue that the Fed ending quantitative tightening (QT) could ignite a multi-year altcoin rally similar to the 2019–2022 period.

The post Coinbase and Bithumb List More Altcoins as Investor Demand Recovers appeared first on BeInCrypto.

Ethereum is scheduled to activate its Fusaka upgrade on December 3, 2025, at 21:49 UTC, deploying PeerDAS technology. This innovation enables network nodes to store only one-eighth of blob data while unlocking up to 8x theoretical scalability for Layer 2 rollups.

This marks Ethereum’s second major network enhancement in 2025, following the Pectra fork in May, which sparked a 29% rally in ETH and set new standards for validator operations.

Fusaka Combines Execution and Consensus Layer Improvements

The Fusaka hard fork merges the Osaka execution layer upgrade and Fulu consensus layer update, delivering improvements that boost Ethereum’s scalability, security, and user experience. These changes support exponentially higher transaction volumes across Layer 1 and Layer 2 solutions within Ethereum’s ecosystem.

According to Coin Metrics analysis, Fusaka enhances Layer 1 throughput by increasing blob capacity to improve data availability, resulting in much more cost-effective rollup operations. The upgrade is a direct follow-up to Pectra, which combined Prague and Electra upgrades into Ethereum’s most ambitious hard fork to date.

Ethereum’s official X announcement highlighted the upgrade’s impact on the Layer 2 ecosystem.

“Ethereum’s second major upgrade this year. Feature highlight: PeerDAS – Unlocking up to 8x data throughput. For rollups, this means cheaper blob fees and more space to grow.”

Fusaka’s scope extends to infrastructure improvements, reduced node resource requirements, and increased security through stricter computational limits and refined gas pricing mechanisms.

PeerDAS Technology Revolutionizes Data Availability

Peer Data Availability Sampling (PeerDAS) anchors Fusaka’s innovation, completely changing how nodes manage blob data. Under PeerDAS, nodes now store one-eighth of the network’s blob data, reducing storage demands by around 80% while maintaining full data availability via distributed sampling.

The Ethereum Foundation documentation states that PeerDAS enables nodes to verify data availability by randomly sampling small portions of data across the network. This reduces bandwidth and storage barriers for node operators, increasing participation while supporting greater overall blob capacity.

For Layer 2 rollups, which use Ethereum to post transaction data, PeerDAS directly reduces blob fees. The new scalability enables rollups to process higher transaction volumes while potentially lowering costs, directly addressing key challenges in Ethereum scaling.

Additionally, Fusaka adds Blob-Parameter-Only forks, allowing Ethereum to adjust blob capacity targets and limits without requiring a full network hard fork. This gives developers the flexibility to quickly increase blob targets in response to rollup demand without the need for major protocol upgrades.

Passkey Integration Eyes Institutional Adoption

Fusaka delivers critical security and efficiency enhancements. EIP-7918 aligns blob fees with actual network congestion, protecting Ethereum’s economic security. The upgrade also caps single transaction gas usage at 16,777,216 (2^24) gas units to eliminate denial-of-service risks from large transactions.

On the user experience front, native support for secp256r1 signatures enables passkey-style authentication using Apple Secure Enclave and Android Keystore. This eliminates the need for seed phrases, potentially accelerating institutional adoption. Sharplink CEO Joseph Charom called Fusaka “a massive milestone for Ethereum and its institutional adoption journey.”

However, analysts remain cautious about direct price comparisons. Pectra’s rally coincided with broader macro tailwinds, including a US-UK trade deal that boosted overall market sentiment. Fusaka’s impact may depend more on sustained L2 growth and institutional inflows than on immediate speculative interest.

Unlike Pectra, which focused heavily on staking efficiency and account abstraction, Fusaka prioritizes infrastructure scalability—a less visible but arguably more foundational improvement for Ethereum’s long-term competitiveness against rivals like Solana.

The post Ethereum Fusaka Goes Live Today: Can It Trigger a Pectra-Like Rally? appeared first on BeInCrypto.

XRP price started a recovery wave from $1.9840. The price is now rising above $2.120 and might face hurdles near the $2.250 pivot level.

• XRP price started a recovery wave from the $1.9840 zone.
• The price is now trading above $2.120 and the 100-hourly Simple Moving Average.
• There was a break above a key bearish trend line with resistance at $2.150 on the hourly chart of the XRP/USD pair (data source from Kraken).
• The pair could continue to move up if it settles above $2.250.

XRP Price Recovers Over 5%

XRP price extended losses below the $2.050 support, like Bitcoin and Ethereum. The price even spiked below $2.00 before the bulls appeared. A low was formed at $1.9844, and the price is now attempting to recover.

There was a move above the $2.050 and $2.120 levels. The bulls were able to push the price above the 50% Fib retracement level of the downward move from the $2.2750 swing high to the $1.9844 low. Besides, there was a break above a key bearish trend line with resistance at $2.150 on the hourly chart of the XRP/USD pair.

The price is now trading above $2.150 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $2.20 level or the 76.4% Fib retracement level of the downward move from the $2.2750 swing high to the $1.9844 low.

The first major resistance is near the $2.250 level. A close above $2.250 could send the price to $2.320. The next hurdle sits at $2.350. A clear move above the $2.350 resistance might send the price toward the $2.40 resistance. Any more gains might send the price toward the $2.450 resistance. The next major hurdle for the bulls might be near $2.50.

Another Decline?

If XRP fails to clear the $2.250 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.120 level. The next major support is near the $2.10 level.

If there is a downside break and a close below the $2.10 level, the price might continue to decline toward $2.050. The next major support sits near the $2.00 zone, below which the price could continue lower toward $1.920.

Technical Indicators

Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level.

Major Support Levels – $2.120 and $2.10.

Major Resistance Levels – $2.20 and $2.250.

Bitcoin continues to trade below $90,000, struggling to recover after several days of heavy selling and aggressive long liquidations. Sellers keep pushing price lower, and bulls fail to reclaim momentum, creating a market environment filled with uncertainty and fear. Every attempt to bounce meets immediate resistance, showing how much control bears currently hold.

Data shared by Axel Adler shows a clear shift in derivatives pressure toward buyers. The liquidation dominance oscillator now sits at 32%, one of its highest readings in recent years. This level signals that leveraged bulls keep taking the majority of the damage, with long positions consistently wiped out as volatility rises. Instead of absorbing the drawdown, many traders continue to unwind or get forced out of their positions.

These repeated long liquidations fuel deeper downside moves and block any meaningful recovery attempts. The market now watches closely to see whether this wave of forced selling will continue dragging Bitcoin lower or if the pressure is finally reaching exhaustion.

Long Liquidations Dominate as Bitcoin Faces Renewed Downside Pressure

Adler explains that the liquidation dominance oscillator measures the ratio between long and short liquidations across the derivatives market. When the indicator prints positive values, shown as green bars, long positions take the bulk of the damage.

Negative values reflect a dominance of short liquidations. Bitcoin’s current reading of 32% stands out as one of the highest levels seen in the last three years, highlighting how aggressively bulls have been forced out during this correction.

November illustrates this perfectly. The market saw three separate waves of long liquidations, each exceeding $400 million. Every one of those spikes aligned with a sharp acceleration in Bitcoin’s price decline, reinforcing how leveraged buyers repeatedly amplified downside momentum. Rather than stabilizing the market, each flush created more selling pressure and triggered deeper unwinding across futures platforms.

The most recent liquidation wave reached $221 million, hitting the market right as Bitcoin attempted a short-term recovery. That flush immediately reversed the bounce and dragged BTC back down to the $86,000 region, erasing nearly all of last week’s gains. The persistent dominance of long liquidations shows that bulls remain under heavy stress—and until this dynamic eases, Bitcoin will struggle to build sustainable upside.

Bitcoin Market Searches for a Higher Time-Frame Floor

Bitcoin’s weekly chart shows the market pressing into a critical support zone after weeks of heavy selling. The price has dropped from the $115,000 region to the $86,000–$88,000 range, where it now interacts directly with the 100 SMA. This moving average has served as a key structural support in previous cycles, and Bitcoin’s current test of it will likely determine whether the broader uptrend holds or breaks down further.

The recent candles highlight intense volatility. Bitcoin briefly dipped to nearly $84,000 before buyers stepped in, forming a lower wick that shows early attempts to defend this level. However, the rebound remains shallow, and the 50 SMA continues to slope downward — a sign that short- and mid-term momentum still favors sellers. For bulls to regain control, BTC needs to reclaim $95,000 on a weekly closing basis.

Volume adds weight to the bearish pressure. Selling spikes dominate recent weeks, revealing a mix of forced liquidations and fear-driven exits rather than healthy profit-taking. As long as BTC trades below the 50 SMA, the market remains vulnerable to deeper retracements.

If the 100 SMA fails to hold, the next major liquidity zone sits near $70,000–$72,000, aligning with previous consolidation and the long-term 200 SMA. The next weekly close will be decisive.

Featured image from ChatGPT, chart from TradingView.com