Bitcoin surpasses $88,000 on Christmas with a 1.46% gain amid a low-volume market

2025-12-26 01:26:22

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Source: Yellow Original Title: Bitcoin surpasses $88,000 on Christmas with a 1.46% gain amid low-volume market

Original Link: https://yellow.com/es/news/bitcoin-supera-los-88000-dólares-en-navidad-con-una-subida-del-146-en-medio-de-un-trading-reducido Bitcoin (BTC) surpassed $88,000 on Christmas Day with a modest 1.46% gain in 24 hours, trading at $88,020 at 3:26 p.m. UTC, according to market data.

The cryptocurrency spent the holidays in a familiar range between $85,000 and $90,000.

Bitcoin remains approximately 30% below its October high, which was above $126,000.

The Christmas session was marked by lower liquidity, as traders stayed away from the markets.

What happened

Bitcoin maintained a tight trading range during the holidays despite the rally.

Multiple sources confirmed prices fluctuating between $87,000 and $88,000 throughout December 25.

Trading volumes decreased as institutional participants withdrew for the holidays.

Open interest in Bitcoin perpetual futures fell by $3 billion during the holiday period, according to QCP Capital.

The reduction in leverage created conditions where smaller orders could generate larger-than-normal price movements.

A flash crash early in the day briefly sent Bitcoin to $24,111 on the BTC/USD1 trading pair on certain platforms before recovering within seconds.

The anomaly appeared limited to the pair with the USD1 stablecoin and did not affect other major BTC pairs.

Why it matters

Liquidity conditions during the holidays have increased Bitcoin’s sensitivity to sharp movements.

A record $23.7 billion in Bitcoin options contracts expire on December 26 on the derivatives platform Deribit.

This massive expiration accounts for over 50% of total open interest and could amplify volatility when liquidity returns.

QCP Capital analysts noted that short positions have decreased, with put interest dropping to $85,000, while calls at $100,000 remain.

Bitcoin is experiencing one of its worst year-end performances in seven years.

The cryptocurrency fell 22.8% in Q4 2025, marking the second-worst Q4 on record.

Gold gained 69% in 2025, while Bitcoin recorded a 5% loss for the year.

Bitcoin spot ETF outflows totaled approximately $1.13 billion by mid-December, adding pressure heading into the year’s end.

Analysts expect low trading volume conditions to persist until December 31, before liquidity normalizes in January.

BTC1.36%

USD1-0.06%

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BoredWatcher

· 5h ago

88k, Christmas holiday trading mood, this little increase really... sleepy

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ChainWanderingPoet

· 5h ago

Still rising during Christmas? I don't understand, but I'm very shocked.

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DefiPlaybook

· 6h ago

88k BTC at this Christmas time, the trading volume is still so light... Do you feel that eerie calm? Real trading volume is king. A 1.46% increase in low liquidity is actually very risky, and could reverse and dump at any time. During the Christmas holiday, the market is dormant, and big players are on vacation. The market data at this time is not very meaningful, brothers. I usually don't pay attention to this kind of market closure. I'll wait until the new year when institutions enter. The amount looks good, but the data doesn't look good. It's a typical fake bullish rise. The problem isn't big, but don't be too optimistic.

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ReverseTradingGuru

· 6h ago

Christmas is still rising, this low volume is quite interesting.

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