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Bitcoin's Wild Week: $85K Support Holds as Market Braces for Santa Rally
Digital Assets Decoded: Your Daily Crypto Guide podcast.
# Digital Assets Decoded: Your Daily Crypto Guide
Hey everyone, it's Crypto Willy back with you, and let me tell you—what a week it's been in the crypto space! We've got some wild swings to unpack, so grab your coffee and let's dive right in.
Let's start with Bitcoin, because honestly, our favorite orange coin has been on quite the rollercoaster. Bitcoin kicked off December on a rough note, trading around $85,000 after plummeting from its Black Friday peak above $92,000. The volatility has been intense, folks. We're talking about Bitcoin fluttering above and below the $85,000 mark multiple times on Monday alone. But here's where it gets interesting—by Tuesday, Bitcoin surged back above $91,000, mostly recovering from that brutal Sunday night and Monday morning plunge that took it below $84,000.
Now, the bigger picture isn't pretty. Bitcoin's down roughly 9% since the start of 2025, which means that record high from early October has essentially erased all of this year's gains. The downward pressure has been relentless, and Yahoo Finance reports that Bitcoin ETFs posted their worst monthly outflows on record. That's a significant signal that institutional money is getting skittish.
The crypto ecosystem felt the pressure across the board. Coinbase, which is one of the major players in the space, was hit hard. There were even concerns floating around that if Bitcoin dropped much lower, certain companies holding Bitcoin reserves would be forced to sell. But Coinbase threw investors a bone, announcing a reserve fund of $1.44 billion in US dollars to shore up confidence—smart move during a storm like this.
It wasn't all doom and gloom though. Beyond Bitcoin's headline drama, we've got some positive momentum building in other corners of the market. Solana and Chainlink have been pushing forward, bolstered by what's being called a $1 billion ETP rebound. And get this—DeepSnitch AI absolutely exploded, surging 70% as the broader market watched. That's the kind of move that reminds us why decentralized finance innovation never stops churning.
On the infrastructure side, Ripple's been busy expanding its footprint. They partnered with RedotPay to push XRP-powered remittances across Africa, which is huge for adoption in emerging markets. That's real-world utility right there, friends.
So what does this all mean? We're seeing classic market cycles play out—fear, capitulation, then strategic buying at support levels. The $80,000 to $85,000 range is holding as a foundation, and that Tuesday bounce above $91,000 shows institutional buyers are ready to accumulate on dips.
Look, December has historically been interesting for crypto. Investors are talking about whether we'll see that Santa Claus rally that typically shows up this time of year. With the holiday season upon us, things could get interesting fast.
That's all we've got for this week, but I want to thank you for tuning in to Digital Assets Decoded. Come back next week for more deep dives into what's moving the needle in crypto. This has been a Quiet Please production—make sure to check out Quiet Please dot AI for everything you need to stay informed.
Stay safe out there, and keep those portfolios hedged!
Get the best deals https://amzn.to/3ODvOta
This content was created in partnership and with the help of Artificial Intelligence AI
# Digital Assets Decoded: Your Daily Crypto Guide
Hey everyone, it's Crypto Willy back with you, and let me tell you—what a week it's been in the crypto space! We've got some wild swings to unpack, so grab your coffee and let's dive right in.
Let's start with Bitcoin, because honestly, our favorite orange coin has been on quite the rollercoaster. Bitcoin kicked off December on a rough note, trading around $85,000 after plummeting from its Black Friday peak above $92,000. The volatility has been intense, folks. We're talking about Bitcoin fluttering above and below the $85,000 mark multiple times on Monday alone. But here's where it gets interesting—by Tuesday, Bitcoin surged back above $91,000, mostly recovering from that brutal Sunday night and Monday morning plunge that took it below $84,000.
Now, the bigger picture isn't pretty. Bitcoin's down roughly 9% since the start of 2025, which means that record high from early October has essentially erased all of this year's gains. The downward pressure has been relentless, and Yahoo Finance reports that Bitcoin ETFs posted their worst monthly outflows on record. That's a significant signal that institutional money is getting skittish.
The crypto ecosystem felt the pressure across the board. Coinbase, which is one of the major players in the space, was hit hard. There were even concerns floating around that if Bitcoin dropped much lower, certain companies holding Bitcoin reserves would be forced to sell. But Coinbase threw investors a bone, announcing a reserve fund of $1.44 billion in US dollars to shore up confidence—smart move during a storm like this.
It wasn't all doom and gloom though. Beyond Bitcoin's headline drama, we've got some positive momentum building in other corners of the market. Solana and Chainlink have been pushing forward, bolstered by what's being called a $1 billion ETP rebound. And get this—DeepSnitch AI absolutely exploded, surging 70% as the broader market watched. That's the kind of move that reminds us why decentralized finance innovation never stops churning.
On the infrastructure side, Ripple's been busy expanding its footprint. They partnered with RedotPay to push XRP-powered remittances across Africa, which is huge for adoption in emerging markets. That's real-world utility right there, friends.
So what does this all mean? We're seeing classic market cycles play out—fear, capitulation, then strategic buying at support levels. The $80,000 to $85,000 range is holding as a foundation, and that Tuesday bounce above $91,000 shows institutional buyers are ready to accumulate on dips.
Look, December has historically been interesting for crypto. Investors are talking about whether we'll see that Santa Claus rally that typically shows up this time of year. With the holiday season upon us, things could get interesting fast.
That's all we've got for this week, but I want to thank you for tuning in to Digital Assets Decoded. Come back next week for more deep dives into what's moving the needle in crypto. This has been a Quiet Please production—make sure to check out Quiet Please dot AI for everything you need to stay informed.
Stay safe out there, and keep those portfolios hedged!
Get the best deals https://amzn.to/3ODvOta
This content was created in partnership and with the help of Artificial Intelligence AI
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By Inception Point AiDigital Assets Decoded: Your Daily Crypto Guide podcast.
# Digital Assets Decoded: Your Daily Crypto Guide
Hey everyone, it's Crypto Willy back with you, and let me tell you—what a week it's been in the crypto space! We've got some wild swings to unpack, so grab your coffee and let's dive right in.
Let's start with Bitcoin, because honestly, our favorite orange coin has been on quite the rollercoaster. Bitcoin kicked off December on a rough note, trading around $85,000 after plummeting from its Black Friday peak above $92,000. The volatility has been intense, folks. We're talking about Bitcoin fluttering above and below the $85,000 mark multiple times on Monday alone. But here's where it gets interesting—by Tuesday, Bitcoin surged back above $91,000, mostly recovering from that brutal Sunday night and Monday morning plunge that took it below $84,000.
Now, the bigger picture isn't pretty. Bitcoin's down roughly 9% since the start of 2025, which means that record high from early October has essentially erased all of this year's gains. The downward pressure has been relentless, and Yahoo Finance reports that Bitcoin ETFs posted their worst monthly outflows on record. That's a significant signal that institutional money is getting skittish.
The crypto ecosystem felt the pressure across the board. Coinbase, which is one of the major players in the space, was hit hard. There were even concerns floating around that if Bitcoin dropped much lower, certain companies holding Bitcoin reserves would be forced to sell. But Coinbase threw investors a bone, announcing a reserve fund of $1.44 billion in US dollars to shore up confidence—smart move during a storm like this.
It wasn't all doom and gloom though. Beyond Bitcoin's headline drama, we've got some positive momentum building in other corners of the market. Solana and Chainlink have been pushing forward, bolstered by what's being called a $1 billion ETP rebound. And get this—DeepSnitch AI absolutely exploded, surging 70% as the broader market watched. That's the kind of move that reminds us why decentralized finance innovation never stops churning.
On the infrastructure side, Ripple's been busy expanding its footprint. They partnered with RedotPay to push XRP-powered remittances across Africa, which is huge for adoption in emerging markets. That's real-world utility right there, friends.
So what does this all mean? We're seeing classic market cycles play out—fear, capitulation, then strategic buying at support levels. The $80,000 to $85,000 range is holding as a foundation, and that Tuesday bounce above $91,000 shows institutional buyers are ready to accumulate on dips.
Look, December has historically been interesting for crypto. Investors are talking about whether we'll see that Santa Claus rally that typically shows up this time of year. With the holiday season upon us, things could get interesting fast.
That's all we've got for this week, but I want to thank you for tuning in to Digital Assets Decoded. Come back next week for more deep dives into what's moving the needle in crypto. This has been a Quiet Please production—make sure to check out Quiet Please dot AI for everything you need to stay informed.
Stay safe out there, and keep those portfolios hedged!
Get the best deals https://amzn.to/3ODvOta
This content was created in partnership and with the help of Artificial Intelligence AI
# Digital Assets Decoded: Your Daily Crypto Guide
Hey everyone, it's Crypto Willy back with you, and let me tell you—what a week it's been in the crypto space! We've got some wild swings to unpack, so grab your coffee and let's dive right in.
Let's start with Bitcoin, because honestly, our favorite orange coin has been on quite the rollercoaster. Bitcoin kicked off December on a rough note, trading around $85,000 after plummeting from its Black Friday peak above $92,000. The volatility has been intense, folks. We're talking about Bitcoin fluttering above and below the $85,000 mark multiple times on Monday alone. But here's where it gets interesting—by Tuesday, Bitcoin surged back above $91,000, mostly recovering from that brutal Sunday night and Monday morning plunge that took it below $84,000.
Now, the bigger picture isn't pretty. Bitcoin's down roughly 9% since the start of 2025, which means that record high from early October has essentially erased all of this year's gains. The downward pressure has been relentless, and Yahoo Finance reports that Bitcoin ETFs posted their worst monthly outflows on record. That's a significant signal that institutional money is getting skittish.
The crypto ecosystem felt the pressure across the board. Coinbase, which is one of the major players in the space, was hit hard. There were even concerns floating around that if Bitcoin dropped much lower, certain companies holding Bitcoin reserves would be forced to sell. But Coinbase threw investors a bone, announcing a reserve fund of $1.44 billion in US dollars to shore up confidence—smart move during a storm like this.
It wasn't all doom and gloom though. Beyond Bitcoin's headline drama, we've got some positive momentum building in other corners of the market. Solana and Chainlink have been pushing forward, bolstered by what's being called a $1 billion ETP rebound. And get this—DeepSnitch AI absolutely exploded, surging 70% as the broader market watched. That's the kind of move that reminds us why decentralized finance innovation never stops churning.
On the infrastructure side, Ripple's been busy expanding its footprint. They partnered with RedotPay to push XRP-powered remittances across Africa, which is huge for adoption in emerging markets. That's real-world utility right there, friends.
So what does this all mean? We're seeing classic market cycles play out—fear, capitulation, then strategic buying at support levels. The $80,000 to $85,000 range is holding as a foundation, and that Tuesday bounce above $91,000 shows institutional buyers are ready to accumulate on dips.
Look, December has historically been interesting for crypto. Investors are talking about whether we'll see that Santa Claus rally that typically shows up this time of year. With the holiday season upon us, things could get interesting fast.
That's all we've got for this week, but I want to thank you for tuning in to Digital Assets Decoded. Come back next week for more deep dives into what's moving the needle in crypto. This has been a Quiet Please production—make sure to check out Quiet Please dot AI for everything you need to stay informed.
Stay safe out there, and keep those portfolios hedged!
Get the best deals https://amzn.to/3ODvOta
This content was created in partnership and with the help of Artificial Intelligence AI