{"id":39488,"date":"2025-12-23T10:34:53","date_gmt":"2025-12-23T10:34:53","guid":{"rendered":"https:\/\/financialrush.com\/?p=39488"},"modified":"2025-12-23T10:34:53","modified_gmt":"2025-12-23T10:34:53","slug":"bitcoin-fails-90k-breakout-as-market-retraces-and-altcoins-suffer-market-watch","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=39488","title":{"rendered":"Bitcoin Fails $90K Breakout as Market Retraces and Altcoins Suffer: Market Watch"},"content":{"rendered":"<p> \n<\/p>\n<p>The past 24 hours saw the broader cryptocurrency market continue its choppy price action, with the majority trading in the red.<\/p>\n<p>This follows multiple unsuccessful attempts on behalf of Bitcoin, as well as most other leading altcoins, to reclaim pivotal technical levels going into the last few days of 2025.<\/p>\n<h2 id=\"90k-is-a-tough-cookie-for-bitcoin\">$90K is a Tough Cookie for Bitcoin<\/h2>\n<p>As we\u00a0<a href=\"https:\/\/cryptopotato.com\/ethereum-eth-reclaims-3k-level-bitcoin-btc-nears-90k-market-watch\/\">reported<\/a> yesterday, Bitcoin was trying to breach $90,000 on what seemed like the first sign of sustainable gains in the past few days. Those attempts were for not, unfortunately.<\/p>\n<p>At the time of this writing, BTC has retraced by roughly 2.5% in the past 24 hours, currently trading around $87,5000.<\/p>\n<p>The total liquidations for the same period stand at around $250 million, marking an increase of 27% compared to the previous day. Naturally, almost $200 million of those were long traders, according to data from Coinglass.<\/p>\n<p>The crash came following the push above $90,000, as the price reached as high as $90,536 (on Bitstamp).<\/p>\n<p>At this rate, Bitcoin is set to close the fourth quarter of 2025, charting a loss of around 22%. This would mark its weakest Q4 performance since the bear market in 2018. On-chain signals, macro pressure, as well as a notably fading speculative activity, all point to a fragile phase, at least in the short term.<\/p>\n<figure id=\"attachment_1424116\" aria-describedby=\"caption-attachment-1424116\" style=\"width: 2174px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/12\/BTCUSD_2025-12-23_12-06-16.png\"><\/a><figcaption id=\"caption-attachment-1424116\" class=\"wp-caption-text\">Source: TradingView<\/figcaption><\/figure>\n<h2 id=\"altcoins-feel-the-heat-too\">Altcoins Feel the Heat Too<\/h2>\n<p>Most of the leading altcoins are trading well in the red. Ethereum also failed to sustain its price above $3,000 and is currently located at around $2,950, charting a loss similar to that of BTC.<\/p>\n<p>SOL, TRX, DOGE, ADA, XRP, BNB, and many others are down between 1.5% and 2%, while Zcash (ZEC) and Monero (XMR), both privacy-oriented coins, are down a more sustainable 6% on the day. Hyperliquid\u2019s HYPE is also down by 4.4%.<\/p>\n<p>Today\u2019s biggest gainer is Provenance Blockchain\u2019s HASH token, which is up 8.4% in the past 24 hours, followed by Rain (up 6.5%).<\/p>\n<p>On the other hand, Midnight (NIGHT) lost the most, as the token plunged by a whopping 21%. Next in line is PUMP \u2013 the native cryptocurrency of the popular token issuance platform on Solana \u2013 Pump.fun. It\u2019s down 13% over the same period.<\/p>\n<figure id=\"attachment_1424122\" aria-describedby=\"caption-attachment-1424122\" style=\"width: 2525px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/12\/Screenshot-2025-12-23-121827.png\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full wp-image-1424122\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/12\/Screenshot-2025-12-23-121827.png\" alt=\"Screenshot 2025-12-23 121827\" width=\"2525\" height=\"1149\" \/><\/a><figcaption id=\"caption-attachment-1424122\" class=\"wp-caption-text\">Source: Quantify Crypto<\/figcaption><\/figure>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/bitcoin-fails-90k-breakout-as-market-retraces-and-altcoins-suffer-market-watch\/\">Bitcoin Fails $90K Breakout as Market Retraces and Altcoins Suffer: Market Watch<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n\n<br \/><a href=\"https:\/\/cryptopotato.com\/bitcoin-fails-90k-breakout-as-market-retraces-and-altcoins-suffer-market-watch\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"The past 24 hours saw the broader cryptocurrency market continue its choppy price action, with the majority trading&hellip;\n","protected":false},"author":2,"featured_media":39489,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-39488","post","type-post","status-publish","format-standard","has-post-thumbnail","category-crypto","cs-entry","cs-video-wrap"],"_links":{"self":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/39488","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=39488"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/39488\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/media\/39489"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=39488"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=39488"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=39488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}