Bitcoin Consolidates, Altcoins Gain
Update: 2025-12-28
Description
Bitcoin held steady around $87,800, while altcoins like XRP, Solana, and Dogecoin gained 1.3%. The total crypto market cap rose 0.8% to $3.06 trillion. Bitcoins price fluctuated between $87,500 and $87,900, with analyst Michaël van de Poppe warning of potential support weakness if it drops to $83,000 or $80,000, or a rally to $105,000 if it breaks above $90,000. Glassnodes on-chain data shows key levels around the current price, with many recent buyers underwater, potentially capping rallies. The macro focus remains on precious metals rally, raising questions about Bitcoins potential surge.
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