Bitcoin bulls are attempting to push past this week’s choppy trading that has repeatedly capped gains near $90,000.
Bitcoin (BTC $89,961.91) is battling a recurring pattern of sell pressure during U.S. trading hours. After dipping below $85,000 late Thursday, BTC rebounded once U.S. markets closed, climbing back above $89,000 by Friday morning. Still, the $89,000–$90,000 range has consistently acted as a ceiling this week, with sellers quickly pushing prices lower.
As the markets head into the pre-holiday weekend, bitcoin is holding steady around $88,400, up 0.3% over the past 24 hours.
Ethereum (ETH $3,051.97) bounced close to $3,000, gaining 1% over the past day, while Solana (SOL $127.99) and SUI ($1.4844) led overnight gains among altcoins.
Digital-asset-related stocks followed the rebound. BitMine (BMNR), an Ethereum treasury firm, surged nearly 8%, while Galaxy Digital (GLXY) and Circle (CRCL) each rose around 3%. MicroStrategy (MSTR), the largest corporate bitcoin holder, gained over 3%, pushing its multiple to net asset value (mNAV) to 1.09.
Meanwhile, BitDigital (BTBT) jumped 10% after news that its WhiteFibre (WYFI) subsidiary signed a 10-year, 40MW colocation agreement with Nscale, valued at roughly $865 million. BitDigital owns about 70% of WhiteFibre, which itself rose 11%, amplifying the positive impact on BTBT shares.
About The Author
More Stories
According to Galaxy Digital’s research chief, Bitcoin faces a highly unpredictable 2026.
According to Fidelity’s Jurrien Timmer, 2026 could be underwhelming while Bitcoin’s four-year cycle remains intact.
BlackRock’s Bitcoin ETF attracts $25 billion over the year, defying the recent Bitcoin downturn.