<\/p>\n\n\n\n
Bitcoin traded higher near the closely watched $90,000 level on Monday after briefly moving above it earlier in the session, but the cryptocurrency once again failed to sustain momentum beyond that threshold \u2014 mirroring several unsuccessful rebound attempts seen throughout December.<\/p>\n\n\n\n
By 02:07 ET (07:07 GMT), the world\u2019s largest cryptocurrency was up 2.2% at $89,663.6.<\/p>\n\n\n\n
Bitcoin has repeatedly tested the $90,000 mark this month, only to retreat as buying interest faded and year-end trading volumes stayed subdued.<\/p>\n\n\n\n
Fed-pivot optimism lends support \u2014 but resistance remains firm<\/strong><\/p>\n\n\n\n Monday\u2019s advance came alongside broader strength across global markets, with investors continuing to price in expectations that the Federal Reserve will deliver further interest-rate cuts in 2026 following its recent policy easing.<\/p>\n\n\n\n Lower interest-rate expectations typically benefit risk assets \u2014 including cryptocurrencies \u2014 by reducing the relative appeal of cash and fixed-income holdings and encouraging investors to seek higher-return opportunities.<\/p>\n\n\n\n Bitcoin also appeared to be playing catch-up with gains in other asset classes. The strength across precious metals underscored continued demand for both safe-haven and alternative assets, creating a generally supportive backdrop for crypto markets.<\/p>\n\n\n\n Even so, Bitcoin\u2019s upside remained limited. Traders pointed to profit-taking and muted liquidity as key headwinds, with the $90,000 area still viewed as a major psychological and technical resistance zone that may require stronger catalysts to break convincingly.<\/p>\n\n\n\n Institutional activity \u2014 which helped underpin crypto markets earlier in the year \u2014 has also turned more selective, with some asset managers opting to remain on the sidelines ahead of key economic data releases early in the new year.<\/p>\n\n\n\n Crypto market today: Altcoins edge higher<\/strong><\/p>\n\n\n\n Most major altcoins posted modest gains on Monday.<\/p>\n\n\n\n Ethereum, the second-largest cryptocurrency, rose 2.7% to $3,018.92, while XRP added 1.5% to trade near $1.90.<\/p>\n\n\n\n Solana climbed 2.7%, whereas Cardano and Polygon saw slight declines.<\/p>\n\n\n\n Among meme tokens, Dogecoin and $TRUMP each advanced around 1%.<\/p>\n","protected":false},"excerpt":{"rendered":" Bitcoin traded higher near the closely watched $90,000 level on Monday after briefly moving above it earlier in the session, but the cryptocurrency once again failed to sustain momentum beyond that threshold \u2014 mirroring several unsuccessful rebound attempts seen throughout December. By 02:07 ET (07:07 GMT), the world\u2019s largest cryptocurrency was up 2.2% at $89,663.6. …<\/p>\n","protected":false},"author":9,"featured_media":95805,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[40,6827,49,36],"tags":[],"class_list":["post-122099","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-cryptocurrencies","category-daily-economic-reports","category-economic-reports","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/122099","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=122099"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/122099\/revisions"}],"predecessor-version":[{"id":122100,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/122099\/revisions\/122100"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/95805"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=122099"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=122099"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=122099"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Gold hovered near record highs, while silver and platinum climbed to fresh peaks as investors monitored persistent geopolitical risks \u2014 including ongoing U.S.-led diplomatic efforts to end the war in Ukraine, which have yet to yield a breakthrough.<\/p>\n\n\n\n