Why Is Crypto Up Today? – December 30, 2025

What Happened

TLDR:

Bitcoin (BTC) is up ~1.3% to $87,900, while Ethereum (ETH) has gained ~1.8% to $2,980.

ETH is holding above $2,800; support sits at $2,780–$2,800, resistance at $3,060–$3,200;

Market Context

The crypto market is slightly higher today, with total market capitalisation rising by about 0.7% over the past 24 hours to roughly $3.06 trillion. Trading activity remains more subdued, with 24-hour volume standing near $95.5 billion. Price action across major assets is mixed, showing modest gains at the top alongside selective pullbacks among large-cap altcoins.

The crypto market cap is slightly higher today, up ~0.7% to around $3.06 trillion;

Year-end trading remains thin, with analysts citing seasonal inactivity;

Bitcoin (BTC) is trading around $87,900, up roughly 1.3% over the past day, helping anchor the broader market.

In contrast, several large-cap assets are under pressure. XRP (XRP) is down about 1.7% to $1.86, Solana (SOL) has slipped roughly 0.3% to $124, and Dogecoin (DOGE) is among the weaker performers in the top 10, falling around 4.7% to near $0.124.

Beyond the top 10, market breadth remains mixed. A majority of the top 100 cryptocurrencies are trading in positive territory, though gains are generally modest.

Some mid-cap tokens have posted stronger moves, while others continue to retrace after recent rallies. On the downside, losses are concentrated in a handful of names rather than broad-based selling, suggesting cautious positioning rather than a risk-off shift.

Among the strongest performers, Beta Finance leads the market with a sharp surge of more than 423%, followed by ElizaOS, which has climbed nearly 150% over the past day. 0x Protocol is also among the top gainers, rising around 35%.

Meanwhile, Haseeb Qureshi, managing partner at Dragonfly, forecasts that Bitcoin will trade above $150,000 by the end of 2026, although he expects its dominance to decline as capital shifts into other sectors.

Bitcoin Steadies Near $87K as Year-End Trading Slows Across Markets

Bitcoin hovered near the $87,000 level on Tuesday, setting a calm tone for crypto markets as global risk assets softened into year-end. Asian equities edged lower after a week-long rally, while US stock futures slipped following declines in major tech names.

Precious metals also turned volatile after pulling back from record highs, adding to a broader sense of thinner liquidity and profit-taking after the holidays. Crypto prices moved lower alongside this backdrop, with Bitcoin, Ether and XRP all posting modest declines.

Market data and analysts point to seasonal factors rather than a structural shift. Nansen’s Jake Kennis said Bitcoin and Ether have largely traded sideways over the past week as volumes faded, reflecting year-end inactivity.

Onchain activity has cooled across most networks, with fewer active addresses, transactions and fees over the past month. While Solana continues to lead onchain trading volumes despite a slight dip in user activity, overall market participation has become more selective as 2025 draws to a close.

Why It Matters

Dragonfly’s Haseeb Qureshi expects BTC above $150,000 by end-2026;

For BTC, a break above $89K could target $92K–$95K, while a drop below $85K risks $82K;

Details

The Crypto Fear & Greed Index remains in the fear zone at 29;

US BTC spot ETFs saw $19.3M in net outflows;

US ETH ETFs also posted $9.6M in outflows.

Crypto winners & losers

Ethereum (ETH) has also edged higher, gaining about 1.8% to trade close to $2,980. BNB (BNB) is modestly higher as well, rising around 1% to $855.