Bitcoin battles $89,000 price ceiling as bulls try to break U.S. sell pattern

• Bitcoin bounced above $89,000 overnight, but bulls are once again struggling to maintain gains in the U.S. session.
• ETH, SOL, SUI lead the altcoin rebound, up over 5% from Thursday's lows.
• U.S. equities are showing strength, also helping to boost crypto-related stocks like BitMine and Galaxy.

Bitcoin BTC$88,223.33 bulls are fighting to break on Friday what's been a consistent pattern of sell pressure during U.S. hours.

Dipping below $85,000 late on Thursday afternoon, BTC once again climbed after U.S. markets closed, pushing back above $89,000 they opened Friday morning. That level, though, has roughly capped every attempt of a breakout throughout the week, with sellers hammering prices back to square one — sometimes within minutes and sometimes over the course of a few hours.

The largest crypto for the moment is holding fairly steady ahead of the pre-holiday weekend, trading at $88,400, up 0.3% over the past 24 hours.

Ether ETH$2,988.71 bounced to just shy of $3,000, up 1% over the past day, while Solana's SOL SOL$127.07 and SUI$1.4315 lead the overnight rebound among altcoins.

U.S. equities are having another strong session, led by the Nasdaq's 1% gain, with AI bellwethers Nvidia, Oracle and AMD rising 3%-6%.

Read more: Oracle TikTok deal lifts AI mining stocks

Digital asset-related stocks followed suit in the rebound. Ethereum treasury firm BitMine (BMNR) advanced almost 8%, while Galaxy Digital (GLXY) and stablecoin issuer Circle (CRCL) were each up around 3%.

Strategy (MSTR), the largest corporate BTC holder, also bounced more than 3%, pushing its multiple to net asset value (mNAV) to 1.09.

Meanwhile, BitDigital (BTBT) is up 10% following news related to WhiteFibre (WYFI), has signed a 10-year, 40MW colocation agreement with Nscale, valued at approximately $865 million. BitDigial owns roughly 70% of WhiteFibre (itself ahead 11%), amplifying the positive impact on BTBT shares.

• As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
• GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
• Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

• Citigroup's base case for bitcoin (BTC) is a rise to $143,000 in 12 months.
• Analysts highlight $70,000 as key support, with the potential for a sharp rise due to revived ETF demand and positive market forecasts.
• The bear case sees bitcoin falling to $78,500 amid a global recession, while the bull case predicts a rise to $189,000 due to increased investor demand.

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