Bloomberg: Bitcoin failed to follow Wall Street's optimism, hovering around $87,000.
TL;DR
Bitcoin remained stagnant around $87,000 despite Wall Street's year-end optimism, missing the typical holiday market surge and showing little recovery.
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[Bloomberg: Bitcoin Failed to Follow Wall Street's Optimism, Hovering Around $87,000] According to a Bloomberg report on December 24th, Bitcoin seems to have missed the Christmas cheer. While traditional financial markets saw a surge in the final days of the year driven by seasonal optimism, the world's largest cryptocurrency by market capitalization remained virtually stagnant. Bitcoin is currently trading firmly within the $85,000 to $90,000 range, showing almost no signs of recovery—this asset, which should be known for its hype, volatility, and disruptive potential, has stagnated at the year's end.