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23/12/25 06:24 UTC-04

Bitcoin ends the year with its worst quarter since 2018 — CoinGlass

According to CoinGlass, the total decline in the value of the leading cryptocurrency amounted to about 23%, falling from a peak of $126,000 in early October to current levels. As of December 23, the price is hovering around $87,000, which is 30% below its annual high.

Experts note that the cryptocurrency market did not see the traditional Christmas rally, while its total market capitalization fell below $3 trillion, indicating that the majority of traders are unwilling to take on investment risks, as well as reflecting overall market fatigue.

Analysts believe the reasons for the decline are linked to global uncertainty, as heightened geopolitical tensions have reduced crypto investors’ risk tolerance, and the Federal Reserve’s interest rate cut in December failed to stimulate demand for digital assets.

In addition, the Bank of Japan’s rate hike to 0.75% played a role, increasing pressure on the crypto market and triggering heightened volatility in altcoins such as Ether and Solana. Furthermore, on-chain data show that Bitcoin’s hashrate declined by 4% by mid-December, marking the worst monthly drop since April 2024.

Earlier, Galaxy Digital’s head of research Alex Thorn stated that the upcoming year 2026 could be turbulent for Bitcoin due to economic and political risks, while the lack of a clear trend in the crypto market may create a challenging environment for the price dynamics of the leading cryptocurrency.

See also: "Bitcoin Price Today: Rises to $89K Amid Expectations of Fed Rate Cuts"

#Bitcoin (BTC) #Statistic

Editor: Yuliya Soroka
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13/05/26 18:30 UTC-04

What Does On-Chain Data Tell Us After Today’s Latest Bitcoin Price Drop?

While Bitcoin traded at around $79,650 over the past 24 hours, the derivatives market experienced a sharp wave of liquidations. According to the data, positions worth a total of $158.53 million were liquidated during the last 24 hours, of which $142.59 million came from long positions. Short liquidations accounted for $15.93 million. As a result, approximately 89.9% of all liquidations were long positions, pointing to a sudden panic sell-off in the market.