Bitcoin bulls are pushing to overcome this week’s volatile trading that has repeatedly capped gains near $90,000.
Bitcoin (BTC $89,961.91) is attempting to break a persistent pattern of U.S.-hour sell pressure. After dipping below $85,000 late Thursday, BTC rebounded following U.S. market close, climbing above $89,000 by Friday morning. However, the $89,000–$90,000 range has consistently acted as a ceiling this week, with sellers quickly reversing each breakout attempt.
Heading into the pre-holiday weekend, bitcoin is trading steadily around $88,400, up 0.3% over the past 24 hours.
Ethereum (ETH $3,051.97) rose close to $3,000, gaining 1% over the past day, while Solana (SOL $127.99) and SUI ($1.4844) led overnight altcoin gains.
Crypto-related stocks also climbed. BitMine (BMNR), an Ethereum treasury firm, surged nearly 8%, while Galaxy Digital (GLXY) and stablecoin issuer Circle (CRCL) each gained about 3%. MicroStrategy (MSTR), the largest corporate bitcoin holder, rose over 3%, pushing its multiple to net asset value (mNAV) to 1.09.
BitDigital (BTBT) jumped 10% after announcing that its WhiteFibre (WYFI) subsidiary signed a 10-year, 40MW colocation agreement with Nscale, valued at roughly $865 million. BitDigital owns approximately 70% of WhiteFibre, which itself gained 11%, amplifying the impact on BTBT shares.
