“Bitcoin bulls are putting up a fight on Friday to break this week’s choppy action that has capped all advances at around $90,000.”, — write: www.coindesk.com
Dipping below $85,000 late on Thursday afternoon, BTC once again climbed after US markets closed, pushing back above $89,000 they opened Friday morning. That level, though, has roughly capped every attempt at 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$2,989.58 bounced to just shy of $3,000, up 1% over the past day, while Solana’s SOL SOL$126.96 and SUI$1.4843 led the overnight rebound among altcoins.
CoinDesk 20 performance from Thursday’s US equity market close. (CoinDesk)
US equities are having another strong session, led by the Nasdaq’s 1% gain, with AI bellwethers Nvidia, Oracle and AMD rising 3%-6%.
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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 of 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.
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The Wall Street bank said its bitcoin forecast relies on further crypto ETF inflows and a continued rally in traditional equity markets.
- 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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