BTCUSD Today: Gen Z Crypto Gifts Drain Exchange Liquidity — December 24
BTCUSD today is the focus as holiday crypto gifting meets thinner exchange liquidity. BTCUSD trades near $87,609 within an 86,350 to 88,001 intraday range, with many Gen Z crypto gifts driving small buys while self-custody withdrawals reduce order book depth. For Australian traders, holiday hours can widen spreads on BTC/AUD pairs and increase slippage. Technicals are mixed, with RSI at 42.91 and ADX at 34.98, so quick moves can appear around levels near $86,350 support and the $89,354 mid band.
Holiday crypto gifting is reshaping flows
Surveys show Gen Z is open to receiving Bitcoin as a present, which boosts small, recurring buys across major on-ramps. Seasonal interest, gift cards, and micro-purchases can nudge spot demand during…
