Crypto Markets End The Year Cautiously As Bitcoin, Ethereum Consolidate
The cryptocurrency market is closing out the year on a guarded note, with Bitcoin and Ethereum trading sideways amid thinning liquidity, year-end profit-taking and subdued investor sentiment.
As the final trading sessions of the year unfold, the world’s two largest digital assets are showing resilience above key support levels, but lack the momentum needed for a decisive breakout.
Bitcoin is trading just below US$89,000, consolidating within a narrow range after recent pullbacks. The price action reflects a market caught between long-term conviction and short-term caution, as institutional and retail participants rebalance portfolios ahead of the new year.
Despite intraday volatility, Bitcoin has managed to defend critical…
