Bloomberg: Bitcoin Misses Christmas Frenzy with No Signs of Recovery, Price Hovering Around $87,370

According to Bloomberg. While traditional financial markets are experiencing a wave of seasonal optimism at the end of the year, Bitcoin's trading price hovers around $87,370, fluctuating within the range of $85,000 to $90,000, with almost no signs of recovery.

Analysts believe that this asset, built on speculation, volatility, and disruptive factors, has ended the year in stagnation. On-chain data shows that the supply of BTC held for at least two years has decreased by 1.6 million since the beginning of 2023, worth approximately $14 billion, indicating that early holders are cashing out at the fastest rate in recent years.