Early in the week, Bitcoin pushed above $89K, supported by stronger US equities and improving US–China sentiment. Even a brief dip to $86.5K was quickly defended by buyers, and a short-squeeze lifted BTC toward $91K before it settled into the $90.8K–$92.5K range. Early today, BTC tapped a major liquidation cluster below $90K, triggering a swift drop to $87K, but buyers remained active at support. With the Fed officially ending quantitative tightening, liquidity conditions are turning more favourable, and BTC ETFs have seen $221M inflows across 3 of the last 4 days. As long as BTC holds the $86K–$87K zone, a move back toward $89K–$90K remains on the table. ETH followed a similar trajectory, sliding from $3,030 to $2,820 on selling before stabilizing near the $2,830 zone as dip-buyers gradually stepped in.
Among altcoins, RAIN, KAS, and QNT led weekly gains with strong moves of 94.1%, 29.1%, and 20.6%, respectively. In DeFi, Hyperliquid’s new “growth mode” upgrade boosted HIP-3 activity, helping TradeXYZ, a leading tokenized equity market on Hyperliquid, post a record $540M+ in 24-hour trading volume. On the institutional front, Grayscale is preparing to launch the US’s first spot Chainlink ETF, signaling rising demand for exposure to oracle infrastructure.
Visa continued its global blockchain push by expanding USDC-based settlements across Central and Eastern Europe, the Middle East, and Africa through a new partnership with Aquanow, aiming to cut cross-border payment costs and friction. In policy updates, Uzbekistan announced that stablecoin operations will be formally regulated starting January 1, 2026, including a tightly supervised pilot to integrate stablecoins into national payments. Meanwhile, the CFTC granted Polymarket an amended designation, allowing it to operate as a fully regulated US prediction market platform with access via futures commission merchants and traditional brokerages, a major regulatory milestone for on-chain event markets.
#BTCRebound90kNext? #cryptouniverseofficial
