{"id":64413,"date":"2025-12-19T14:31:39","date_gmt":"2025-12-19T14:31:39","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=64413"},"modified":"2025-12-19T14:31:39","modified_gmt":"2025-12-19T14:31:39","slug":"bitcoins-price-slumps-before-christmas-despite-strong-cpi-data-your-weekly-crypto-recap","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=64413","title":{"rendered":"Bitcoin\u2019s Price Slumps Before Christmas Despite Strong CPI Data: Your Weekly Crypto Recap"},"content":{"rendered":"
\n

2025 is rapidly coming to an end, and even though it was quite spectacular for a large part, it\u2019s likely to turn out to be a red year for BTC. The past week or so didn\u2019t help the cryptocurrency either.<\/p>\n

Recall that the asset was already rejected at $94,500 on a couple of occasions during the previous business week when the US Federal Reserve cut<\/a> the interest rates. Then, all eyes turned on the following several days due to the release of more key economic data, as volatility was expected<\/a> to be quite high.<\/p>\n

The business week began on the wrong foot as BTC was pushed south by several grand on Monday afternoon. It dropped<\/a> from $90,000 to under $86,000 within just a few hours. It tried to recover some ground and exploded on Wednesday to almost $90,500. However, this turned out be another fake-out and bitcoin quickly lost all the momentum, dumping below $85,500.<\/p>\n

The community turned its focus on Thursday\u2019s release of CPI data in the US. Although both the core and regular Consumer Price Index showed<\/a> a lot healthier inflation levels than expected, the positive effects on BTC\u2019s price were very brief. The cryptocurrency jumped immediately from $87,000 to $89,500, where it was stopped again and driven south to a multi-week low of $84,500.<\/p>\n

It managed to find some support there and now sits around $88,000. This means that it has dropped by almost 5% weekly, which is still less than some other big losers, such as ETH (-9%), SOL (-10%), ADA (-14%), LINK (-12%), and HYPE (-18%). XMR is the only exception here, with a weekly increase of 5%.<\/p>\n

Market Data<\/h2>\n
\"Cryptocurrency<\/a>
Cryptocurrency Market Overview Weekly. Source QuantifyCrypto<\/figcaption><\/figure>\n

Market Cap: $3.053T | 24H Vol: $166B | BTC Dominance: 57.5%<\/p>\n

BTC: $88,000 (-4.9%) | ETH: $2,960 (-9%) | XRP: $1.87 (-8.6%)<\/p>\n

This Week\u2019s Crypto Headlines You Can\u2019t Miss<\/h2>\n

Terraform Labs Sues Jump Trading for $4B Over Alleged $1B Profit from Terra Collapse<\/strong>. Jump Trading has been sued<\/a> for $4 billion by Terraform Lab\u2019s court-appointed administrator for secretly profiting from the overall collapse of the Terra ecosystem, including its two native tokens.<\/p>\n

Base Launches Tokenized \u2018Everything App\u2019 for Social, Trading, and Payments<\/strong>. After the beta release of the so-called \u2018Everything app\u2019 in July this year, Coinbase\u2019s new product has officially launched<\/a>, aiming to bring social features, trading, payments, and earning tools together into a single platform.<\/p>\n

Ethereum Network Slumps to 12-Month Low: What the Retail Exodus Means<\/strong>. The world\u2019s second-largest blockchain has seen an evident exodus of retail participants, with the network usage dumping to a yearly low. However, CryptoQuant indicated<\/a> that such previous instances have been used by long-term investors to accumulate ETH quietly.<\/p>\n

Bitcoin (BTC) Has Entered a Bearish Phase, Structural Indicators Confirm<\/strong>. BTC\u2019s price chart for the past two and a half months has been quite painful, showcasing a massive 30+% drop from the October ATH of over $126,000. As such, some analysts argued<\/a> that the asset\u2019s structure has shifted toward a bear market phase.<\/p>\n

China\u2019s Mining Crackdown Drives Bitcoin Hashrate to Three-Month Low<\/strong>. Aside from the struggling price movements, Bitcoin was hit on another front \u2013 the hash rate. The key metric supporting the network\u2019s health has dropped<\/a> to a three-month low as China\u2019s crackdown continues.<\/p>\n

Is Bitcoin Entering a Supercycle? Here\u2019s Why This One Looks Different<\/strong>. Whether or not the bear market has started is still up for debate, but analysts appear convinced that the old four-year cycle is no more. Instead, certain metrics suggest<\/a> that BTC now operates within a single large supercycle.<\/p>\n

The post Bitcoin\u2019s Price Slumps Before Christmas Despite Strong CPI Data: Your Weekly Crypto Recap<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

2025 is rapidly coming to an end, and even though it was quite spectacular for a large part, it\u2019s likely to turn out to be a red year for BTC. The past week or so didn\u2019t help the cryptocurrency either. Recall that the asset was already rejected at $94,500 on a couple of occasions during […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-64413","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/64413","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=64413"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/64413\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=64413"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=64413"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=64413"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}