Santa Rally Hopes Fade as Bitcoin Jumps to $90K, Then Falls Even Harder – Decrypt

Dec 17, 2025 - 22:15
Santa Rally Hopes Fade as Bitcoin Jumps to $90K, Then Falls Even Harder – Decrypt
In brief Bitcoin briefly hit $90,000 before falling to nearly $85,000, with $155 million in derivatives liquidated. Prediction market odds of BTC reaching $100,000 dropped from 68% to 57% on Myriad. Bitcoin ETFs saw $634 million in outflows this week amid rising unemployment and Japan rate hike fears. A brief Bitcoin rally to $90,000 early...

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