Bitcoin held near $89,127 in thin Boxing Day trade as Asian stocks edged higher and silver stayed in the spotlight after notching fresh record highs this week, with investors still leaning into the year-end risk bid.
With several Asia Pacific exchanges shut for the holiday, investors took cues from the last full session, when MSCI’s broadest index of Asia Pacific shares outside **** an rose 0.35%.
Crypto traders framed the quieter tape as a liquidity story as much as a macro one. Gabriel Selby, head of research at CF Benchmarks, said Bitcoin remained pinned under a key level as markets drift