Bitcoin prices have stabilized around $90,000 after briefly dipping below $85,000 last week, according to Wintermute's latest market update. The cryptocurrency market experienced over $2 billion in liquidations, with leveraged funds being squeezed out. Despite this volatility, Bitcoin's dominance is rising as institutional funds continue to flow in, and retail investors shift from altcoins to mainstream cryptocurrencies like BTC and ETH.
Market activity is expected to decrease during the year-end holidays, with prices likely to fluctuate within a range. In the medium to long term, the entry of traditional financial institutions may provide stronger market support, despite current short-term volatility.
Bitcoin Stabilizes Around $90,000 Amid Year-End Liquidity Calm
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