Bitcoin’s Rollercoaster: Will It Ever Break Free? 🎢😂

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In a curious dalliance with destiny, our dear bitcoin finds itself ensnared in a wretched loop, akin to a moth drawn perpetually to a flame that refuses to ignite. The asset once again flirts with the elusive threshold of $90,000, only to be thwarted and sent tumbling back toward the somber embrace of $87,000.

Alas, the altcoin realm mirrors this melancholy dance, with ADA, XMR, MNT, and XLM draped in the somber hues of despair, while CC and ZEC seem to revel in their own private jubilation, blissfully ignoring the surrounding gloom.

BTC’s Tragicomedy Continues

The year draws to a close with a whimper rather than a bang for the once-revered cryptocurrency. At the dawn of December, it found itself stymied at a lofty $94,000, every earnest attempt to transcend this barrier met with disdainful resistance.

Each subsequent rejection has propelled it southward, where it has languished below the $90,000 mark for weeks on end. Since the 15th of December, it has made valiant attempts to breach this frustrating level no fewer than five times-each time met with the resounding “not today!” from the market.

Just yesterday, after a weekend spent in quiet contemplation around $87,000, bitcoin launched yet another offensive, vaulting past $90,000 like a hopeful dreamer. Yet, like a seasoned bear ready to pounce, the market swiftly snatched this ambition away, nudging it back beneath $87,000. It now hovers around $88,000, a mere shadow of its aspirations, as the steadfast wall of $90,000 remains defiantly intact.

The market capitalization remains stagnant at approximately $1.750 trillion, with its dominion over the altcoin populace hovering above 57%, as if to say, “I may falter, but I am still the king!”

CC, ZEC Continue Their Joyous Ascent

Ethereum, too, danced briefly above $3,000 yesterday, only to suffer the same ill fate as its beleaguered counterpart and now languishes beneath that crucial threshold. BNB met its own impasse at $860, while XRP remains trapped in the quagmire below $1.90. SOL, BCH, LINK, and DOGE also share in the daily blues, begrudgingly inching downward.

Cardano’s fate is particularly tragic, shedding over 4% of its value, while MNT has plummeted by more than 5%. XLM and XMR follow suit, teetering down by 3-3.5%. In stark contrast, CC gleefully surges skyward by 7%, now perched at $0.135, while ZEC adds a merry 3.4% to its bounty, nearing the $540 mark.

The total crypto market cap remains a sluggish giant, lumbering along at $3.060 trillion, as if caught in a reverie of uncertainty.

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2025-12-30 13:32