{"id":92719,"date":"2025-12-29T10:27:04","date_gmt":"2025-12-29T07:27:04","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=92719"},"modified":"2025-12-29T10:31:38","modified_gmt":"2025-12-29T07:31:38","slug":"bitcoin-climbs-back-above-90000-amid-precious%e2%80%91metals-rally-and-a-weaker-dollar","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bitcoin-climbs-back-above-90000-amid-precious%e2%80%91metals-rally-and-a-weaker-dollar\/","title":{"rendered":"Bitcoin climbs back above $90,000 amid precious\u2011metals rally and a weaker dollar"},"content":{"rendered":"<p>On December 29, the price of the leading cryptocurrency cleared $90,000. Ether followed the market bellwether, rising above $3,000.<\/p>\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"624\" data-id=\"272690\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-2258677f57ba9452-2209135639866067-1024x624.png\" alt=\"Hourly chart BTC\/USDT on Binance, 2025-12-29 09:27:45\" class=\"wp-image-272690\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-2258677f57ba9452-2209135639866067-1024x624.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-2258677f57ba9452-2209135639866067-300x183.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-2258677f57ba9452-2209135639866067-768x468.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-2258677f57ba9452-2209135639866067.png 1429w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Hourly chart BTC\/USDT on Binance. Source: <a href=\"http:\/\/tradingview.com\/symbols\/BTCUSDT\/\">TradingView<\/a>.<\/figcaption><\/figure>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"625\" data-id=\"272689\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-d2f58de2dc6afbfc-2209135547887061-1024x625.png\" alt=\"Hourly chart ETH\/USDT on Binance, 2025-12-29 09:31:24\" class=\"wp-image-272689\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-d2f58de2dc6afbfc-2209135547887061-1024x625.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-d2f58de2dc6afbfc-2209135547887061-300x183.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-d2f58de2dc6afbfc-2209135547887061-768x468.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-d2f58de2dc6afbfc-2209135547887061.png 1428w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Hourly chart ETH\/USDT on Binance. Source: <a href=\"https:\/\/www.tradingview.com\/chart\/?symbol=BINANCE%3AETHUSDT\">TradingView<\/a>.<\/figcaption><\/figure>\n<\/figure>\n<p>At the time of writing, the digital gold is trading at $89,996 and ether at $3,037.<\/p>\n<p>ReserveOne Inc.\u2019s chief investment officer Sebastian Bea <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-12-29\/bitcoin-btc-breaks-above-90-000-as-traders-bet-on-new-year-rebound\">linked<\/a> the current impulse to retail participation. In his view, the upswing is being driven by short-term traders adding positions in the futures market.<\/p>\n<p>The rebound in leading assets turned the top ten cryptocurrencies by market value green. Altcoins are posting gains, clawing back recent declines.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"272\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-5e996b9c7da656ce-2209241988768907-1024x272.png\" alt=\"Screenshot 2025-12-29 09:32:54\" class=\"wp-image-272691\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-5e996b9c7da656ce-2209241988768907-1024x272.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-5e996b9c7da656ce-2209241988768907-300x80.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-5e996b9c7da656ce-2209241988768907-768x204.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-5e996b9c7da656ce-2209241988768907-1536x408.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/img-5e996b9c7da656ce-2209241988768907.png 1609w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/www.coingecko.com\/\">CoinGecko<\/a>.<\/figcaption><\/figure>\n<p>The sharp leg higher triggered a wave of liquidations totalling $169.86 million, $45.37 million of which were in ether.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"358\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-f8aa521879c69375-2209259337938625-1024x358.png\" alt=\"Screenshot 2025-12-29 09:34:23\" class=\"wp-image-272692\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-f8aa521879c69375-2209259337938625-1024x358.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-f8aa521879c69375-2209259337938625-300x105.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-f8aa521879c69375-2209259337938625-768x269.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-f8aa521879c69375-2209259337938625.png 1375w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/www.coinglass.com\/LiquidationData\">CoinGlass<\/a>.<\/figcaption><\/figure>\n<p>Despite the bounce in prices, market sentiment remains subdued. <a href=\"https:\/\/forklog.com\/en\/news\/what-is-cryptos-fear-and-greed-index\">A popular indicator<\/a> has signalled \u201cextreme fear\u201d for 16 straight days.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-95fb5adebcc0f93b-2209277692415813.webp\" alt=\"Screenshot 2025-12-29 09:40:46\" class=\"wp-image-272693\"\/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/alternative.me\/crypto\/fear-and-greed-index\/\">Alternative<\/a>.<\/figcaption><\/figure>\n<p>Crypto investor and blogger Lark Davis noted that bitcoin is just 3% below its yearly open. A so\u2011called post\u2011halving annual candle has never closed red.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">3 days till the Bitcoin yearly candle closes<a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a> has never closed a post-halving year candle as red in its history <\/p>\n<p>Right now Bitcoin is down 3% from its yearly open at $93,400<\/p>\n<p>Can Bitcoin push above the yearly open in the next 3 days? <a href=\"https:\/\/t.co\/0rbF85OkCQ\">pic.twitter.com\/0rbF85OkCQ<\/a><\/p>\n<p>\u2014 Lark Davis (@LarkDavis) <a href=\"https:\/\/twitter.com\/LarkDavis\/status\/2005514085627253120?ref_src=twsrc%5Etfw\">December 29, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2 class=\"wp-block-heading\">Silver and gold<\/h2>\n<p>On December 28, silver reached an all\u2011time high, coming close to $84. Gold also set a record, rising to $4,530.<\/p>\n<p>The Kobeissi Letter highlighted extreme silver volatility over the weekend. The price action resembled crypto: a sharp spike followed by a rapid drop.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Absolute insanity in silver right now:<\/p>\n<p>At 6:20 PM ET, just 20 minutes after futures opened, silver prices surged to a record high of $83.75, up +6%.<\/p>\n<p>By 7:30 PM ET, silver prices fell to a low of $75.15, erasing -10% of its value in 70 minutes.<\/p>\n<p>Buckle up for a crazy week. <a href=\"https:\/\/t.co\/DmS0qMvwC4\">pic.twitter.com\/DmS0qMvwC4<\/a><\/p>\n<p>\u2014 The Kobeissi Letter (@KobeissiLetter) <a href=\"https:\/\/twitter.com\/KobeissiLetter\/status\/2005452517954768925?ref_src=twsrc%5Etfw\">December 29, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cAbsolute insanity in silver. At 6:20 PM ET, just 20 minutes after futures opened, the price jumped to a record $83.75 (+6%). By 7:30 PM ET, quotes fell to a low of $75.15, losing 10% of value in 70 minutes,\u201d the analysts noted.<\/em><\/p>\n<\/blockquote>\n<p>Analysts linked the metals rally to an upcoming change of leadership at the <span data-descr=\"U.S. Federal Reserve System\" class=\"old_tooltip\">the Fed<\/span> in 2026. Markets expect the new chair to be aligned with U.S. President Donald Trump\u2019s policy and to move toward rate cuts.<\/p>\n<p>Prices are also supported by strong industrial demand and hedging of inflation risks (the so\u2011called \u201cdevaluation\u201d trade in the dollar).<\/p>\n<h2 class=\"wp-block-heading\">Bitcoin vs precious metals: the long view<\/h2>\n<p>Despite the current lull in cryptocurrencies, over longer horizons digital assets have far outpaced metals.<\/p>\n<p>Analyst Adam Livingston calculated that since 2015 bitcoin has risen 27,701%. Over the same period, silver gained just 405% and gold 283%.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Bitcoin vs. Silver vs. Gold since January 1st, 2015:<\/p>\n<p>Silver: 405%<br \/>Gold: 283%<br \/>Bitcoin: 27,701%<\/p>\n<p>Even ignoring the first 6 years of Bitcoin&#8217;s existence for the crybabies who whine about the timeframe comparison\u2026<\/p>\n<p>\u2026gold and silver drastically underperform the APEX ASSET.\u2026 <a href=\"https:\/\/t.co\/vdAnatqRKG\">pic.twitter.com\/vdAnatqRKG<\/a><\/p>\n<p>\u2014 Adam Livingston (@AdamBLiv) <a href=\"https:\/\/twitter.com\/AdamBLiv\/status\/2004980748961415441?ref_src=twsrc%5Etfw\">December 27, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Noted crypto critic Peter Schiff disagreed, proposing a four\u2011year, not ten\u2011year, comparison. In his view, \u201cBitcoin\u2019s time has passed.\u201d<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p lang=\"en\" dir=\"ltr\">Now do the last four years only. Times have changed. Bitcoin&#8217;s time has passed.<\/p>\n<p>\u2014 Peter Schiff (@PeterSchiff) <a href=\"https:\/\/twitter.com\/PeterSchiff\/status\/2005005617346629850?ref_src=twsrc%5Etfw\">December 27, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Matt Golliher, co\u2011founder of Orange Horizon Wealth, joined the discussion. He pointed to a fundamental issue in commodities: when prices rise, mining at previously uneconomic deposits becomes profitable. The resulting increase in supply pushes prices back down\u2014a mechanism bitcoin lacks, thanks to its fixed issuance.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Good reminder for 2025:<\/p>\n<p>The long-term price of any commodity tends to converge with its marginal cost of production.<\/p>\n<p>When the price increases, production of it increases, inflating the supply faster and bringing the price back down.<\/p>\n<p>Unless, of course, it has a fixed supply\u2026<\/p>\n<p>\u2014 Matt Golliher (@MattGolliher) <a href=\"https:\/\/twitter.com\/MattGolliher\/status\/2005016461140771067?ref_src=twsrc%5Etfw\">December 27, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Amid debate over the best store of value, the U.S. dollar is set to end 2025 with its worst performance in almost a decade. Host Ethan Ralph noted an almost 10% drop in the U.S. Dollar Index (DXY).<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Friendly reminder that the US Dollar is having it&#8217;s worst performance in almost a decade. <a href=\"https:\/\/t.co\/DGqluGGTqZ\">pic.twitter.com\/DGqluGGTqZ<\/a><\/p>\n<p>\u2014 Ethan Ralph (@TheRalphRetort) <a href=\"https:\/\/twitter.com\/TheRalphRetort\/status\/2003532213548384287?ref_src=twsrc%5Etfw\">December 23, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cThe decline in the dollar and the Fed\u2019s inflationary policy will serve as a positive catalyst for gold, silver and bitcoin,\u201d \u2014 <\/em><a href=\"https:\/\/cryptohayes.substack.com\/p\/love-language\"><em>argues<\/em><\/a><em> former BitMEX CEO Arthur Hayes.<\/em><\/p>\n<\/blockquote>\n<p>Earlier, Bitwise chief investment officer Matt Hougan <a href=\"https:\/\/forklog.com\/en\/news\/bitwise-cio-predicts-steady-bitcoin-returns-over-the-next-decade\">believes<\/a> that over the next ten years bitcoin will continue to deliver high returns, though large year\u2011to\u2011year swings are unlikely.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On December 29 bitcoin cleared $90,000; ether rose above $3,000.<\/p>\n","protected":false},"author":1,"featured_media":92720,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Bitcoin reclaimed $90,000 as precious metals rallied and the dollar weakened.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[480,46,536],"class_list":["post-92719","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-price","tag-ethereum","tag-gold"],"aioseo_notices":[],"amp_enabled":true,"views":"138","promo_type":"1","layout_type":"1","short_excerpt":"Bitcoin reclaimed $90,000 as precious metals rallied and the dollar weakened.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/92719","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=92719"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/92719\/revisions"}],"predecessor-version":[{"id":92721,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/92719\/revisions\/92721"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/92720"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=92719"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=92719"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=92719"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}