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CryptoMarkets

Bitcoin Edges Toward $89,000 As Crypto Market Cap Reclaims $3 Trillion

Bitcoin (BTC) traded around $88,600 on January 2 as the cryptocurrency remained range-bound between $85,000 and $90,000.

Yellow.com

Publisher

Aug 14, 2026 at 11:37 PM UTC · Updated il y a 5 jours · 2 min de lecture

Bitcoin Edges Toward $89,000 As Crypto Market Cap Reclaims $3 Trillion
Image via Yellow.com

Entities

bitcoin

Market Impact

BTC+7.38%$69,027

Last Updated

il y a 5 jours

Traduction…

Bitcoin (BTC) traded around $88,600 on January 2 as the cryptocurrency remained range-bound between $85,000 and $90,000.

The total cryptocurrency market capitalization reached $3.08 trillion, up 1.2% from the previous day.

Bitcoin spot ETFs recorded their worst two-month stretch with $4.57 billion in combined outflows through November-December.

The cryptocurrency gained approximately 1.3% over 24 hours following a volatile end to 2025.

What Happened

Bitcoin's price has consolidated within a tight $85,000-$90,000 range for two weeks.

U.S. spot Bitcoin ETFs registered $348.1 million in net outflows on December 31.

The 11 spot ETFs posted $1.09 billion in December outflows following $3.48 billion in November outflows.

This marked the largest two-month redemption since the products launched in January 2024.

Bitcoin's price dropped approximately 20% during the November-December period coinciding with ETF outflows.

Ethereum (ETH) traded near $3,000, gaining 1.5% over 24 hours.

Altcoins showed stronger percentage gains with Cardano (ADA) rising 6.3% and Dogecoin (DOGE) climbing 7.1%.

Why It Matters

Bitcoin · 30-day price▲ 4.5%

Bitcoin moved from $66,072.5 to $69,027.3 over the last 30-day period, a gain of 4.5 percent.

Source: Kraken · NewsLayer Markets · Updated il y a quelques secondes

The record ETF outflows reflect declining institutional appetite heading into year-end despite Bitcoin ending 2025 approximately 6% lower.

Market Context

Bitcoin

BTC

$69,027

+7.38% (24H)

Market Cap

$1.39T

24H Volume

$41.2B

24H High

$70,002

View Bitcoin Market Page

Article Intelligence

Key Entities

bitcoin

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