December 26 Cryptocurrency Market Brief: Bitcoin remains at $88,000, with $892 million in leveraged positions liquidated

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Source: TokenPost Original Title: December 26th Commuting Podcast — Bitcoin Maintains $88,000… Focus on Altcoin Liquidations, Continued Mixed Market Original Link: 12月 26日 出勤路 播客 — 比特币 8.8万 美元 维持…山寨币 清算 集中, 混合 行情 继续

Bitcoin slightly rebounds at the $88,000 level, showing a stable trend. In the past 24 hours, leveraged positions totaling $892 million were liquidated, leading to increased market volatility.

As of December 26, 2025, in the cryptocurrency market, Bitcoin rose to $88,094.22, continuing a slight upward momentum; Ethereum also increased slightly to $2,954.78. In comparison, altcoins showed mixed performance, and the overall market remains in a wait-and-see mood.

Major Asset Performance:

  • Bitcoin: up 0.68% from the previous day, at $88,094.22
  • Ethereum: up 0.36%, at $2,954.78
  • Rising coins: Solana(+0.55%), Ripple(+0.58%), Cardano(+0.96%)
  • Falling coins: Dogecoin(-0.79%), BNB(-0.73%), TRON(-0.81%)

The total market capitalization is $2.9694 trillion, with Bitcoin dominance at 59.24% and Ethereum dominance at 12.01%.

Trading Activity Declines:

Total market trading volume in the past 24 hours is $60.5 billion, down from the previous day. Among them:

  • DeFi trading volume: $9.3 billion, down 12.99% MoM
  • Stablecoin trading volume: $59.6 billion, down 27.51% MoM
  • Derivatives trading volume: $625.4 billion, down 26.46% MoM

All major sectors show signs of contraction.

Liquidation Situation:

During the same period, leveraged positions totaling $892 million were liquidated, with long positions dominating. A major exchange liquidated approximately $4.2 million, the largest scale. By currency:

  • Bitcoin: $24.33 million (most affected)
  • Ethereum: $11.41 million
  • Other currencies like Solana also experienced concentrated liquidations

This has intensified market volatility.

Policy and Ecosystem Developments:

According to the industry annual report, the cryptocurrency sector has made significant progress in institutional entry and regulatory clarity, though price performance has been relatively limited. Solana and BNB mainly play speculative roles, while Ethereum is gradually establishing itself as a data availability hub.

Technical Focus:

Early Bitcoin holder addresses have expanded their long positions on Solana, increasing expectations for future price fluctuations. Additionally, the expansion of altcoin ETFs and growth of layer-two ecosystems (such as Base) have also attracted market attention.

BTC1.27%
ETH1.42%
XRP0.64%
DOGE-0.71%
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