BONK Edges Higher as Narrow-Range Trading Holds Above Key Support

Bitcoin's price is expected to remain below $95,000 as low liquidity in December may limit its recovery rally, according to analyst Paul Howard. This situation could lead to rangebound trading for Bitcoin, which may inadvertently benefit smaller altcoins in the market.

Coinbase and Chainlink have launched a Base-Solana bridge, utilizing Chainlink's Cross-Chain Interoperability Protocol, enabling users to trade and interact with Solana-based tokens on Base-based decentralized applications (dapps).

Bitcoin's correlation with the Nasdaq 100 has shown a negative trend, suggesting that a market bottom may be forming for the fourth time in five years. This historical pattern indicates that Bitcoin often finds its lowest points when its relationship with the Nasdaq weakens.

BNB is currently trading near $910, with a significant volume increase of 68%, indicating growing market interest as it approaches a resistance zone between $920 and $928. A successful breakout above this range could propel BNB towards the $1,000 mark.

Recent outflows from U.S.-listed spot Bitcoin ETFs, totaling approximately $4 billion, were primarily attributed to specific arbitrage trade closures rather than widespread institutional panic. This indicates a more calculated market response rather than a reaction to broader market fears.

Internet Computer (ICP) has experienced a rise as broader market consolidation has kept its price action within key support and resistance levels, indicating a potential upward trend. This movement aligns with a growing interest in cross-chain narratives within the cryptocurrency sector.

Systematic crypto yield products are gaining traction as a viable option for generating cash-flow-based returns, positioning themselves as a sustainable bridge to mainstream investment portfolios. This trend reflects a growing acceptance of cryptocurrency within traditional financial frameworks.

MoneyGram has partnered with Fireblocks to enhance its global payment systems by integrating stablecoin settlements and programmable treasury tools, aiming to modernize its financial infrastructure. This collaboration is expected to streamline transactions and improve operational efficiency across its network.