Liquidity Evaporates as BTC Hovers Near $88K; BitMine Stakes $1B ETH
Yahoo Finance·2025-12-31 06:54

Crypto markets have entered a deep freeze. Bitcoin rose slightly by 1.12% to 88,224onTuesday,whileEthereumwashoveringat88,224 on Tuesday, while Ethereum was hovering at 2,967. Trading volumes across major altcoins have hit their lowest levels of 2025. Institutional metrics, however, contradict the price action. BitMine’s 1BETHStake:ABullishIndicatorAmidstMarketChillBitMineImmersionTechnologiesstaked342,560ETH(valuedat 1B ETH Stake: A Bullish Indicator Amidst Market Chill BitMine Immersion Technologies staked 342,560 ETH (valued at ~1B) over the weekend. On-chain data confirms that the move pushed the Ethereum validator entry queue to nea ...