GM, Crypto Briefers!

The Christmas chop continues. Bitcoin opened Monday with a quiet rally back to $90K, ending a dull weekend stuck near $88K. With traders and institutions logging off for the holidays, liquidity is thinning fast, but BTC doesn’t take time off.

The jump has some speculating whether a Santa rally is forming, though the broader market is still mixed. ETH is (again) back at $3K, SOL is flat, and XRP is hovering near $1.93. Meanwhile, gold hit a fresh all-time high above $4,400, and silver continues climbing near $70, signaling that most investors are still hedging into year-end rather than chasing risk.

That hasn’t stopped the biggest corporate treasuries from buying. Strategy raised nearly $750 million last week to pad its cash reserve, now $2.2 billion. BitMine crossed 4 million ETH after a $300 million purchase, bringing its ETH holdings to 3.37% of total supply. With crypto volumes low and sentiment cooling, the accumulation meta continues, quietly, but with size.