BTC retraces as year-end cooldown hits gold, silver, and stocks
The year-end market cooldown highlights the volatility and interconnectedness of global financial assets, impacting future investment strategies.
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Bitcoin’s attempt to hold $90K didn’t last long. As global markets opened the final trading week of the year, equities and metals turned red, dragging crypto down with them. BTC retraced to $87K on Monday morning while the S&P 500 and Nasdaq opened 0.5% lower.
Even gold and silver, which have been running hot all month, finally cooled off from all-time highs. Silver dropped from $84 to $72, while gold slipped from its Sunday peak of $4,550 to $4,340. Thin year-end liquidity, tax-loss selling, and overbought conditions are likely all playing a role.
Still, major digital asset treasuries aren’t slowing down. Strategy resumed buying last week, adding over 1,200 BTC after boosting its cash reserves earlier this month. BitMine crossed 4.1 million ETH and continues to stake aggressively as it works toward its 5% ETH supply goal. With little price movement and most traders offline, these quiet accumulation moves are setting the stage for next year.
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Bitcoin drops to $87K as global markets cool into year-end
Bitcoin rose to $90K on Sunday but fell to $87K by Monday, tracking a broader market cool-down as global equities and metals also pulled back in the final stretch of the year. The S&P 500 and Nasdaq opened down 0.5% each, while gold and silver finally gave back gains after setting record highs over the weekend. Silver hit an all-time high above $84 on Sunday but fell to $72 by Monday morning. Gold followed a similar pattern, dropping from $4,550 to $4,340.
Crypto markets are down about 1% overall, with majors flat and volume light. After a strong December for TradFi, the selloff looks like a year-end cooldown driven by low liquidity and overbought conditions.
Strategy adds 1,229 BTC as BitMine crosses 4.1M ETH
Strategy resumed its Bitcoin buying last week, acquiring 1,229 BTC for $108.8 million at an average price of $88,568. That brings the company’s total holdings to 672,497 BTC, worth over $58 billion, with an average purchase price of $74,997. The buy was funded through the sale of Class A common stock.
BitMine also continued expanding its ETH holdings, announcing on Monday that it now holds 4,110,525 ETH, roughly 3.41% of the total supply. The company also holds 192 BTC, $1 billion in cash, and $23 million in equity stakes, bringing its total balance sheet to $13.2 billion. BitMine has staked over 408,000 ETH and plans to expand that under its Made in America Validator Network initiative, launching in 2026.
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$GLORIA CHECK-IN
Gloria isn’t taking a break as the year winds down. The team keeps building, the terminal keeps pushing, and the $GLORIA token is slowly but steadily climbing. It’s now reclaimed the $600K market cap level, grinding upward while everything else slows down.
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As we wrap up the year, the Crypto Briefing team sends you our warmest wishes for a bright and bullish 2026. See you in the next Briefing!
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