Leading cryptocurrencies stagnated on Christmas Day amid thin liquidity, while stock futures inched higher.



<figure class="wp-block-table"><table><thead><tr><th>Cryptocurrency</th><th>Gains +/-</th><th>Price (Recorded at 8:35 p.m. ET)</th></tr></thead><tbody><tr><td>Bitcoin (CRYPTO: BTC)</td><td>-0.43%</td><td>$87,267.64</td></tr><tr><td>Ethereum (CRYPTO: ETH)                </td><td>-0.91%</td><td>$2,916.07</td></tr><tr><td>XRP (CRYPTO: XRP)                         </td><td>-1.15%</td><td>$1.83</td></tr><tr><td>Solana (CRYPTO: SOL)                         </td><td>-1.51%</td><td>$120.58</td></tr><tr><td>Dogecoin (CRYPTO: DOGE)                         </td><td>-3.25%</td><td>$0.1240</td></tr></tbody></table></figure>



<h2>Crypto Market Lags On Xmas</h2>



Bitcoin pushed toward $88,500 early on Christmas Day but failed to sustain a decisive rally, slipping back below $87,000 by evening. Trading volume remained thin, falling 14% over the last 24 hours.



Ethereum failed to cross $3,000, retreating to the early $2,900 region overnight. XRP and Dogecoin fell 1.15% and 1.51%, respectively.



Over $138 million was liquidated from the cryptocurrency market in the last 24 hours, according to Coinglass, with the majority of it coming from long liquidations.



Bitcoin's open interest fell 0.94% in the last 24 hours as short positions for the leading cryptocurrency exceeded longs, according to the Long/Short ratio.



The &#34;Extreme Fear&#34; sentiment persisted in the market, according to the Crypto Fear and Greed Index.



Top Gainers (24 Hours) 



<figure class="wp-block-table"><table><tbody><tr><td>Cryptocurrency (Market Cap&gt;$100 M)</td><td>Gains +/-</td><td>Price (Recorded at 8:35 p.m. ET)</td></tr><tr><td>0G (0G )   </td><td>+37.20%</td><td>    $1.19</td></tr><tr><td>Quantum Resistant Ledger (QRL )                 </td><td>+16.47%</td><td>      $3.26</td></tr><tr><td>Stable (STABLE )          </td><td>+15.38%</td><td>      $0.01084</td></tr></tbody></table></figure>



The global cryptocurrency market capitalization stood at $2.94 trillion, following a drop of 0.85% in the last 24 hours.



<h2>Will Santa Rally Continue?</h2>



Stock futures ticked higher Thursday evening. The Dow Jones Industrial Average Futures rose 15 points, or 0.03%, as of 8:20 p.m. EDT.  Futures tied to the S&amp;P 500 gained 0.07%, while Nasdaq 100 Futures added 0.11%.



The market witnessed a Santa rally on Christmas Eve as the S&amp;P 500 closed at a new record high on Wednesday, while the Dow Jones Industrial Average and the tech-focused Nasdaq Composite also closed higher.



The New York Stock Exchange and the Nasdaq Exchange were closed Thursday for Christmas and will resume regular trading on Friday.



<h2>What’s Next For Bitcoin?</h2>



Michaël van de Poppe, a widely followed cryptocurrency commentator, expected Bitcoin to revisit $90,000 or higher during the weekend or next week.



&#34;I think commodities are overdue and liquidity will move elsewhere + loosening conditions on the [macroeconomic] side of this world,&#34; the analyst added.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div>
<blockquote>I'll continue to update the same chart. As you can see, the crucial resistance zone at $90,000 wasn't possible to break upwards. Therefore, #Bitcoin had to come back down again to find enough buy pressure on crucial levels: $86,500. That held. It remains to be holiday… pic.twitter.com/Ac7S0CChqd— Michaël van de Poppe (@CryptoMichNL) December 25, 2025</blockquote>
</div></figure>



Ted Pillows, an angel investor and cryptocurrency market observer, said that Bitcoin's daily close above the $89,500 level will drive the asset toward the $100,000 level.



Conversely, a daily close below $85,000 risks pulling Bitcoin below $80,000, the analyst projected.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div>
<blockquote>$BTC decision time is very close. A daily close above the $89,500 level will trigger a rally towards the $100,000 level. A daily close below the $85,000 level will dump BTC below the $80,000 zone. pic.twitter.com/PozqV2lUkd— Ted (@TedPillows) December 25, 2025</blockquote>
</div></figure>



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Photo Courtesy: KateStock on Shutterstock.com

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Leading cryptocurrencies, including Bitcoin, Ethereum, XRP, and Dogecoin, stagnated on Christmas Day amid thin liquidity. Bitcoin's price hovered around $87,000, with analysts predicting a potential rally towards $100,000 if it closes above $89,500. The global cryptocurrency market cap fell by 0.85% to $2.94 trillion. Stock futures showed slight gains, continuing the Santa rally. Analysts suggest Bitcoin's next move depends on its daily close, with potential for significant price shifts.

Bitcoin, Ethereum, XRP, Dogecoin Skip Santa Rally As Prices Slip: Analyst Says BTC Daily Close Above This Level Will Trigger Move Toward $100,000