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Bitcoin Reclaims $87,000 Amid Extreme Fear in Crypto Market
L 10%
C 85%
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Bitcoin rose 2% to reclaim the $87,000 level as of December 17, 2025.
Ethereum traded near $2,900, with its price described as range-bound.
Gains were broad-based across multiple sectors including SocialFi, PayFi, RWA, and Layer 1.
Standout moves were observed in tokens such as TON, TEL, OM, and SUI, while AI and NFT tokens lagged.
Price levels and movement references were provided by SoSoValue data.
Despite the positive price movements, the Crypto Fear and Greed Index stood at 16, indicating extreme fear and fragile investor confidence.
Additionally, 10x Research cautioned that optimism surrounding a bullish narrative for 2026 is increasingly disconnected from underlying data.
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* This article has been summarised using Artificial Intelligence and may contain inaccuracies. Please fact-check details with the sources provided.