Bitcoin Trades Near $89,000 Amid Thin Trading; Stocks and Silver Reach Record Highs in Asia Market
On Boxing Day, December 25, 2025, Bitcoin traded around $89,127, marking an increase of about 1.5%. Despite the gain, Bitcoin remained below the $90,000 mark, with price action forming a bearish wedge pattern amid a seasonal liquidity lull.
In the Asia-Pacific region, stocks edged higher as several exchanges were closed for the holiday. The MSCI Asia-Pacific ex-Japan index rose by 0.35% in the last full session. Meanwhile, the total cryptocurrency market capitalization increased by 0.9%, reaching approximately $3.07 trillion.
Spot silver prices reached an all-time high near $74.89 per ounce, while gold traded near its all-time high around $4,480 per ounce, with records above $4,500 noted. The strong performance of these precious metals was supported by defensive demand driven by sectors including solar, electric vehicles (EVs), and data centers. Tight mine supply and geopolitical tensions further underpinned safe-haven assets.
In the United States, equities closed higher in a holiday-shortened session, with the Dow Jones Industrial Average rising 0.60% and the S&P 500 increasing 0.32%. This contributed to year-end risk appetite and sustained the Santa Claus rally narrative. Geopolitical tensions, including U.S. pressure on Venezuelan oil flows, added to the bid for defensive assets globally.
