Bitcoin Tops $90K as U.S. Buying Returns and Tax-Drag Eases

Bitcoin climbed above $90,000 in New York trading, reaching $90,742 as fourth-quarter sell pressure tied to tax-loss harvesting eased.

CoinGlass data shows futures open interest at $130 billion. MicroStrategy’s Dec. 29 purchase helped support the current range, while resistance sits near $92,500.

Polymarket places the odds of Bitcoin reaching $150,000 in 2026 at 26%.

Key Topics

Crypto, United States, Bitcoin, Markets, Trading, Futures, Microstrategy