Overview
- Bitcoin climbed roughly 4% to around $91,000–$91,400 as traders now assign about an 85% probability to a December Fed rate cut, according to CME FedWatch.
- Arkham Intelligence flagged a 1,163 BTC transfer from a SpaceX-associated wallet to an address routed to Coinbase Prime, with the intent not disclosed and total tracked holdings near 6,095 BTC.
- After weeks of outflows, U.S. spot Bitcoin ETFs registered about $151 million in net inflows since Nov. 21, pointing to tentative renewed institutional participation.
- Glassnode and other on‑chain metrics show recent buyers realizing steep losses and market depth reduced after a washout that cut open interest to roughly $28 billion, leaving the structure fragile.
- Key levels in focus include resistance around $92,000–$95,000 and the $96,800–$98,000 imbalance zone, with critical support monitored near $81,000.