Crypto Today: BTC Tests $90K, Strategy Buys More BTC & XRP ETF Demand Tightens Supply

1. Bitcoin Tests $90,000, Then Concedes Gains

Bitcoin climbed above the $90,000 level in early trading on renewed risk appetite and broad crypto market strength, but later eased back toward about $88K as year-end profit-taking intensified. Ethereum reclaimed the $3,000 handle during the rally before a mild pullback. The Economic Times+1

2. Strategy Inc. Snaps Up Another $109M in Bitcoin

Corporate giant Strategy Inc. bought about 1,129 BTC at roughly $88,568 each over the week, spending roughly $108.8 million. This brings its total BTC holdings to 672,497 tokens, continuing a long-term accumulation strategy. Barron's

3. XRP Supply Tightens as ETFs Absorb Tokens

On-chain data shows XRP exchange balances near multi-year lows as newly launched U.S. spot XRP ETFs have absorbed over 750 million tokens. This continuous outflow of supply may reduce short-term selling pressure and tighten markets ahead of 2026. FX Leaders

4. Market Breadth Mixed Despite BTC Strength

While Bitcoin and Ethereum showed strength, broader market performance was uneven: Solana’s price lingered near resistance and faced bearish technical setups, even as some smaller tokens outperformed. Traders are watching key support and resistance zones for fresh directional clues. XT

Takeaway

Today’s moves weave two narratives: growth and caution. Bitcoin’s flirtation with $90K signals that bulls still have appetite, but the pullback shows year-end liquidity constraints remain in play. Strategy Inc.’s continued accumulation suggests institutional conviction, while XRP supply tightening from ETF demand points to structural shifts in token markets. Heading into 2026, watch whether this combination of accumulation and supply contraction turns sentiment bullish.