Bitcoin Fails to Break $90,000 as Investors Shift to Gold
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Dec 30 2025- Price Resistance: Bitcoin faced strong rejection near $90,000, triggering nearly $100 million in liquidations across leveraged positions, indicating a weakening market confidence in its role as a store of value.
- Demand for Traditional Hedges: With gold prices holding above $4,300 and US Treasury yields falling to their lowest since August 2022, investors are questioning Bitcoin's appeal as a hedge, reflecting broader risk aversion in the market.
- Mining Pressure: The decline in Bitcoin's network hash rate has put miners under pressure, operating at low or negative margins, forcing them to rely more on debt and equity financing to maintain liquidity, which could impact future mining capacity.
- Economic Outlook Impact: The US unemployment rate rose to 4.6%, coupled with inflation risk concerns, has diminished investor confidence in Bitcoin, further exacerbating its declining appeal as an independent hedge asset.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
