Bitcoin stands at $88k as Asian stocks ride Wall Street’s momentum

Crypto Reporter

Shalini Nagarajan

Crypto Reporter

Shalini Nagarajan

Since part of the group

January 2024

About the author

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory changes in the cryptocurrency sector.

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Last Updated:

December 22, 2025

Bitcoin neared $88,000 in early trading in Asia on Tuesday. As stocks edged higher at the end of the year, traders leaned on risk appetite while gold and silver hit new records on equity bets and geopolitical tensions.

As sentiment shifted from Wall Street, MSCI's broad gauge of Asia Pacific shares rose 0.31%, amid renewed talk of a year-end rally at the end of the week.

Based on the information of Crypto CoinGecko, it moved with a stable tone, trading with Bitcoin around $88,680, which increased by 0.4% on the day.

Market overview

Bitcoin: $88,006, down 0.6% Ether: $2,987, down 0.8% XRP: $1.89, down 1.6% Total crypto market cap: $3.06 trillion, down 0.9%.

Slow inflation keeps food in check

XS.com market analyst Linh Tran said the US Federal Reserve's policy stance still sets the tone for Bitcoin in the short to medium term.

“Although US inflation has slowed from record highs (released last week at 2.7% CPI y/y), recent data suggest that inflation is moving slowly and unevenly,” she said.

This has forced the Fed to maintain a cautious stance, making it difficult to quickly turn to a more aggressive easing cycle. She added that the exchange reserves are relatively low, a sign that many owners still prefer to sit tight, although short-term movements monitor liquidity and sentiment.

Metals break records in demand for safe space

Shares offered support from heavyweight technology names and a broader bid, Reuters pointed to gains in the US session in stocks such as NAV and stronger index futures in Asia.

Macro traders were looking ahead to US third-quarter GDP data, which showed markets expected annual growth of around 3.3%, with some releases having been disrupted by the recent government shutdown.

In commodities, gold pushed past $4,400 an ounce and silver hit new highs.

Reports of President Donald Trump's crackdown on Venezuela and the intervention of US oil tankers have fueled geopolitics, tightening energy and secure trade conditions.