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Bitcoin Fails to Hold 90,000 USD, Gold Hits Record High on Dec 23

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BTC
$87,552.80-0.28%
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ETH
$2,943.63-0.86%
On-chain data shows Bitcoin fell below 90,000 USD on December 23, trading at 87,482 USD, a 2.44% drop in 24 hours. On-chain analysis reveals profit-taking and short-term pressure. Gold hit a record 4,380–4,470 USD per ounce amid inflation and geopolitical risks. The market eyes Deribit’s 28.5 billion USD Bitcoin and Ethereum options expiry on December 26, which may impact near-term volatility.
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