A new public company with a big Bitcoin stash is pitching a bold claim. Twenty One Capital, which listed on the New York Stock Exchange on December 9, arrived with close to $4 billion Bitcoin treasury and now holds the third-largest BTC reserve among public firms. According to the firm’s CEO, Jack Mallers, Bitcoin’s role could expand far beyond a speculative holding.

CEO Sees Bitcoin As A Reserve Asset

Mallers told viewers on theCUBE+NYSE Wired that Bitcoin has compounded holders’ portfolios at roughly 50% a year over the past five to 10 years. Based on reports, he expects that the current $2 trillion market for Bitcoin could grow to between $20 trillion and $200 trillion.

He argued Bitcoin might become the next global reserve asset as finance “recollateralizes” itself away from traditional treasuries and government debt. If supply then stood at 20 million tokens when a 100x market rise happened, Bitcoin would trade near $10 million per coin. At a present price of $92,270, that outcome would equal an increase of about 10,730%.

Market Signals Remain Mixed

Short-term market signs are not all in favor of a big rally. According to market watchers, the Federal Reserve’s recent rate cut barely moved Bitcoin, leaving price action largely flat and directionless.

The MACD histogram, however, is showing hints of bullish momentum in some technical reads, which suggests buyers may be warming up.

The dollar index is showing signs of weakness, which often helps assets like Bitcoin. ETF flows keep disappointing. Without steady inflows from funds, big narratives can struggle to turn into lasting price gains.

Product Push Aimed At Liquidity Without Selling

Twenty One Capital says it wants to offer services that let holders tap liquidity without selling their coins. The firm plans to start in credit and lending and has said it will roll out products in partnership with Tether.

Mallers described the company as more than a balance-sheet accumulator; he compared their ambitions to Coinbase while stressing a narrower focus on Bitcoin services. If executed, these offerings could change how holders manage risk and cash needs.

Big Numbers And Big Questions

The projection to $200 trillion is headline-grabbing. It is a vision, not a forecast, and it hinges on major shifts in global finance and adoption. Reports note that other industry figures have offered similar long-term targets, which means the idea is not unique but remains highly debated.

Featured image from Unsplash, chart from TradingView

 

Crypto markets saw a modest lift after the US Federal Reserve made another move on rates, and traders are watching for a clearer follow-through. According to reports, the Fed has carried out three consecutive interest rate cuts totaling 0.75% from September to December. The move was widely expected. Still, market responses have been mixed and somewhat choppy.

Fed Moves And Market Takeaway

According to CoinEx chief analyst Jeff Ko, much of the Fed’s action was already priced in, and the updated dot plot leaned a bit more hawkish than some had hoped.

Ko pointed to $40 billion in short-term Treasury purchases as a technical step to ease liquidity and lower short-term rates, not as a broad stimulus program.

Markets took the measures as mildly positive. US stocks rose, and that helped Bitcoin find some footing after an early dip.

Santiment And The Short-Term Reaction

Based on reports from onchain analytics firm Santiment, each cut has prompted a classic “buy the rumor, sell the news” move where initial optimism is followed by short selling.

The US Fed made three strategic cuts over the past 3 months, resulting in a total of an 0.75% reduction to interest rates.

1⃣ September 17, 2025: Fed lowered the target range to 4.00 %–4.25 % (from 4.25 %+) at the 16–17 Sep meeting.

2⃣ October 29, 2025: Fed cut the rate to… pic.twitter.com/X6DWypvq5t

— Santiment (@santimentfeed) December 11, 2025

Cuts are seen as bullish for crypto over the long haul, yet they have triggered brief pullbacks in practice. Santiment adds that a small wave of FUD or retail selling often signals that the mild post-cut downswing is finished and a bounce may follow once things calm down.

Technical Levels Traders Are Watching

Bitcoin was volatile in the aftermath. It fell under $90,000 then popped to $93,500 on Coinbase before settling near $92,300 at the time of reporting. Key resistance sits between $97,000 and $108,000.

On the daily chart, BTC remains inside a small rising channel that sits within a larger downtrend, and technical traders note that a MACD histogram is approaching a positive crossover — a sign some see as possible renewed momentum.

ETF activity has been tepid, with only $219 million in net inflows since late November, which keeps some investors cautious.

Dollar Weakness And Equity Signals

A weaker dollar has been part of the backdrop; the DXY index fell to 98.36 and is showing bearish momentum on its own MACD.

Nasdaq’s move back above its 50-, 100- and 200-day simple moving averages helped lift risk assets briefly, and that has supported Bitcoin’s rebound attempts.

Yet correlation with equities remains uneven — losses in stocks tend to hit Bitcoin harder than gains help it, creating an asymmetric risk profile for traders.

Featured image from Impossible Images, chart from TradingView

Bitcoin Magazine

Bitcoin Price Briefly Pumps Above $94,000 As Fed Cuts Rates

Bitcoin price surged above $94,000 today following a 25-basis-point rate cut by the Federal Reserve.

The Fed lowered its benchmark interest rate to 3.50%–3.75% to support maximum employment and contain somewhat elevated inflation amid moderate economic growth and slowing job gains.

This is the Fed’s third rate cut this year and the first since October. Most officials backed the move, while three dissented — one favoring a larger cut, two preferring no change.

Fed forecasts for 2026 and 2027 remain modest, with expectations for small rate reductions, 4.4% unemployment, and 2.4% PCE inflation.

The rate decision pushed the Bitcoin price higher, although markets had largely priced in the cut. BTC briefly hit $94,500, reaching a seven-day high. 

Trading volume over the last 24 hours totaled roughly $46 billion. The cryptocurrency’s market cap stands near $1.86 trillion, with a circulating supply of just under 20 million BTC, according to Bitcoin Magazine Pro data.

Bitcoin’s recent rally reflects broader adoption trends and institutional interest. PNC Bank became the first major U.S. bank to offer direct spot bitcoin trading to eligible Private Bank clients using Coinbase’s infrastructure.

Last week, Bank of America advised its wealth management clients to allocate 1%–4% of portfolios to digital assets.

Coinbase Institutional highlighted that speculative leverage has fallen from 10% to 4%–5% of total market capitalization, signaling a potential end to extreme volatility. Ark Invest CEO Cathie Wood suggested the market may have already seen its four-year cycle lows.

The Fed’s decision came amid mixed signals from broader financial markets. The 10-year Treasury yield has risen, reflecting investor concern that easing policy now could spur inflation later. 

At the time of writing, Bitcoin trades around $92,505, up roughly 3% in the last 24 hours.

Bitcoin price analysis

Last week, Bitcoin price saw a volatile ride, dipping to $84,000 before bulls pushed it up to $94,000, then dropping slightly below $88,000, and closing the week at $90,429.

 The market now faces key support at $87,200 and $84,000, with deeper support zones around $72,000–$68,000 and $57,700. 

Resistance levels stand at $94,000, $101,000, $104,000, and a thick zone between $107,000–$110,000, with momentum likely slowing above $96,000.

Typically, rate cuts lead to bullish momentum, but the market may have already priced in this month’s rate cut.

Bitcoin is down close to 25% from its all-time highs.

This post Bitcoin Price Briefly Pumps Above $94,000 As Fed Cuts Rates first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

In a move that could signal a bullish shift for Bitcoin (BTC) and the broader cryptocurrency market, the Federal Reserve (Fed) announced a 25 basis points (bps) interest rate cut, bringing the new rate range to 3.5% to 3.75%. 

Bitcoin Poised To Surge Toward $100,000?

Kevin Hassett, the White House economic adviser and a leading candidate to become the next Fed chair, commented to the Wall Street Journal CEO Council that there is “plenty of room” for additional interest rate cuts. 

He stated, “If the data suggests that we could do it, then — like right now, I think there’s plenty of room to do it.” Hassett, who is President Donald Trump’s preferred choice for the Fed chair position after Jerome Powell’s tenure concludes, has been critical of Powell for being “too late” in lowering rates.

While the last rate cut in October had minimal impact on the Bitcoin price, analyst Michael van de Poppe believes that the current rate cut could significantly benefit the cryptocurrency. He characterized it as a “great move” for Bitcoin and noted that a breakout above $92,000 might be indicative of future bullish momentum. 

Van de Poppe expressed optimism about Bitcoin’s ability to maintain the support level between $91,500 and $92,000, suggesting that if it does, there could be a pathway for Bitcoin to approach the $100,000 mark.

Can BTC Avoid Historical 10% Decline?

Market expert Ash Crypto pointed out that historically, each of the last four times the Fed slashed rates by 25 bps, Bitcoin experienced a 5% to 10% decline shortly thereafter. Despite this pattern, Ash noted that the current market setup differs from previous scenarios, suggesting that different dynamics could be at play.

Several positive factors underpinning this optimism include the conclusion of quantitative tightening (QT) after a three-year period. Should Powell hint at the possibility of quantitative easing (QE) in his forthcoming remarks, it could spur a further bullish trend in the market. 

Additionally, with this being the third rate cut, Ash asserted that there is potential for increased liquidity to flow back into the markets, which historically benefits risk assets like Bitcoin.

Featured image from DALL-E, chart from TradingView.com 

Bitcoin Magazine

Bitcoin Price Plunges 8% to $84,000 as December Opens With More Market Jitters

Bitcoin price fell sharply to the mid-$84,000s early Monday, sliding 8% over the past 24 hours as a wave of macro anxiety, thin liquidity and fresh crypto-native stress hit markets simultaneously. 

The world’s largest digital asset traded between a 24-hour high of $91,866 and a low of $84,722, extending a two-month drawdown that has now erased more than 30% from October’s record highs, according to Bitcoin Magazine Pro data. 

The downturn marks a swift reversal from last week’s tentative recovery. After plunging below $81,000 on Nov. 21, the Bitcoin price steadily climbed into the end of November and briefly pushed above $92,500 during Black Friday’s morning session. 

But momentum reversed again Sunday evening, with BTC slipping back below $85,000 early Monday. At the time of writing, the bitcoin price is $86,469.  

Why is Bitcoin price dipping? 

Multiple forces might be behind the renewed selloff. The most immediate shock could be from a security incident at Yearn Finance, where a flaw in the protocol’s yETH pool allowed an attacker to mint an abnormally large amount of tokens. 

The exploit flooded the pool with invalid supply and triggered a rush for the exits across DeFi —  spilling over into majors like BTC and ETH.

But macro pressure has been building in parallel. A sharp spike in Japanese government bond yields — part of a broader global repricing of interest-rate expectations—sparked a risk-off move in Asia trading hours, hitting an already fragile, low-volume crypto market.

Comments from Bank of Japan Governor Kazuo Ueda signaled the possibility of a December rate hike — an event that would be Japan’s first move away from negative interest rate policy in years. 

The remarks sent Japan’s 30-, 10-, and 2-year government bond yields to their highest levels since 2008. A stronger yen could force hedge funds that borrow cheaply in Japan to unwind carry trades, adding fresh pressure to bitcoin and other risk assets.

According to 10x Research, last week marked one of the lowest-liquidity stretches since July, leaving order books thin and amplifying the impact of institutional selling.

The result was a deeper drawdown than fundamentals alone might suggest. Bitcoin’s market depth evaporated over the weekend, turning what might have been a modest correction into a full-scale liquidity event. 

More than 220,000 traders were liquidated over 24 hours, with total losses exceeding $630 million.

The derivatives picture underscores the imbalance: Bitcoin price futures open interest fell by $1.1 billion leading into the decline, suggesting traders had already started de-risking. 

Monetary policy uncertainty remains at the center of investors’ anxiety. Markets now assign an 80%–87% probability that the Federal Reserve will cut rates by 25 basis points at its Dec. 9–10 meeting.

Rate cuts would be supportive for the Bitcoin price, boosting liquidity and risk appetite. But if the Fed opts to hold steady, traders fear a sharper unwind across risk assets.

Corporate developments added another wrinkle. Strategy Inc. (formerly MicroStrategy) said Monday it created a $1.4 billion reserve—funded by common-stock sales—to cover at least 21 months of preferred-stock dividend payments amid Bitcoin’s slide. 

The company, which now holds 650,000 BTC, also reported purchasing another 130 BTC last week for $11.7 million.

Last week, fresh disclosures showed BlackRock ramping up its exposure to its own spot Bitcoin ETF while JPMorgan rolled out a high-stakes structured note tied to the fund.

Bitcoin price briefly dipped to $86,129 before rebounding above $90,300 amid ongoing Q4 volatility. BlackRock’s Strategic Income Opportunities Portfolio now holds 2.39 million IBIT shares worth $155.8 million, up 14% from June, signaling deeper internal allocation to BTC-linked assets.

Meanwhile, JPMorgan’s new derivative-style note lets institutions bet on IBIT’s future price, offering a 16% fixed return if targets are met next year, and up to 1.5x upside by 2028 if Bitcoin surges.

At the time of writing, the bitcoin price is rebounding up to $86,469.  

This post Bitcoin Price Plunges 8% to $84,000 as December Opens With More Market Jitters first appeared on Bitcoin Magazine and is written by Micah Zimmerman.