Crypto market drops after hitting new local highs

Crypto market drops after hitting new local highs

After surging to $106,000 following the US-China trade truce, Bitcoin is once again under pressure. The flagship cryptocurrency failed to break through a key resistance level and dropped back $102,500, losing over 2% in 24 hours, according to CryptoPotato.

On Thursday, BTC is hovering around the $102,000 level. The web-site’s analysts say this mark is crucial for maintaining the bullish trend. In case of its breakdown, a pullback below $100,000 is possible.

While Bitcoin is showing short-term weakness, its market cap holds steady at $2.02 trillion. Its market dominance has actually climbed to 60% as most altcoins face sharp declines.

Ethereum slid over 3%, while XRP, SOL, DOGE, and ADA saw even steeper losses of 7–8%.

The total crypto market cap shed $100 billion in 24 hours, now standing at $3.4 trillion. Despite this temporary drop, CryptoPotato’s analysts believe Bitcoin's mid-term outlook remains positive as long as it holds above the $100,000 level.

Elena Dorokhina MarketCheese
Period: 19.12.2025 Expectation: 550 pips
AUDCAD trapped in consolidation zone
Yesterday at 10:09 AM 22
Period: 19.12.2025 Expectation: 600 pips
GBPUSD sees 1.345 level as next target
Yesterday at 09:07 AM 33
Period: 31.12.2025 Expectation: 75 pips
Accumulate Brent crude to cover price gaps
Yesterday at 07:01 AM 29
Period: 19.12.2025 Expectation: 140 pips
Brent crude gains as oil supply surplus beats record in 2026
Yesterday at 06:17 AM 12
Period: 31.12.2025 Expectation: 26000 pips
Bright outlook for crypto market pushes ETHUSD higher
Yesterday at 04:51 AM 39
Gold buy
Period: 31.12.2025 Expectation: 800 pips
Buying gold from $4,230 support
Yesterday at 04:51 AM 51
Go to forecasts