Bitcoin Continues to Fluctuate Between $87,500 and $88,000 as Crypto Consolidation Continues

Bitcoin has remained between $87,500 and $88,000 as crypto consolidation continues. The cryptocurrency was trading at the $87,440 level on January 1, 2026.In the past 24 hours, Bitcoin is down 0.90%, while Ethereum is up 0.14%. Among the major altcoins, XRP, Solana, Tron, Dogecoin, Cardano and Hyperliquid are down more than 5% in the past 24 hours, while BNB is up 0.25% over the same period. According to CoinMarketCap, the global crypto market capitalization fell 0.84% ​​to $2.96 trillion.

Also read | Investing in mutual funds in 2026: types of schemes that can do wellThe CoinDCX Research Team said that crypto market consolidation continues as Bitcoin remains within a tight range between $87,500 and $88,000. As a result, the altcoins in the top 10 are also trading below their respective resistance levels, putting pressure on volatility to a large extent.However, the global market capitalization is slowly approaching the $3 trillion mark, after rising nearly 1.66% in the past 24 hours to $2.99 ​​trillion.

The Global M2, which measures global monetary supply, has reached new highs. Unfortunately, Bitcoin appears to have decoupled this time, the CoinDCX Research Team added.

Over the past week, Bitcoin fell 0.23%, while Ethereum rose 1.06%. Among the major altcoins, BNB, Solana, Tron and Hyperliquid rose almost 2% last week, while XRP, Dogecoin and Cardano fell more than 8% over the same period. Bitcoin fell almost 5.33% in 2025 to a level of $88,474 on December 31, 2025, from $93,462 on January 1, 2025. The cryptocurrency further corrected by 30% from the record high of $126,300 in October.

Also read | Bitcoin falls 5% through 2025, down 30% from its October peak. Will institutional inflows and policy support bring stability in 2026?

Ethereum fell about 11% in 2025 from $3,332 on the first day of the calendar year to $2,972 on December 31. The global cryptocurrency market cap fell from $3.26 trillion on January 1, 2025 to $2.99 ​​trillion on December 31, 2025, according to CoinMarketCap.