The crypto market for the week of December 22-28, 2025 spent most of the time in low holiday liquidity and limited fluctuations. At the end of the week, bitcoin was down about 0.7% (closing at around $87.8k on December 28), while ether was down about 1.9% (to around $2.95k).
The year-end factor remained the key backdrop for the week, with a thinner market amplifying the impact of individual flows and derivatives. In the focus of participants’ attention was the large expiration of options on Deribit on December 26, which the market discussed as a possible trigger of short-term volatility after the “realignment” of positions.
In the segment of altcoins the picture was heterogeneous. Among the largest assets by capitalization, as of December 28, Zcash showed a noticeable growth over 7 days (about +20%), Bitcoin Cash added about +5%, Avalanche – about +4%, while Dogecoin declined by about -5.5% over the same period, which reflected point rotation within the market.
The “sideways plus risk of sharp spikes on thin liquidity” scenario was broadly in line with Fixygen’s assessment, which had previously indicated an increased likelihood of disproportionate movements during the holidays and dependence on news background and flows.
https://www.fixygen.ua/news/20251229/oglyad-rinku-kriptovalyut-za-tizhden-vid-fixygen.html
