$BIFI
Christmas market experiences a significant split! BTC breaks 88,000 and triggers 200 million in liquidations, will RWA exceed 20 billion and welcome an institutional frenzy?
The liquidity "disruption" during the Christmas holiday has triggered severe fluctuations in the crypto market! Bitcoin has fallen below the critical threshold of 88,000 USD and is intensively testing the support level of 86,000 USD. Year-end profit-taking and risk reduction operations are being concentrated and released, with over 200 million liquidated across the entire network in 24 hours, and long positions have become the hardest hit area. The fragility of high leverage in a low liquidity environment has been thoroughly exposed.
However, the market presents a clear contrast of "ice and fire," with positive trends breaking through: the RWA sector has ushered in a milestone explosion, with the market size officially exceeding 20 billion USD. Tokenized government bonds and money market funds have contributed over 8 billion in incremental growth. BlackRock's BUIDL fund has been included as collateral in Binance's OTC, marking a significant event in the deep binding of institutional finance and the crypto ecosystem, accelerating the institutionalization process of the industry; the supply of the Trump family-associated stablecoin USD1 has surged by 150 million in a single day, with its market value jumping to 2.9 billion USD, while Binance's new incentive plan and global payment system integration form a dual growth engine.
The industry and macro sectors are simultaneously releasing positive signals: Solana continues to be the most watched blockchain ecosystem globally in 2025, successfully transforming from a "meme coin casino" into a key layer of capital liquidity, with retail interest continuing to suppress Ethereum; the S&P 500 index has reached a historical high of 6921 points, offshore RMB has broken the 7.0 threshold, and the number of initial jobless claims in the U.S. has fallen below expectations, showcasing economic resilience; HashKey Capital has completed the first round of fundraising for its 250 million USD crypto fund, focusing on global blockchain infrastructure and leading applications; Wall Street predicts that pro-crypto and dovish Hassett may be appointed as the Federal Reserve Chairman, with his clear regulatory framework and relaxation of industry controls likely to reshape market policy expectations.
On one side is the short-term fluctuation adjustment of BTC, and on the other side is the institutional carnival in sectors like RWA and Solana. The market divergence has reached its peak at the year-end. Do you think BTC can hold the crucial support at 86,000? Will RWA become a trillion-dollar opportunity in 2026? #加密市场观察