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Bitcoin Rises Above $92,300 as Crypto Market Stabilises Ahead of Weekend Trade

Bitcoin Rises Above $92,300 as Crypto Market Stabilises Ahead of Weekend Trade

Bitcoin edges higher as improving sentiment, regional equities and stabilising ETF flows support a mild recovery across the crypto market.

Written by Rahul Dhingra, Edited by David Delima | Updated: 12 December 2025 13:51 IST

Bitcoin Rises Above $92,300 as Crypto Market Stabilises Ahead of Weekend Trade

Photo Credit: Unsplash/Kanchanara

Bitcoin shows slight upward momentum as altcoins recover and market sentiment steadies

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Highlights

Bitcoin regains strength as broader market sentiment improves
Ethereum consolidates above $3,150 while altcoins rebound mildly
Analysts say thin liquidity limits conviction despite recovery

Bitcoin traded around $92,300 (roughly Rs. 83.3 lakh) on Friday as the crypto market attempted to stabilise after a volatile reaction earlier this week. The asset recovered from a brief pullback toward the $90,000 (roughly Rs. 81.3 lakh) zone, supported by improving risk appetite across global markets and early signs of steadier ETF flows. Ethereum (ETH) traded around $3,200 (roughly Rs. 2.93 lakh). Bitcoin is priced near Rs. 83.3 lakh in India, while Ethereum trades around Rs. 2.93 lakh, as per the Gadgets 360 price tracker.

Altcoins Rebound as Market Sentiment Improves

Solana (SOL) and other altcoins staged a broad recovery. The digital asset was trading at $137 (roughly Rs. 12,420) on Friday afternoon, while XRP hovered at $2.03 (roughly Rs. 183), and Binance Coin (BNB) moved near $889.40 (roughly Rs. 80,300). Dogecoin (DOGE) traded at $0.14 (roughly Rs. 12.6).

Vikram Subburaj, CEO, Giottus, said despite weak momentum, Bitcoin's structure remains steady. “Bitcoin is stabilising after the post-Fed washout [...] Buying conviction is still lacking. The second wave of selling has been weaker than the first. This points to stabilisation rather than a renewed uptrend. Macro signals have added noise without direction.”

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Riya Sehgal, Research Analyst, Delta Exchange, said crypto markets strengthened alongside global equities. “Crypto markets gained 2.7 percent in the past 24 hours; Bitcoin rose 2.6 percent to $92,280 (roughly Rs. 83.3 lakh), supported by regional equities and a recovery in risk appetite. Ethereum, Solana, and XRP followed [...] Spot ETF activity shows early stabilisation after weeks of outflows, suggesting easing redemption pressure and potential institutional demand [...] Regulatory clarity is improving, with US crypto legislation and CFTC updates supporting institutional outlook.”

Nischal Shetty, Founder, WazirX, said global macro uncertainty continues to weigh on risk assets. “Over the past 24 hours, global macro trends have become increasingly uneven, shaping a cautious outlook for digital assets. China's noticeable slowdown in capital investment highlights structural vulnerabilities beneath its ongoing fiscal support, reinforcing concerns about the sustainability of traditional economic models [...] Crypto remains in consolidation, with Bitcoin and Ethereum awaiting clearer catalysts.”

Bitcoin's rebound suggests improving sentiment, though confidence remains tentative. Analysts note that BTC needs to hold above $90,000 (roughly Rs. 81.3 lakh) to preserve its current market structure, while a decisive move back above $94,000 (roughly Rs. 84.9 lakh) with stronger liquidity could lay the groundwork for a more sustained upside trend in the sessions ahead.

Cryptocurrency Prices across Indian exchanges

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Further reading: Cryptocurrency, Bitcoin, Ethereum, Crypto in India

Rahul Dhingra

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Rahul Dhingra is a crypto writer at Gadgets 360, where he covers the exciting world of Cryptocurrency, Blockchain, Defi and Web3. Before joining Gadgets 360, he worked as a content specialist for a European-based Crypto Exchange. Rahul loves storytelling, not just through the written word but also through the visual medium. Beyond his professional life, Rahul is a sports fanatic. Whether it’s cricket or football, his passion for the game is contagious. More