Bitcoin is closing out 2025 near $87,000, ending the year in a narrow trading range after months of fading momentum. Thin holiday liquidity and a lack of fresh catalysts left the market drifting into the final session of the year, capping a period marked less by explosive gains than by consolidation and unmet expectations.

At the time of writing, bitcoin was trading just below $88,000, roughly flat over the past week and modestly lower than where it began the year. The price has spent much of December oscillating between the low $80,000s and the high $80,000s, with repeated attempts to reclaim $90,000 failing to attract sustained follow-through.

The muted year-end action stands in…

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