Crypto Markets Slump as Holiday Trading Stays Quiet

Cryptocurrency markets are mostly flat or slightly down on Friday, Dec. 26, with Bitcoin briefly climbing back above the $89,000 level before retracing in slow post-holiday trading. Most major altcoins are slightly in the red over the past 24 hours, pushing the total crypto market capitalization down by 1.4% to $3.01 trillion.

Bitcoin (BTC) is trading just below $87,000, down about 1% on both the daily and weekly charts, while Ethereum (ETH) is hovering just below $3,000, also flat today and down about 1.7% in the past seven days.

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