Fed’s $6.8B Magic Trick Boosts Bitcoin to $90K! 🚀💰

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Key Highlights

  • Bitcoin danced past $90K, waltzing at $90,250 (+2.2% in 24h), while the Fed’s $6.8B overnight repo operation sprinkled fairy dust on the markets. 🧙‍♂️
  • Altcoins joined the party, with analysts whispering about a “bullish RSI divergence” that might signal a bottom… or just a very fancy trap. 🎩
  • Despite “Santa Rally” cheer, the crypto world still treads on eggshells: $497M Bitcoin ETF outflows, sleepy whales, and macro tensions lurking like grumpy goblins. 🧙‍♀️

As the U.S. stock market yawned awake, Bitcoin leapt over the $90,000 hurdle like a mischievous sprite, all thanks to the Fed’s scheduled overnight repurchase agreement (repo) operation-because nothing says “holiday cheer” like injecting $6.8 billion into the financial bloodstream. 🥂

At the time of this tale, Bitcoin was trading at $90,250, having gained 2.20% in 24 hours, with a 24-hour trading volume of $29 billion. A market cap of $1.8 trillion? Oh, just a cozy number for the grown-ups. 📈

Previously, Bitcoin had been lurking in the high $88K, shyly avoiding the $90K barrier amid a fog of macroeconomic uncertainty. But the spike? A bold move, fueled by thin liquidity and the holiday season’s chaotic energy. 🎄

Following Bitcoin’s lead, Ether (ETH) soared 3% to $3,060, while BNB, SOL, DOGE, and ADA joined the party, all twinkling with newfound vigor. 🌟

Bitcoin Reclaims $90K, But Risk Still Lingers Like a Grumpy Ghost

The latest surge reignited hopes for a “Santa Rally,” with analysts nodding sagely about institutional purchases and options positioning. Yet, resistance remains as stubborn as a grumpy gnome, and a sustained break could send Bitcoin soaring to $92,000-$95,000 if it’s feeling particularly daring. 🚀

Crypto analysts, ever the optimists, have their eyes on the prize. Ted Pillows, a newly minted crypto oracle, claims Bitcoin’s RSI divergence is a “bullish sign,” with higher lows forming as prices dip. “When this happened last time, Bitcoin formed a bottom,” he declared, as if reading from a magical scroll. 📜

$BTC 3D bullish divergence is now confirmed.

When this happened the last 2 times, Bitcoin formed a bottom.

– Ted (@TedPillows) December 22, 2025

But beware! The downside risk still lurks, like a sneaky troll under the bridge. Spot Bitcoin ETFs lost $497 million last week, and whales have slowed their gallop, hinting at a lull in on-chain chaos after months of wild rollercoaster rides. 🎢

Federal Reserve’s $6.8B Liquidity Injection: A Sly Move?

The Fed, ever the puppet master, conducted an overnight repo operation on December 22, injecting $6.801 billion into the system. A technical trick to ease year-end strains, but to crypto enthusiasts, it’s a golden ticket. 🎟️

🔥BULLISH: Fed will inject nearly $7 Billion in liquidity tomorrow.

– Ash Crypto (@AshCrypto) December 21, 2025

This is part of a $38 billion spree over 10 days, separate from the Fed’s $40 billion monthly Treasury bill purchases. A sly maneuver, indeed, to keep the financial circus running smoothly. 🎪

It’s the Fed’s first such repo since 2020, and crypto traders are already celebrating like it’s Christmas. While causation is tricky in this madhouse, the Fed’s actions have coincided with Bitcoin’s playful leap-proving once again that even central banks can’t resist a little financial fairy dust. 🪄

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2025-12-22 17:51