{"id":221864,"date":"2025-12-29T13:48:34","date_gmt":"2025-12-29T09:48:34","guid":{"rendered":"https:\/\/abcmedia.am\/?p=221864"},"modified":"2025-12-29T14:17:32","modified_gmt":"2025-12-29T10:17:32","slug":"bitcoin-hits-weekly-high-while-recording-its-worst-quarterly-return","status":"publish","type":"post","link":"https:\/\/abcmedia.am\/en\/news\/221864\/","title":{"rendered":"Bitcoin hits weekly high while recording its worst quarterly return"},"content":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<html><body><p>Bitcoin (BTC) has surpassed $90,000 for the first time in seven days, according to <a href=\"https:\/\/www.rbc.ru\/crypto\/news\/6952281b9a7947f53b9871bd\" target=\"_blank\" rel=\"noopener\">RBC<\/a>.<\/p>\n<p>On the morning of Dec. 29, the leading cryptocurrency rose nearly $3,000, climbing from around $87,500 to $90,300 &mdash; the highest level since Dec. 22. During the same period, the total market capitalization of cryptocurrencies increased by 1.8%, reaching $3.02 trillion.<\/p>\n<p>Ethereum-&#1384; (ETH) &#1391;&#1408;&#1391;&#1387;&#1398; &#1379;&#1381;&#1408;&#1377;&#1382;&#1377;&#1398;&#1409;&#1381;&#1388; &#1383; 3,000 &#1380;&#1400;&#1388;&#1377;&#1408;&#1384;&#1417; &#1329;&#1388;&#1407;&#1412;&#1400;&#1397;&#1398;&#1384; 24 &#1386;&#1377;&#1396;&#1406;&#1377; &#1384;&#1398;&#1385;&#1377;&#1409;&#1412;&#1400;&#1410;&#1396; &#1377;&#1395;&#1381;&#1388; &#1383; 2.7%-&#1400;&#1406; &#1415; &#1406;&#1377;&#1395;&#1377;&#1404;&#1406;&#1400;&#1410;&#1396; &#1383; &#1396;&#1400;&#1407; 3,010 &#1380;&#1400;&#1388;&#1377;&#1408;&#1400;&#1406;&#1417;<\/p>\n<p>Ethereum (ETH) also surpassed $3,000 again. The altcoin rose 2.7% in 24 hours and is trading around $3,010.<\/p>\n<p>Prices of the other top 10 cryptocurrencies grew by approximately 3%. Among the top 100 cryptocurrencies, Canton (CC) recorded the largest gain with an 11% increase, while Pippin saw the largest drop at 8%.<\/p>\n<p>According to SoSoValue, U.S. Bitcoin exchange-traded funds (ETFs) saw a net outflow of $782 million at the end of last trading week. Since the beginning of the month, outflows have exceeded $1 billion. Ethereum ETFs showed a similar pattern, with $102 million withdrawn in the past week and $603 million in December alone.<\/p>\n<p>Despite the recent gains, Bitcoin is registering its worst quarterly return in the past 2.5 years. Coinglass data indicates that BTC has fallen 22.7% since early October. The last time Bitcoin experienced lower quarterly returns (-57%) was during the collapse of the Terra crypto project in Q2 2022.<\/p>\n<p>Analysts note that bearish conditions in the market persist. For rising sentiment to continue, Bitcoin not only needs to surpass the $90,000 level but also maintain it above that threshold.<\/p>\n<\/body><\/html>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (BTC) has surpassed $90,000 for the first time in seven days, according to RBC. On the morning of Dec. 29, the leading cryptocurrency rose nearly $3,000, climbing from around $87,500 to $90,300 &mdash; the highest level since Dec. 22. During the same period, the total market capitalization of cryptocurrencies increased by 1.8%, reaching $3.02 [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":221846,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[2,43,47],"tags":[],"class_list":["post-221864","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-world","category-society"],"acf":[],"_links":{"self":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/posts\/221864","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/comments?post=221864"}],"version-history":[{"count":1,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/posts\/221864\/revisions"}],"predecessor-version":[{"id":221865,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/posts\/221864\/revisions\/221865"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/media\/221846"}],"wp:attachment":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/media?parent=221864"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/categories?post=221864"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/tags?post=221864"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}