- Bitcoin price rose to nearly $93,000 on Friday before selling pressure resumed.
- Ethereum and XRP also climbed but ran into key resistance around $3,000 and $2.25, respectively.
- Sentiment across the crypto market remains mixed despite notable gains in several major altcoins.
The cryptocurrency market delivered a mixed performance on Friday, with Bitcoin retesting the $92,500 level while Ethereum and XRP pushed above significant resistance zones.
Although these gains signaled renewed investor optimism amid broader economic uncertainty, Bitcoin’s rapid retreat below $91,000 highlighted the market’s fragility.
Meanwhile, while Sky, Monero and Bitcoin Cash posted gains, Zcash, Dash and Aptos were among the biggest losers within the top 100 coins by market capitalization.
Bitcoin climbs toward $93,000
Bitcoin made a decisive break above the $92,500 resistance level, rallying to nearly $93,000.
On Friday, the flagship asset peaked at $92,969 on major exchanges. That level quickly proved to be a strong barrier, keeping the psychological $100,000 milestone out of reach for bulls.
Analysts at QCP Group shared short-term Bitcoin outlooks in a post on X. They identified averages near $90,000 as key supply-wall zones, while primary support remains in the $80,000–$82,000 range.
“Options markets show caution even though year-end BTC call open interest remains heavy. Skew, IV and sentiment have softened, reinforcing a rangebound profile. Supply likely caps around the mid-90K area, while support sits around 80–82K, leaving macroeconomic catalysts firmly in control of direction.”
Despite the dip below $91,000 at the time of writing, earlier intraday gains lifted several Bitcoin layer-1 and layer-2 solutions.
Tokens tied to the Bitcoin ecosystem, such as BounceBit and Stacks, were among those that saw increases.
However, because prices fell again rather than staging a sustained rebound, the move may turn out to be a dead cat bounce.
ETH and XRP face resistance
Like Bitcoin, Ethereum struggled to hold onto its momentum. The second-largest cryptocurrency recently dipped to lows near $2,600 after closing above $4,000 at the end of October. A push above $3,000 threatened to expose bulls to further pain.
After testing a demand recharge zone, ETH returned to a resistance area above $3,000.
That retracement comes despite a roughly 25% decline over the past month.
Even though ETH rose nearly 9% last week, its inability to sustain a breakout underscores broader fatigue among altcoins. Bitcoin’s drop to $90,504 at the time of writing raises the risk of a cascading fall for Ethereum.
XRP showed a similar pattern, trading around $2.18 while down about 1.4% in the past 24 hours.
The token faces stiff overhead resistance at $2.25 and $2.50. Market data indicates bulls have struggled to hold gains above that latter level since the crash on October 10, 2025.
Recent launches of spot XRP ETFs have failed to provide enough momentum for sustained upside.