Photo: Jose Mario Bertero/Shutterstock
Bitcoin has had a volatile day. Normally, weekends guarantee boring price action, but yesterday was anything but calm. The bitcoin price first slipped before rising even more sharply. The rest of the crypto market naturally benefits from this, but there’s something undermining investor confidence.
BTC Price Shoots in All Directions #
Bitcoin is currently catching its breath after a rather volatile day. It started very peacefully with a price between $89,000 and $90,000. But around 2 PM, the calm was disturbed.
In an hour and a half, the bitcoin price dropped to a low of $87,775. That means more than 2 percent was lost. But the loss was then recovered in virtually the same amount of time.
And bitcoin even went up further. At 7:30 PM, a peak of $91,700 was reached. Measured from the low point, that’s a 4.4 percent increase.
Late in the evening, the price decided to slip again. It went back to $89,300, but overnight it has also fully recovered from that.
The bitcoin price of the past 24 hours. – Source: CoinGecko
The expectation is that bitcoin will quickly take another dive, and that has everything to do with the so-called CME gap. A gap has appeared on the futures chart, and it has always been filled (and often quickly) in the past six months.
Bitcoin entered the weekend on the Chicago Mercantile Exchange (CME) at a price of $89,600, but the new week opened at $89,800.
If history repeats itself, it won’t be long before bitcoin returns to this level.
CME gap sitting at 89.6K.
Smaller gaps like this tend to get filled fairly quickly. Clean target on the LTF. pic.twitter.com/KNIWqrUG9s
— LP (@LP_NXT) December 7, 2025
At the time of writing, the BTC price on crypto exchange OKX is $91,464. On the Dutch crypto exchange Bitvavo, the BTC price in euros comes to €78,372. Compared to 24 hours ago, BTC is up 1.99 percent.
Ethereum, XRP & Cardano Get Boost #
The rest of the market has followed bitcoin and has also had a rough day. But for most coins, the outcome can also be called positive.
Ethereum is doing slightly better than bitcoin with a gain of 2.69 percent. The largest altcoin is now trading for more than $3,100.
Ripple, better known as XRP, is 1.23 percent higher, Solana 1.41 percent and Cardano 2.04 percent.
The biggest gainer within the broader top 100 is Doublezero with a profit of 9.25 percent. Monero is the biggest loser with a loss of 3.99 percent.