Bitcoin has fallen back down to $90,000 as sideways price action continues on Friday.

Notable Statistics:

• Coinglass data shows 119,115 traders were liquidated in the past 24 hours for $415.96 million.       
• In the past 24 hours, top gainers include Mantle, Hyperliquid and Bitcoin Cash.

Notable Developments:

• Tether Eyes Blockchain Shares To Control Liquidity As $500B Fundraise Draws Scrutiny
• YouTube To Roll Out PayPal Stablecoin Payout Option For US Creators
• Coinbase Reportedly To Rival Polymarket, Kalshi With In-House Prediction Market
• Small China NEV Dealer Eyes $1 Billion Crypto Pivot
• XRP Lands On Solana As Ripple Lands Crucial Banking License

Trader Notes: Ted Pillows flagged two major Bitcoin liquidity zones at $88,000–$89,000 and $93,000–$94,000, suggesting price may dip to sweep the lower band before reversing higher.

Crypto chart analyst Ali Martinez noted Bitcoin whales have offloaded ~170,500 BTC over the past year — a significant reduction in large-holder supply.

Daan Crypto Trades said Bitcoin is stuck in the key $88,000–$90,000 support/resistance range, a critical zone for bulls to defend after the cycle's largest drawdown driven by heavy spot selling and end-of-cycle fears.

Read Next: 

• 3 Macro Factors Driving The Bitcoin Drawdown From $120,000 To $90,000

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