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Crypto markets stabilize as Bitcoin holds above $87,000 and Monad gains momentum after Polymarket integration
Bitcoin held above $87,000 despite market weakness, while Ethereum and major altcoins showed mixed action.
The cryptocurrency market is showing signs of stabilization after a sharp November correction that erased more than $1.3 trillion in value. Bitcoin is trading near $87,527, slightly higher on the day but still down significantly from its recent $126,000 peak. Analysts believe that BTC’s ability to remain above $85,000 points to continued institutional interest despite uncertainty surrounding potential Federal Reserve rate cuts and shifting investor expectations after political developments in the United States.