Open interest data suggests the advance is likely short-covering, rather than fresh longs entering the market.
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Helene Braun
https://www.coindesk.com/markets/2025/12/30/bitcoin-rises-above-usd89-000-showing-rare-gain-in-u-s-trading
2025-12-30 16:10:00
Bitcoin rises above $89,000, showing rare gain in U.S. trading
