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Major whipsaw on Wednesday sends price back below $88,000

It was a blink and you missed it rally as continued deflation in the AI trade sent the Nasdaq sharply lower, dragging crypto along with it.

Crypto markets suffered major whipsaw action in morning U.S. trade, with bitcoin BTC$ 86,909.08 in the space of a few minutes rallying from around $87,000 to above $90,000 and then back to the $87,000 area.
The largest crypto was recently trading at … [864 chars]

Source: CoinDesk | Published: 2025-12-17T16:11:57Z

Credit: CoinDesk

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