Bitcoin is holding above $90,000 as the market heads into a highly anticipated 
FOMC meeting, a moment that could define the next direction for risk assets. 
But while price action keeps traders on edge, on-chain indicators are painting 
a surprisingly different picture beneath the surface. According to a new 
CryptoQuant report by XWIN Research Japan, Bitcoin’s exchange reserves have 
continued to fall sharply throughout 2025, even as price corrected toward the 
$90K range. Related Reading: Smart Whales Align: Top Performers Go All-In On 
Ethereum Long Positions With Over $425M in Exposure The data shows that the 
total amount of BTC held on centralized exchanges has dropped to 2.76 million 
BTC, reaching one of the lowest levels ever recorded. What makes this trend 
even more striking is its timing: during the steep November–December sell-off, 
exchange balances did not rise—they fell faster. The report highlights this 
behavior in the red-marked zone of the chart, showing accelerating outflows 
while the price was dropping. This pattern signals something unusual: 
investors are not sending coins to exchanges to sell into weakness. Instead, 
they continue withdrawing BTC into long-term custody, suggesting confidence 
rather than capitulation. As volatility builds ahead of the FOMC decision, the 
contrast between short-term price fear and long-term accumulation is becoming 
one of the most important dynamics in the current Bitcoin market. Shrinking 
Exchange Reserves Signal Structural Strength The report emphasizes that 
Bitcoin’s rapidly shrinking exchange reserves carry important structural 
implications for the market. When fewer coins sit on centralized exchanges, it 
means less Bitcoin is available for immediate sale, effectively tightening the 
liquid supply. According to the data, this decline is not being driven by 
short-term speculators but by long-term holders and institutional entities 
steadily moving BTC into self-custody or cold storage. What makes this trend 
remarkable is its timing. Historically, sharp price declines trigger a wave of 
inflows to exchanges as investors prepare to sell or panic-exit their 
positions. This cycle, however, tells a very different story. Even as Bitcoin 
corrected into the $90K region, exchange balances kept falling, suggesting 
that buyers with a long-term outlook are actively accumulating rather than 
retreating. This divergence between price action and on-chain behavior signals 
underlying strength. While short-term volatility may continue—especially 
around macro catalysts like the FOMC meeting—the broader structure points 
toward a market quietly tightening its available supply. As reserves move 
toward historic lows, a future “supply shock” becomes increasingly plausible. 
Despite the weak spot market performance, on-chain metrics are slowly turning 
bullish, hinting that the foundation for the next major trend may already be 
forming beneath the surface. Related Reading: Ethereum Loses Momentum While OI 
Holds Steady: Binance Data Shows A Market Reset BTC Tests Critical Support as 
Market Awaits Direction Bitcoin’s price action on the 3-day chart shows a 
market attempting to stabilize after a sharp corrective phase. BTC is 
currently trading around $90,437, hovering just above the 200-day moving 
average — a level that has historically acted as a major dynamic support 
during mid-cycle retracements. The recent bounce from the $87K–$88K region 
suggests that buyers are defending this zone, but the structure remains 
fragile as long as the price stays below the 50-day and 100-day moving 
averages, both of which are now sloping downward. The chart reveals a clear 
shift in momentum. After months of steady higher lows, Bitcoin broke its 
ascending structure in late November, leading to a fast drop toward the 
high-$80K range. Volume increased during the decline, indicating stronger 
participation on the sell side. However, the subsequent candles show shrinking 
sell volume, hinting at exhaustion among short-term sellers. Related Reading: 
Ethereum Shows Signs Of Accumulation As CVD Strengthens And Correlation Stays 
Elevated For a meaningful recovery, BTC must reclaim the $95K–$97K area, where 
previous support turned into resistance. Failure to break that zone would 
likely keep the market in a consolidation phase, with risks of another retest 
of the 200-day MA. Featured image from ChatGPT, chart from TradingView.com

Bitcoin Exchange Reserves Fall To Lowest Levels on Record: The Bullish Signal Most Traders Are Missing

Coinbase’s expanded partnership with PNC Bank opens direct bitcoin access 
inside PNC’s private-banking platform, signaling a pivotal step toward 
mainstream digital-asset integration as wealth clients seek regulated, 
seamless exposure. ‘Today Marks a Major Milestone for Institutional Crypto 
Adoption’ Crypto exchange Coinbase (Nasdaq: COIN) announced on Dec. 9 that it 
expanded its partnership with PNC Bank […]

Coinbase Drives a New Institutional Milestone With PNC Bitcoin Access

The OM token migration highlights the critical need for timely user action to 
secure benefits from network upgrades and token splits.
The post MANTRA initiates OM token migration in anticipation of network 
upgrade appeared first on Crypto Briefing.

MANTRA initiates OM token migration in anticipation of network upgrade

XRP price started a decent increase above $2.150. The price is now correcting 
gains and might struggle to stay in a positive zone. XRP price started a 
downside correction and tested the $2.080 zone. The price is now trading above 
$2.050 and the 100-hourly Simple Moving Average. There is a bullish trend line 
forming with support at $2.070 on the hourly chart of the XRP/USD pair (data 
source from Kraken). The pair could start another increase if it clears 
$2.120. XRP Price Dips Again XRP price started a downside correction from the 
$2.180 zone, like Bitcoin and Ethereum. The price dipped below the $2.150 and 
$2.120 levels to enter a consolidation phase. The price even dipped below the 
50% Fib retracement level of the upward move from the $2.042 swing low to the 
$2.1778 high. However, the bulls remained active above the $2.080 support. 
There is also a bullish trend line forming with support at $2.070 on the 
hourly chart of the XRP/USD pair. The price is now trading above $2.050 and 
the 100-hourly Simple Moving Average. If there is a fresh upward move, the 
price might face resistance near the $2.120 level. The first major resistance 
is near the $2.150 level, above which the price could rise and test $2.180. A 
clear move above the $2.180 resistance might send the price toward the $2.2250 
resistance. Any more gains might send the price toward the $2.250 resistance. 
The next major hurdle for the bulls might be near $2.2880. More Losses? If XRP 
fails to clear the $2.120 resistance zone, it could start a fresh decline. 
Initial support on the downside is near the $2.070 level, the 76.4% Fib 
retracement level of the upward move from the $2.042 swing low to the $2.1778 
high, and the trend line. The next major support is near the $2.050 level. If 
there is a downside break and a close below the $2.050 level, the price might 
continue to decline toward $2.00. The next major support sits near the $1.9850 
zone, below which the price could continue lower toward $1.920. Technical 
Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the 
bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is 
now below the 50 level. Major Support Levels – $2.070 and $2.050. Major 
Resistance Levels – $2.120 and $2.180.

XRP Price Positive Streak Fades—Are Traders Bracing for Volatility?

Silver&#8217;s rise, driven by tight supply and demand, may accelerate if the Fed 
cuts rates, impacting investment strategies and market dynamics.
The post Silver edges higher ahead of Fed rate decision appeared first on 
Crypto Briefing.

Cryptocurrency price in PKR