Crypto markets stayed defensive as Bitcoin traded in a narrow range amid thin holiday liquidity and macro uncertainty. Analysts pointed to options activity, stablecoin flows, and institutional positioning as key drivers, while altcoins lagged due to subdued risk appetite. Market participants remain focused on liquidity conditions and policy signals for direction.Crypto markets stayed defensive as Bitcoin traded in a narrow range amid thin holiday liquidity and macro uncertainty. Analysts pointed to options activity, stablecoin flows, and institutional positioning as key drivers, while altcoins lagged due to subdued risk appetite. Market participants remain focused on liquidity conditions and policy signals for direction.
