Bitcoin Under $90,000 after Oct. 10 $113,000 Peak as Holiday Liquidity Thins

Bitcoin is consolidating just below $90,000, with price hovering near $89,700 and volatility muted as year-end approaches. On October 10, BTC briefly traded above $113,000 before a sharp retreat set a cautious tone. According to Glassnode, participation declined from November into December and implied volatility continued to compress.