Bitcoin briefly topped the $90,000 mark on Monday before erasing gains, leaving traders waiting on a potential breakout after the token missed a Santa rally that sent stocks to record highs. Other cryptocurrencies had also swung, with Ether up as much as 4% to surpass $3,000 before dropping into the red. In the build up to Christmas, Bitcoin was largely unmoved despite the S&P 500 surging to a record close. The wider crypto space has yet to recover from a weeks-long selloff that began in October with the liquidation of some $19 billion worth of leveraged positions, leaving Bitcoin below where it started 2025.
Abra is a global platform for digital asset prime services and wealth management that seeks to connect on-chain and off-chain ecosystems for private clients, family offices, hedge funds, venture capital and crypto infrastructure firms. The company's founder and CEO, Bill Barhydt, discusses both the investing and regulatory outlook for Bitcoin and crypto-related assets in 2026. Bill speaks with Carol Massar and Vonnie Quinn on Bloomberg Businessweek Daily.