Winklevoss Declares Bitcoin Dip Below $90K as Final Chance Before Major Rally on Coinbase
In a bold statement amid Bitcoin's recent volatility, Gemini co-founder Cameron Winklevoss has characterized the cryptocurrency's drop to $89,426 as a generational buying opportunity. With Bitcoin now recovering to $91,178 after October's peak of $126,000, Winklevoss's tweet—"This is the last time you'll ever be able to buy Bitcoin below $90k"—has ignited market optimism. The plunge, which wiped out all 2025 gains, saw $121 billion in trading volume, suggesting strong institutional interest. As Coinbase and other platforms reflect this sentiment, analysts debate whether this marks a local bottom or the start of a sustained uptrend.
Winklevoss Sees Bitcoin Plunge as Final Buying Opportunity Below $90K
Bitcoin's sharp retreat to $89,426—erasing all 2025 gains—has triggered a defiant rallying cry from Gemini co-founder Cameron Winklevoss. The billionaire investor framed Monday's drop as a generational entry point, tweeting "This is the last time you'll ever be able to buy bitcoin below $90k" amid $121 billion in trading volume.
The cryptocurrency now hovers at $91,178 after October's $126,000 peak, with Winklevoss positioning the correction as a fire sale rather than a crisis. Such volatility echoes Bitcoin's historical boom-bust cycles, where 30% drawdowns frequently precede new highs.
Coinbase Announces System Update as New Era Begins
Coinbase has scheduled a "System Update" livestream for December 17, marking what the company calls the start of a new era. The event, teased on X, will feature product launches, business updates, and undisclosed innovations. This announcement coincides with Coinbase's aggressive expansion into global markets and tokenization.
The exchange is positioning itself as the primary U.S. gateway for next-generation digital assets, including on-chain securities and tokenized instruments. With tokenization markets gaining traction among institutions, Coinbase aims to become the go-to platform for compliant distribution and trading of these assets.
Notably, Coinbase is re-entering India with an increased stake in CoinDCX and launching a new token-sale platform, signaling its commitment to broadening its ecosystem. The December 17 update is expected to outline further strategic moves in this direction.