According to The Kobeissi Letter, Bitcoin (BTC) surged above $93,000. The Kobeissi Letter reports that more than $130 million in leveraged short positions were liquidated within 60 minutes during the move. According to The Kobeissi Letter, the price jump and liquidations were reported simultaneously.

According to the source, an X post stated "JUST IN: $93,000 Bitcoin" on Dec 9, 2025, indicating a claimed BTC price of $93,000 at the time of posting (source: X post, https://twitter.com/WatcherGuru/status/1998422793973866702). Before acting on this alert, traders should verify spot and index prices across multiple exchanges and a consolidated benchmark such as the CME CF Bitcoin Reference Rate to confirm the print and reduce slippage risk (source: CME CF Bitcoin Reference Rate methodology, cfbenchmarks.com).

According to @CryptoMichNL, Bitcoin (BTC) is stalling around $93,000 while Japanese yields go "absolutely vertical," yet BTC has not crashed, indicating notable resilience in the face of macro tightening signals (source: @CryptoMichNL on X, Dec 4, 2025). The post highlights this as "good stuff" and notes that markets are "waking up," underscoring a constructive risk tone despite the yield surge (source: @CryptoMichNL on X, Dec 4, 2025). The author explicitly references the Japanese Yen carry trade as a question, flagging it as a potential context rather than a confirmed driver of price action (source: @CryptoMichNL on X, Dec 4, 2025). For traders, the immediate level cited is $93,000 alongside close monitoring of Japanese yield dynamics as the key cross-asset backdrop (source: @CryptoMichNL on X, Dec 4, 2025).