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MetaMask goes multi-chain with native Bitcoin support

Source Cryptopolitan

MetaMask has officially launched native Bitcoin support today, allowing users to hold, buy, send, and swap Bitcoin (BTC) directly within the app, without needing wrapped tokens or external services.

This follows the wallet’s ongoing transition into a true multichain platform, after previously adding support for other blockchains, including Solana and various EVM networks.

The update generates native Bitcoin addresses for users, supports SegWit transactions, and will add Taproot compatibility in a future release. Users can purchase Bitcoin via credit card, Apple Pay, PayPal, or bank transfers, and swap BTC with other supported assets directly in the wallet.

MetaMask expands beyond Ethereum with native Bitcoin support and incentives

MetaMask’s transition from an Ethereum-only wallet to a multichain platform occurred nearly a year after the wallet first announced it would introduce support for Bitcoin, marking the beginning of its expansion beyond Ethereum. The Bitcoin integration enables users to hold and transact the largest cryptocurrency by market capitalization, eliminating the need for wrapped tokens or third-party wallets.

“We’re excited to announce that Bitcoin is now supported on MetaMask. This means you can trade and manage BTC alongside Ethereum, Solana, Monad, and Sei assets, all inside your MetaMask wallet,” a statement from the company reads.

The network expansion comes amid a flurry of recent feature enhancements, as it seeks to stay near the top of a competitive wallet landscape.

Just a few months ago, the wallet launched its own stablecoin, mUSD, on Ethereum and the layer-2 scaling network, Linea. Then, in October, it unveiled native support for swaps on Hyperliquid, allowing traders to easily place long or short bets on the popular Perps DEX.

Earlier this month, MetaMask rolled out a native Polymarket integration, enabling users to place predictions on sports, crypto, and politics directly within the wallet. Users can now also trade Bitcoin after updating to the latest version of MetaMask.

Those who swap into BTC will earn MetaMask reward points as part of a $30 million community rewards program, designed to support long-term engagement ahead of the wallet’s native token launch. Following the rollout of Bitcoin, MetaMask plans to add more networks in 2026.

At the time of writing, Bitcoin was trading at $86,332.54. The world’s largest cryptocurrency has fallen 3.2% over the last 24 hours. It’s 32% off its record high of more than $126,000 reached in early October. Major cryptocurrencies fell during U.S. morning hours Monday, continuing a now crystal-clear pattern of relatively poor performance while American stocks trade.

Bitcoin’s underperformance during U.S. trading hours initially suggests weak demand from American investors, although the structure of spot Bitcoin ETFs, launched in January 2024, may also be influencing activity.

“Since the iShares Bitcoin ETF IBIT began trading, had you only owned it after hours (buy the close, sell the next open), it’s up 222%,” Bespoke Investment said in an X post. “Had you only owned intraday (buy the open, sell the close), it’s down 40.5%.”

Crypto stocks also began the week significantly lower, with both Strategy (MSTR) and Circle (CRCL) down about 7%. Coinbase (COIN) dropped by more than 5%, while trading platforms Robinhood (HOOD) and eToro (ETOR) experienced smaller declines of approximately 2%. Brokerage Gemini (GEMI), which soared late last week on approval for adding prediction markets to its offerings, pulled back 10% Monday.

MetaMask’s Bitcoin integration drives on-chain growth

Industry observers view the integration as a significant convenience boost, expected to generate higher on-chain activity and extend MetaMask’s reach into additional market segments, including both institutional and retail users.

The competition could apply pressure to offer multichain offerings to match MetaMask’s rising ecosystem. Although Bitcoin offers a different level of investment benefit, some experts argue that multichain wallets introduce increased security and operational complexities; they emphasize the importance of keeping wallets updated and safeguarding private keys and recovery phrases.

Now, as Bitcoin is native to MetaMask, the wallet presents itself as a central hub for a range of digital assets for users online, as well as within the Web3 ecosystem, while also pushing the boundaries of cross-chain interoperability.

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Bitcoin Slides 5% as Sellers Lean In — Can BTC Reclaim $88,000?Bitcoin has dropped back below $88,000 after rolling over from $90,500, with price still trading under the 100-hour Simple Moving Average. The sell-off found a floor at $85,151, and BTC is now consolidating near that base, but rebounds are facing pressure from a bearish trend line around $89,000. Bulls need to retake $88,000–$89,000 to ease downside risk; failure to do so keeps $85,500–$85,000 and then $83,500 in play, with $80,000 as the deeper “line in the sand.” Bitcoin (BTC) is back in damage-control mode after a sharp pullback wiped out recent gains. The price failed to reclaim the $90,000–$90,500 band, rolled over, and slid through $88,500 before briefly dipping under $87,000. Buyers did show up around $85,000, but the rebound so far looks more like stabilization than a clear trend reversal. Bitcoin dips hard, finds a bid near $85,000（h3） BTC’s latest move lower began when it couldn’t build follow-through above $90,000 and $90,500. Once that upside stalled, sellers took control and pushed price down through $88,500. The slide accelerated enough to spike below $87,000, but the market didn’t free-fall. Bulls defended the $85,000 zone, printing a low at $85,151. Since then, Bitcoin has been consolidating below the 23.6% Fibonacci retracement of the drop from the $93,560 swing high to the $85,151 low — a clue that the bounce is still shallow and that sellers haven’t fully backed off yet. Structurally, BTC is still on the back foot: It’s trading below $88,000, and It remains below the 100-hour Simple Moving Average, keeping short-term trend pressure pointed downward. Resistance is layered, and $89,000 is the problem area（h3） If bulls try to turn this into a recovery, they’ll have to climb through multiple ceilings in quick succession. First, BTC faces resistance around $87,150, followed by a more meaningful barrier near $87,500. From there, the market’s attention snaps back to $88,000 — the level BTC just lost and now needs to reclaim. A close back above $88,000 would improve the tone, but it doesn’t solve the bigger issue: there’s a bearish trend line on the hourly BTC/USD chart (Kraken feed) with resistance near $89,000, which also lines up with the next technical hurdle. If BTC can push through $89,000 and hold, the rebound could extend toward $90,000, with follow-through targets at $91,000 and $91,500. But until price clears that $88,000–$89,000 zone, rallies are at risk of being sold rather than chased. If BTC fails to reclaim resistance, the downside path is clear（h3） The near-term bear case is simple: if Bitcoin can’t climb back above the $87,000 area and keep traction, sellers may attempt another leg lower. Support levels line up like this: Immediate support: $85,500 First major support: $85,000 Next support: $83,500 Then $82,500 in the near term Below that, the major “don’t break this” level is still $80,000. If BTC slips under $80,000, the risk of acceleration to the downside increases significantly — not because it’s magic, but because it’s the kind of psychological and structural level that tends to trigger forced de-risking. Indicators: momentum still leans bearish（h3） The intraday indicators aren’t offering much comfort yet: Hourly MACD is losing pace in the bearish zone. Hourly RSI remains below 50, suggesting sellers still have the upper hand on short timeframes. So while the $85,000 defense held for now, the market hasn’t flipped bullish — it’s just stopped bleeding.

Author Mitrade

4 hours ago

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Beginners

MetaMask goes multi-chain with native Bitcoin support

MetaMask expands beyond Ethereum with native Bitcoin support and incentives

MetaMask’s Bitcoin integration drives on-chain growth

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