Bitcoin (BTC) sits in what can be described as a fragile range, experiencing pressure from high unrealized losses and realized loss realization, as well as heavy profit-taking by long-term holders. “The market is holding steady for now, but conviction remains absent,” according to the latest report by the blockchain data provider Glassnode.

The analysts found that the world’s number one coin trades within “a structurally fragile” zone. The three factors noted above are collectively anchoring price action at the moment.

It is noteworthy, however, that demand remains resilient enough to keep price above the True Market Mean (the cost basis of all non-dormant coins), despite this persistent sell pressure. This suggests that buyers are still absorbing distribution.

Overall, the market structure “suggests a weak but stable range, held up by patient demand yet constrained by persistent sell pressure,” the analysts say.

Moreover, the short-term trajectory depends on whether liquidity improves and sellers relent. Long term, the market depends on its ability to reclaim key cost-basis thresholds and exit “this time-driven, psychologically taxing phase.”

Moreover, looking at the onchain indicators, the analysts found that, as the market sits in this weak but bounded range, “time becomes a negative force.” They explain that investors find it more difficult to endure unrealized losses. Simultaneously, the possibility of loss realization increases.

Subsequently, as realized losses rise, recovery anchors further. A surge in realized profit from veteran investors boost this effect.

That said, the price did slightly recover above the True Market Mean. In the short term, if seller exhaustion arises, this underlying buy pressure could result in a retest of the $95,000 level and potentially the STH-Cost Basis at $102,700.

“Until then, the True Market Mean remains the most probable bottom-formation zone, barring a new macro shock,” the analysts write.

Transition Into Low-Liquidity, Mean-Reverting Environment

Onchain factors show a cautious tone, and off-chain conditions echo it, Glassnode says.

In short, exchange-traded funds (ETF) flows are negative, spot liquidity is subdued, and futures markets lack speculative engagement.

The spot market is seeing a thinner demand buffer. This lowers immediate buy-side support, with the price standing in a place “more vulnerable to macro catalysts and volatility shocks.”

Moreover, Bitcoin’s spot relative volume sits near the lower bound of its 30-day range. It suggests “a more defensive positioning across the board.” Fewer liquidity-driven flows are available to absorb volatility or sustain directional moves.

Additionally, “across perpetual markets, funding hovered around zero to slightly negative during the week, underscoring the continued retreat in speculative long positioning,” the report says.

Meanwhile, the options market recorded “muted” action, in contrast with a jump in short-dated implied volatility. This comes as traders position for a larger move.

“Options markets reinforce a defensive posture, with traders accumulating volatility, bidding short-dated downside protection, and positioning for a near-term volatility event,” the analysts says.

Additionally, they found that traders are buying and not selling volatility. Also, traders buying both wings suggest hedging and convexity-seeking behaviour instead sentiment-driven speculation.

“Combined with rising implied volatility and a downside-leaning skew, the flow profile suggests that market participants are preparing for a volatility event with a bias toward the downside,” Glassnode says.

Notably, the US Federal Reserve meeting on 10 December was the last meaningful catalyst, so the market is preparing for a transition into a low-liquidity, mean-reverting environment.

After the rate cut announcement, gamma sellers typically re-enter, accelerating IV decay into year-end. “Absent a hawkish surprise or a notable shift in guidance, the path of least resistance points toward lower implied volatility and a flatter surface through late December,” the report concludes.

The post Bitcoin Moves Within a ‘Structurally Fragile Range’, Weak But Solid appeared first on Cryptonews.

The crypto market is down today, with the cryptocurrency market capitalisation decreasing by 2.8% and pulling back to $3.16 trillion. 97 of the top 100 coins have gone down over the past 24 hours. At the same time, the total crypto trading volume is at $154 billion.

Crypto Winners & Losers

At the time of writing, all top 10 coins per market capitalization have seen their prices decrease over the past 24 hours.

Bitcoin (BTC) is down by 2.8% since this time yesterday, currently trading at $90,051.

Bitcoin (BTC)

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Ethereum (ETH) is down by 4.3%, now changing hands at $3,182. This is the category’s third-highest decrease today.

The highest drop is Dogecoin (DOGE)’s 6.3% to the price of $0.1468.

It’s followed by Solana (SOL)’s 6%, trading at $130.

At the same time, the smallest decrease in the category is 0.4% by Tron (TRX), currently trading at $0.2789.

As for the top 100 coins, only three have appreciated over the past day. These are Provenance Blockchain (HASH), MemeCore (M), and Rain (RAIN), which are up 8.5%, 1.1%, and 1.1% to $0.03038, $1.47, and $0.007672, respectively.

On the red side, Pump.fun (PUMP) decreased the most in this category: 9.3% to $0.002763.

Ethena (ENA) follows with an 8.8% fall to the price of $0.2487.

As expected, the US Federal Reserve approved a 25 basis point rate cut at Wednesday’s FOMC meeting. However, many argued that the cut had already been priced in.

Ruslan Lienkha, chief of markets at YouHodler, commented that “my base-case scenario for the week is continued consolidation around current levels, accompanied by moderate downward pressure.”

‘A Lid On The Rally For Risk Assets’

Nic Roberts-Huntley, co-founder and CEO of Blueprint Finance, commented on the US Federal Reserve’s move, saying that the 25-basis-point rate cut “will likely soften borrowing costs further and generally boost risk-asset sentiment, which tends to work in favor of crypto.”

It could see Bitcoin “rally back toward levels we lost over the past few weeks, provided there’s actual liquidity ready to be deployed.”

That said, he noted, “we’re heading into a complex macro season” and that it will be “hard to isolate the effect of the rate cut in the near term.”

Moreover, Nic Puckrin, investment analyst and co-founder of The Coin Bureau, said that FOMC decision wasn’t as hawkish as many market participants were expecting, so markets are breathing a sigh of relief.

However, the Fed is now expected to cut rates only once in 2026, fewer than investors hoped for. This could still change with the change of Chair next year. The attention will now turn to liquidity and the Fed’s balance sheet policy in early 2026.

The fewer expected cuts and the diverging opinions within the committee “inject a fresh dose of uncertainty into the macro outlook.”

“And as any investor knows, markets are allergic to uncertainty. This puts a lid on the rally for risk assets heading into the end of the year.”

That said, the Fed’s announcement is not enough to spark a Santa rally for BTC, and there are no other obvious catalysts from here on, Puckrin argued, barring any unexpected announcements from the US President.

Additionally, Alexis Sirkia, Chairman of Yellow Network, saying that “the market is mulling over the Fed’s decision of a third quarter-point rate cut to ease the affordability crunch.”

And yet, “the irony here is that the Fed itself is operating with limited visibility due to the government shutdown, themselves looking to make a critical decision on incomplete data.”

Slowing down is typical of a centralized system breakdown, designed for stability but forced to make a judgment call in the dark. “I see this as a clear opportunity for the old economic models to be transformed – with trustless systems,” Sirkia said.

Levels & Events to Watch Next

At the time of writing on Thursday morning, BTC stood at $90,051. For the first part of the day, it moved sideways before jumping to the intraday high of $94,177 before swiftly dropping to the intraday low of $89,623.

Over the past week, BTC fell by 3.3%. It has been trading in the $88,202–$94,267 range.

Should BTC fall below $92,000, it could fall to $87,000 and even the $83,000 level. A steady increase above $92,000 could lead to $98,000, followed by $100,600, $106,000, and $108,000.

Ethereum is currently changing hands at $3,182. Similarly to BTC, after trading relatively sideways for the first several hours of the day, ETH jumped to $3,432, the day’s highest point. It then plunged to $3,176 before slightly recovering to the current price.

ETH also entered the red zone in the 7-day timeframe, having decreased by 0.6% and trading between $2,946 and $3,390.

If it continues falling, the price could reach $3,050 and $2,940. Conversely, a move above $3,350 may lead to $3,500 and $3,750.

Meanwhile, the crypto market saw a minor decrease on Thursday morning, not moving from the fear territory. The crypto fear and greed index pulled back to 29 today from 30 yesterday.

Much like the market itself, the sentiment continues moving in a very tight range. Market participants are awaiting further macroeconomic and/or geopolitical signals to point to a short-term direction.

ETFs Continue Inflow Streak

On Wednesday, the US BTC spot exchange-traded funds (ETFs) posted another day of positive flows, with a notable $223.52 million in inflows. The total net inflow increased slightly to $57.93 billion.

Of the twelve BTC ETFs, two recorded inflows, compared to yesterday’s eight. None saw outflows. BlackRock took in $192.95 million, followed by Fidelity’s $30.58 million.

Moreover, the US ETH ETFs as well posted another day of positive flows on 10 December, with $57.58 million in inflows. The total net inflow now stands at $13.15 billion.

Of the nine funds, two recorded inflows, and one saw outflows. BlackRock added $56.45 million, followed by Grayscale’s $7.91 million, while Fidelity let go of $6.78 million.

Meanwhile, Ark Invest’s CEO Cathie Wood argued that Bitcoin’s four-year cycle may no longer define its long-term performance. Instead, it’s the institutional adoption that’s reshaping volatility, the depth of future drawdowns, and more.

Moreover, Galaxy said that it will establish an operation under the Abu Dhabi Global Market (ADGM), the emirate’s international financial centre and a rising destination for crypto and fintech firms.

Quick FAQ

1. Why did crypto move against stocks today?

The crypto market recorded a decrease over the past 24 hours, and the US stock market closed its previous session sharply higher. By the closing time on Wednesday, 10 December, the S&P 500 was up by 0.67% (just missing an all-time high), the Nasdaq-100 increased by 0.42%, and the Dow Jones Industrial Average rose by 1.05%. This comes after the US Federal Reserve cut the key rate to a range of 3.5% to 3.75%.

2. Is this drop sustainable?

The market has been largely consolidating over the past month. Analysts expect it to continue moving in the existing range in the short time, while investors wait to see if Bitcoin’s four-year cycle will indeed break or will remain as it historically presented itself.

The post Why Is Crypto Down Today? – December 11, 2025 appeared first on Cryptonews.

The crypto market is up today, with the cryptocurrency market capitalisation increasing by 2.6% to $3.25 trillion. 92 of the top 100 coins have gone up over the past 24 hours. At the same time, the total crypto trading volume is at $147 billion.

Crypto Winners & Losers

At the time of writing, 9 of the top 10 coins per market capitalization have seen their prices increase over the past 24 hours.

Bitcoin (BTC) is up by 2.3% since this time yesterday, currently trading at $92,694.

Bitcoin (BTC)

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Ethereum (ETH) is up by 6.6%, now changing hands at $3,331. This is the category’s highest increase today.

The second-highest rise is Solana (SOL)’s 4.4%, trading at $139.

It’s followed by Dogecoin (DOGE)’s 4.2% to the price of $0.1468.

The smallest rise in the category is 0.7% by Binance Coin (BNB), now standing at $893.

The only fall among the ten is 0.4% by Tron (TRX), currently trading at $0.28.

As for the top 100 coins, 92 have appreciated over the past day.

MemeCore (M) increased the most among these with the only double-digit rise: 10.2% to $1.45.

Cardano (ADA) follows with a 7.6% rise to $0.4603.

When it comes to the red coins, Bitcoin Cash (BCH) fell the most: 1.8% to $563.

LEO Token (LEO) is next, with a fall of 1.3% to $9.54.

Traders are focused on the US Federal Reserve’s decision on the interest rate cut expected to be announced today. However, many argue that the cut is already priced in.

Meanwhile, Changpeng Zhao argued that Bitcoin could see a major rally in 2026, potentially matching gold’s performance.

A Consolidation Period Ahead

Koinly CEO Robin Singh commented that BTC’s recent uptick to almost $93,000 ahead of the US Federal Reserve rate cut decision “clearly signals that bulls are firmly defending the $90,000 level, which is now looking like the bottom, at least, for now.”

According to Singh,

“From here, a period of consolidation between $90,000 and $95,000 over the coming weeks is a ‘probably outcome’, as the market waits for a new catalyst capable of driving the next leg higher.”

However, that kind of pause should not be seen as a negative, he argues. Much of 2024 was defined by consolidation, but a major macro catalyst – in that case, the outcome of the US presidential election – triggered a sharp rally across markets.

He continues: “Periods like this often signal maturation rather than weakness, with Bitcoin holding its ground even in the absence of immediate drivers for fresh momentum.”

Moreover, Bitunix analysts noted that geopolitical uncertainty is rising, so the crypto market sentiment remains cautious.

Notably, “within the negotiation framework, the U.S., Ukraine, and Europe remain locked in a three-way tug-of-war. If ongoing negotiation headlines continue to fuel safe-haven demand, volatility may be driven by a combination of macro sentiment and liquidity positioning,” the analysts said.

For now, BTC is watching resistance at $93,200, with support at $90,000–$91,000.

They advise investors to monitor the effects of the news flows on dollar dynamics and safe-haven demand, and to assess whether geopolitical noise may spill over into broader risk-asset volatility.

Levels & Events to Watch Next

At the time of writing on Wednesday morning, BTC stood at $92,694. The prise recorded a clear jump from the intraday low of $90,040 to the intraday high of $94,489.

However, the charts turned red in the 7-day period. BTC is now down 0.3%, but such a small move also means that it’s largely unchanged in this timeframe.

If the coin reclaims the $98,000–$100,000 range, it could push forward to $105,000 and $110,000. However, if it drops below $90,000, it could pull back to the $82,000–$85,000 zone.

Ethereum is currently changing hands at $3,122. Like BTC, it saw a significant jump earlier in the day, climbing from the day’s low of $3,099 to the high of $3,388.

That said, unlike BTC, ETH remains green in the 7-day timeframe, appreciating 8.6%.

ETH supply has hit a 10-year low, a setup for major rallies. The price could proceed towards $3,400, followed by the $3,500-$3,600 range. Should it pull back, the price may fall to the $2,900 level.

Meanwhile, the crypto market posted a notable increase on Wednesday morning, even if it still remains in the fear territory. The crypto fear and greed index rose to 30 today from 25 yesterday.

It seems that market participants remain highly cautious while experiencing a mild increase in optimism.

Even though many argue that the US rate cut is already priced in, today’s news could still affect the sentiment.

ETFs Go Green Again

Following a day of outflows, the US BTC spot exchange-traded funds (ETFs) recorded $151.74 million in inflows. The total net inflow now stands at $57.71 billion.

Of the twelve BTC ETFs, a whopping eight recorded inflows, and one saw outflows. BlackRock accounts for the entirety of the negative flows: $28.76 million.

At the same time, Fidelity saw the highest amount of inflows of $198.85 million, followed by Grayscale’s $33.79 million and Bitwise’s $16.22 million.

Moreover, the US ETH ETFs posted another day of positive flows on 9 December, with $177.64 million in inflows. This is the highest amount since late October. The total net inflow now stands at $13.09 billion.

Of the nine funds, seven recorded inflows, and none saw outflows. Fidelity took in the most on Tuesday: $51.47 million.

It’s followed by Grayscale’s $45.19 million and BlackRock’s $35.29 million.

Meanwhile, Vivek Ramaswamy’s Strive Asset Management has announced a $500 million preferred stock offering, aiming to acquire more BTC. It currently holds 7,525 BTC, worth some $695.93 million.

Moreover, the US Office of the Comptroller of the Currency has allowed national banks to act as intermediaries in crypto trades. They can now buy from one customer and sell to another without holding inventory.

Quick FAQ

1. Why did crypto move with stocks today?

The crypto market recorded an increase over the past 24 hours, and the US stock market closed mixed during its previous session. By the closing time on Tuesday, 9 December, the S&P 500 was down by 0.088%, the Nasdaq-100 increased by 0.16%, and the Dow Jones Industrial Average fell by 0.38%. Investors expect the US Federal Reserve to lower their policy rate by a quarter percentage point today.

2. Is this rally sustainable?

The market is expected to continue moving in this tight range we’ve been observing for the past month, though major macroeconomic prompts could push it outside that range – in either direction.

The post Why Is Crypto Up Today? – December 10, 2025 appeared first on Cryptonews.

Major crypto exchange OKX has joined hands with Deltix to expand institutional trading capabilities for clients across the U.S. Per the announcement, the companies in this country will be able to access, for the first time, regulated digital-asset liquidity via the same infrastructure they use for equities and FX.

Deltix is a division of EPAM Systems, which provides digital development, software engineering, and product design services among others.

Moreover, this particular division offers institutional-grade trading and quantitative research platforms to funds, brokers, and trading firms across markets.

According to Ilya Gorelik, CEO of Deltix, the integration provides clients with a unified trading experience across traditional and digital markets.

Also, per the OKX press release, the partnership connects the worlds of traditional and digital asset markets. The former brings “mature infrastructure, sophisticated risk management, and regulatory guardrails,” while the latter boasts “innovation, transparency, and opportunity.”

Moreover, “several” quant funds and algorithmic trading firms already use the integration to extend digital-asset exposure within their quantitative and execution frameworks, the companies note.

One of them is Windy Financial. Its Head of Digital Strategies, Brian Petersen, commented that the partnership provides “a seamless, institutional-grade solution that lets us execute digital strategies […] without venturing into offshore or unregulated markets. It’s a powerful step forward for quantitative and institutional firms seeking high-performance, compliant market access.”

Digital and Traditional Markets on the Same Infrastructure

Institutions increasingly look to participate in digital-asset markets, the partners say. They expect the same level of governance, reliability, and performance as in TradFi.

“This partnership brings digital assets directly into the same infrastructure that professional traders and funds already rely on every day,” says Roshan Robert, OKX US CEO. It gives U.S. institutional clients regulated, onshore access to digital-asset markets.

At the same time, these institutions gain access to the liquidity and execution quality through OKX’s global shared order book.

U.S. institutional clients can now access OKX’s spot markets available via Deltix. They can integrate digital asset trading into existing quant and execution workflows.

Moreover, they can execute against OKX’s global shared order book. This way, they gain liquidity and performance necessary for institutional-grade trading, OKX says. They can test, trade, and deploy quantitative strategies for digital assets alongside their TradFi workflows.

Then, the clients can leverage the exchange’s APIs for execution and market-data connectivity.

Additionally, clients route activity through OKX’s licensed U.S. entity, which provides them with full regulatory compliance.

Finally, they can manage risk, analytics, and reporting within their native infrastructure.

“The partnership fills a critical gap in end-to-end infrastructure for quantitative, fund, and proprietary-trading firms seeking efficient digital-asset execution, research, and analytics,” the announcement concludes.

The post OKX and Deltix Boost US Institutional Trading appeared first on Cryptonews.

After starting the week with an increase, the crypto market is down today, with the cryptocurrency market capitalisation falling by 1.2%. It currently stands at $3.17 trillion. 86 of the top 100 coins have gone down over the past 24 hours. At the same time, the total crypto trading volume is at $116 billion.

Crypto Winners & Losers

At the time of writing, all top 10 coins per market capitalization have seen their prices decrease over the past 24 hours.

Bitcoin (BTC) is down by 1.1% since this time yesterday, currently trading at $90,480.

Bitcoin (BTC)

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Ethereum (ETH) is down by 0.3%, meaning that it’s practically unchanged, now changing hands at $3,122. This is the category’s smallest drop.

The highest fall among the ten is 2.1% by Tron (TRX), currently trading at $0.2811.

Solana (SOL)’s 1.9% is behind it, now standing at $133.

Looking at the top 100 coins, 86 have dropped over the past day.

At the red top we find Hyperliquid (HYPE), which fell 6.1% to the price of $28.2.

It’s followed by Internet Computer (ICP)’s 4.7% to $3.37.

The two best performers yesterday are also the two best performers today.

Zcash (ZEC) saw a 12.8% increase to the price of $419.

Canton (CC) is up 9.8%, now changing hands at $0.07446.

Traders are focused on the US Federal Reserve and the speed at which it will cut rates following the expected announcement, set for this week. That said, many argue that the cut is priced in.

Meanwhile, the US Commodity Futures Trading Commission (CFTC) has launched a pilot that lets Bitcoin, Ether, and USDC serve as collateral in derivatives markets.

$91,000 Resistance Level

Aurelie Barthere, Principal Research Analyst at Nansen, commented that “all eyes are on Bitcoin’s $91,000 resistance level.” This is where the 20-day EMA meets the downward trend from last October.

“Following the FOMC+ meeting, I expect BTC to hover around this level without a decisive break,” the analyst says.

Nansen expects a rate cut, which is already priced into markets, and guidance from the Federal Reserve Chair Jerome Powell emphasizing a data-dependent path forward.

“With a two-month lag in labor-market data, the Fed is likely to maintain a wait-and-see stance,” Barthere says. “In the Summary of Economic Projections, I’m expecting the terminal rate to hold near 3.0%, reflecting a Committee still divided between hawks and doves.”

Barthere concludes that “looking ahead to early 2026, the official announcement of Kevin Hassett as the next Fed Chair should be bullish for crypto, and it’s notable that this decision, originally expected this year, has been delayed.”

Levels & Events to Watch Next

At the time of writing on Tuesday morning, BTC stood at $90,480. There was a notable plunge earlier in the day from the intraday high of $92,203 to the low of $89,735. It then recorded another smaller peak at $91,353 before pulling back to the current price.

BTC is still green in the 7-day time frame, having appreciated 4.1% and moving between $86,418 and $93,855.

A drop below $85,000 could lead to the $78,000 which would open doors for further decreases. However, if BTC recovers above $95,000 and then $102,000, it could proceed to the $108,000 level.

Ethereum is currently changing hands at $3,122. It saw a lot choppier trading day than BTC. It decreased from the day’s high of $3,171 to the low of $3,093, the level it hit twice today.

Over the past week, ETH has outperformed BTC again, having increased by 11.3%. It traded in the $2,796–$3,222 range.

If it continues falling, the price could retreat below $3,000 and towards $2,850. On the other hand, if it reclaims the $3,300 level, it may keep rising to $3,450 and $3,560.

Meanwhile, the crypto market saw a minor increase on Tuesday morning, staying within the fear territory. The crypto fear and greed index rose to 25 today compared to 24 yesterday.

That said, it’s been moving in a tight range over the past 30 days, occasionally dropping into the extreme fear zone.

This highlights notable caution and indecisiveness, much in line with the market conditions overall.

ETFs Post Another Mixed Day, Strategy Buys More BTC

The ETF week has begun in the red. On Monday, the US BTC spot exchange-traded funds (ETFs) recorded $60.48 million in outflows. With this, the total net inflow pulled back to $57.65 billion.

Of the twelve BTC ETFs, one recorded inflows, and three saw outflows. BlackRock accounts for the entirety of the positive flows, adding $28.76 million.

At the same time, Grayscale saw the highest outflows of $44.03 million, followed by Fidelity’s $39.44 million and VanEck’s $5.76 million.

Moreover, the US ETH ETFs posted positive flows on 8 December, breaking a brief red streak with $35.49 million in outflows. The total net inflow now stands at $12.91 billion.

Of the nine funds, two recorded inflows, and none saw outflows. BlackRock took in $23.66 million, and Grayscale took in $11.83 million.

Meanwhile, Michael Saylor’s company Strategy has purchased additional 10,624 BTC for approximately $962.7 million at an average price of $90,615 per coin. The move has many wonder if the company is expecting a notable rally.

This latest acquisition brings Strategy’s total holdings to 660,624 BTC, bought for $49.35 billion at an average price of $74,696.

Quick FAQ

1. Why did crypto move with stocks today?

The crypto market recorded a decrease over the past 24 hours, and the US stock market closed its previous session lower. By the closing time on Monday, 8 December, the S&P 500 was down by 0.35%, the Nasdaq-100 decreased by 0.25%, and the Dow Jones Industrial Average fell by 0.45%. All eyes are on the Federal Reserve, with investors across the board awaiting its decision on the interest rate cut this week.

2. Is this drop sustainable?

This is an expected drop following an increase in the market, albeit a smaller one. The market continues trading in a tight range.

The post Why Is Crypto Down Today? – December 9, 2025 appeared first on Cryptonews.

Pye Finance has revealed a $5 million seed round led by some of the major players in the space. The goal is to turn billions in locked SOL stakes into an active yield market.

Variant and Coinbase Ventures led this round, with participation from Solana Labs, Nascent, Gemini, and others, according to the press release.

Pye says that it’s building bond markets for validators and stakers on Solana (SOL). The platform enables validators to draw and keep stake. They can offer rewards across more than a thousand validators.

According to the team, they accomplish this by creating transferable, time-locked staking positions with transparent reward sharing.

Moreover, they argue that the approach opens up novel DeFi use cases. These include lending and restaking, as well as fixed-yield products for the $60 billion locked in staking.

Per Brian Long. CEO of Block Logic & Triton, “Stake Trading unlocks new possibilities for both stakers and validators which is much needed.”

According to Alana Levin, investor at Variant, Pye’s staking marketplace could “fundamentally change how staking operates on Solana. By allowing validators and stakers to better align their preferences – for example, enabling validators to offer higher yields in exchange for longer lockups – Pye creates a more efficient, transparent, and incentive-aligned staking ecosystem.”

Meanwhile, Pye is the product of Alberto Cevallos, co-founder of Bitcoin yield aggregator on Ethereum BadgerDAO, and Erik Ashdown, an exec with a background in structured products in traditional markets.

“Validators have become the underbanked layer of Web3,” Ashdown says. Pye is building a financial infrastructure that lets validators operate like asset managers, offering structured products and predictable returns.

Notably, this raise follows a closed alpha. The team plans to launch a private beta in the first quarter of 2026. Early access is currently available to validators and staking providers.

Passive Billions ‘Turning’ Into Active Yield Market

Staking is shifting from a passive yield mechanism into a programmable financial layer, the team says. Institutional stakers look for transparent reward structures, customizable terms, and the option to trade or borrow against locked positions.

Therefore, Pye says it’s turning validators from node operators into yield providers who can “compete on product offerings rather than just commission rates.” It’s creating the first onchain marketplace for time-locked staking positions on Solana, it adds.

With this, they claim, they’ll turn Solana’s billions in locked stake into an active, programmable yield market.

The total staked currently sits at 422.6 million SOL, or nearly $59 billion.

Notably, the team argues that these accounts have seen no updates in years and have no liquidity. Additionally, they lack customization and control over staking rewards.

At the same time, institutions and digital asset treasuries (DATs) are asking for a bigger piece of the reward pie, the Solana Foundation’s Delegation Program (SFDP) is seeing a cut, and smaller validators have to scramble to find ways to generate revenue or attract stakers.

Pye says its solution is an upgrade to Solana’s native Staked accounts. Validators gain control over their staking rewards and time locks. Validator agreements move onchain as ‘transferable locked stake’ – they are locked but can be traded on secondary markets. These are split into a Principal Token and a Rewards Token (RT).

“The aim is to enable validators to offer more flexible and dynamic products, tapping into additional revenue opportunities while delivering greater utility to stakers,” the press release says. “Without the ability to structure term-based deals, reward loyalty, or provide additional utility–such as better accounting, rewards forwarding, or other features–many validators are left vulnerable to sudden outflows that can destabilize operations.”

Dan Albert, Solana Foundation’s Executive Director, commented that Pye’s “tradeable, fixed-term positions at the validator level represent a major unlock for both rewards discovery and capital efficiency in proof-of-stake networks, and open up new opportunities.”

The post Variant, Coinbase Ventures, Gemini and More Invest $5M in Solana Staking ‘Transformer’ Pye Finance appeared first on Cryptonews.

The week begins green, as the crypto market is up today, with the cryptocurrency market capitalisation rising by 2.2%. It stands at $3.2 trillion. 90 of the top 100 coins have gone up over the past 24 hours. At the same time, the total crypto trading volume is at $111 billion.

Crypto Winners & Losers

At the time of writing, all top 10 coins per market capitalization have seen their prices rise over the past 24 hours.

Bitcoin (BTC) is up by 2.4% since this time yesterday, currently trading at $91,532.

Bitcoin (BTC)

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Ethereum (ETH) is up by 3.3%, now changing hands at $3,133. This is the highest increase among the ten.

The second-highest rise is Solana (SOL)’s 2.8% to $135.

The smallest increase in the category is 0.4% by Tron (TRX), currently trading at $0.2869.

When it comes to the top 100 coins, 90 have appreciated over the past day.

At the top we find Zcash (ZEC), with a 9.2% increase to the price of $370.

It’s followed by Canton (CC)’s 8%, now changing hands at $0.06749.

On the other hand, Monero (XMR) and MemeCore (M) fell the most among the ten that have gone red over the past day. The former is down 2.8% to $375, while the latter fell 2% to $1.23.

These are also the only two coins with decreases above 1%.

Meanwhile, several notable developments occurred globally. Philippines’ GoTyme Bank has launched crypto trading for its 6.5 million customers through a partnership with US fintech firm Alpaca.

Robinhood Markets announced two key acquisitions, marking its official entry into the Indonesian market, Binance secured three new licences in Abu Dhabi, and Coinbase reopened registration in India after a two-year operational hiatus.

Correction May Take Months To Complete

John Glover, Chief Investment Officer of Ledn, commented how a number of headlines are indicating that BTC’s bounce off of the $81,500 level over this past week “signals that we are on our way to new highs by year end.”

“I disagree,” he says.

He argues that the Rule of Alternation suggests that if Wave II is fairly simple in its A-B-C formation, then Wave IV is likely to be complex.

“To me what we’ve seen since the Wave III high thus far is only the A wave of the Wave IV A-B-C correction, and will take months to complete.”

“I continue to look for the market to trade in a $71,000 to $105,000 range for the next 4-6 months, and intend to accumulate BTC in the $72,000 to $84,000 range as the opportunity presents itself,” Glover says.

“If we have a 2 day close above $108,000 I’ll make the call that the correction is over and ensure that I have my full long position in place at that time,” he concludes.

Levels & Events to Watch Next

At the time of writing on Monday morning, BTC stood at $91,532. After a brief dip to the intraday low of $87,887, the price jumped to the day’s high (so far) of $91,786.

Moreover, BTC is up 6.3% over the past 7 days, trading in the $84,553–$93,855 range. It’s down 10.3% in a month and 27.3% from its all-time high of $126,080.

Clearing and holding the $94,600 level could confirm bullish continuation. In this case, BTC could move towards $100,000. Conversely, the price could drop to the $76,000 level.

Ethereum is currently changing hands at $3,133. Like BTC, ETH saw a brief dip earlier in the day, dropping to the intraday low of $2,941 before jumping to the intraday high of $3,145.

It also appreciated just below 11% in a week, trading between the low of $2,736 and the high of $3,222.

Meanwhile, ETH is down 9% in a month and 36.7% from its ATH of $4,946.

If the bulls continue running, we could see ETH move above $3,230, followed by the $3,300 and $3,380 levels. But a fall below $2,800 may lead to the $2,550 level.

Meanwhile, the crypto market sentiment dropped further over the weekend within the fear territory but then increased slightly on Monday. The crypto fear and greed index moved between 20 and 21 in the previous two days, before increasing to 24 today.

This index has largely moved between 10 and 25 over the past month, indicating market participants’ caution and reflecting the market’s own moves within a tight range.

ETFs See Mixed Performance

On Friday, 5 December, after two days of outflows, the US BTC spot exchange-traded funds (ETFs) saw a $54.79 million in positive flows. The total net inflow is now at $54.79 billion.

Of the twelve BTC ETFs, five recorded inflows, and one saw outflows. BlackRock accounts for the entirety of the negative flows, letting go of $32.49 million.

On the other hand, Ark&21Shares added $42.79 million, followed by Fidelity’s $27.29 million.

The US ETH ETFs posted negative flows on Friday for a second day in a raw, with $75.21 million in outflows. The total net inflow pulled back to $12.88 billion.

BlackRock is responsible for this entire amount. Of the nine funds, none recorded inflows.

Notably, more than 100 publicly traded companies transformed into crypto-holding vehicles in the first half of 2025, borrowing billions to buy digital tokens, copying Michael Saylor’s Bitcoin strategy.

However, they have seen median stock prices fall 43% year-to-date despite broader market gains, resulting from the way they fund crypto purchases.

Meanwhile, Vitalik Buterin has suggested a trustless, onchain futures market that would let users lock in future Ethereum transaction fees.

Quick FAQ

1. Why did crypto move with stocks today?

The crypto market recorded an increase over the past 24 hours, as did the US stock market during the last session last week. By the closing time on Friday, 5 December, the S&P 500 was up by 0.19%, the Nasdaq-100 increased by 0.43%, and the Dow Jones Industrial Average rose by 0.22%. This followed a US inflation report that boosted expectations that the Federal Reserve will cut interest rates next week.

2. Is this rally sustainable?

We are likely to see prices rise at least moderately higher in the coming days and, potentially, weeks. Nonetheless, expect the typical short-tem decreases.

The post Why Is Crypto Up Today? – December 8, 2025 appeared first on Cryptonews.

After nearly a full week of rising prices, the crypto market is down today, with the cryptocurrency market capitalisation falling by 1.1%, now standing at $3.23 trillion. 90 of the top 100 coins have gone up over the past 24 hours. At the same time, the total crypto trading volume is at $114 billion.

Crypto Winners & Losers

At the time of writing, all top 10 coins per market capitalization have seen their prices rise over the past 24 hours. Two recorded double-digit increases.

Bitcoin (BTC) fell by 1.2% since this time yesterday, currently trading at $92,227.

Bitcoin (BTC)

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Ethereum (ETH) is down by 0.6%, now changing hands at $3,169. This is the smallest decrease among the ten.

XRP saw the highest fall, going down by 3.9% to $2.09.

It’s followed by Solana (SOL)’s 3% to $139.

The only coin to see an increase is Tron (TRX), having gone up 2.4% and currently standing at $0.2868.

Looking at the top 100 coins, we find that only 10 appreciated over the past day.

Provenance Blockchain (HASH) increased the most in the category: 18.5% to the price of $0.02584.

Zcash (ZEC) follows with a 10.2% increase to $396. The rest are up below 4%.

On the other hand, Hyperliquid (HYPE) and Pump.fun (PUMP) fell the most. The former is down 5.6% to $33, while the latter fell 5.4% to $0.003101.

The shift in the market follows a mix of labour data, central bank moves, and choppy equity markets in Asia, Europe and the US.

Meanwhile, major Korean Woori Bank has begun displaying BTC prices inside its main trading room in Seoul. This is the first time a commercial bank in the country has integrated a crypto price feed directly into its main dealing space.

“As digital assets continue to grow in prominence and influence in global financial markets, we determined that they should be monitored as a key indicator to better read overall market trends,” an official said.

‘Holding $96K–$106K Is Critical’

According to Glassnode, Bitcoin stabilized above the critical valuation anchor, the True Market Mean (the cost basis of all non-dormant coins).

“This level often marks the dividing line between a mild bearish phase and a deep bear market,” the analysts explain.

However, the broader market structure is still increasingly mirroring the dynamics of Q1 2022, with over 25% of supply underwater.

“This creates a fragile balance between the risk of top-buyer capitulation and the potential for seller exhaustion to form a bottom. Nevertheless, the current structure remains highly sensitive to macro shocks until the market can reclaim the 0.85 quantile (~$106.2K) as support.”

Importantly, holding $96,000–$106,000 is critical to avoid further downside, says the report.

Furthermore, Bitunix analysts noted that the US will release the September PCE inflation data today. The result will directly influence the December rate decision. The probability of a 25-basis-point rate cut currently stands at 87%, the analysts say.

Ahead of this release, “the market has entered a compressed-volatility, wait-and-see structure, with BTC’s key battleground concentrated between $91,000–$95,000. If the data confirm continued disinflation, the probability of a year-end rebound will rise; otherwise, the choppy structure is likely to persist, with capital flows shifting back toward defensive and short-duration positioning.”

Levels & Events to Watch Next

At the time of writing on Friday morning, BTC stood at $92,227. It started the day with the high of $93,577, gradually decreasing to the current price. Very briefly, it fell to the intraday low of $91,029.

Looking at the past week, we’ve seen the price increase just below 1%. In this period, BTC moved between $84,553 and $93,855.

If the price continues falling, it could go back to the $90,000 level, possibly below. On the other hand, a bullish shift could push it to $96,500 and towards the $100,000 mark.

Ethereum is currently changing hands at $3,169. It initially jumped to the intraday high of $3,217 before briefly plunging to the low of $3,076. It has recovered quickly.

ETH has outperformed BTC in the 1-week timeframe. It’s up 5%, trading in the $2,736-$3,222 range.

A bullish breakout of the $3,350 resistance could confirm a bullish trend reversal. This would clear a path for the price to move above $3,500 and then towards $4,000. However, should the decline continue, we may see a pullback towards $2,900.

Meanwhile, after a couple of days of increases, the crypto market sentiment reversed course and dropped again within the fear territory. The crypto fear and greed index stands at 25 today, compared to 27 yesterday.

Given the level of uncertainty among the market participants at the moment, it wouldn’t be surprising if the index drops back into the extreme fear zone. It would take a significant push from major macroeconomic news for it to quickly move out of the fear and into the neutral zone in the short term. Therefore, it will likely take time.

ETFs Go Red

On Thursday, 4 December, the US BTC spot exchange-traded funds (ETFs) saw a second straight day of outflows with $194.64 million. The total net inflow pulled back to $57.56 billion.

Of the twelve BTC ETFs, five recorded outflows, and none saw inflows. BlackRock accounts for the majority of the negative flows, letting go of $112.96 million. Fidelity follows with $54.2 million.

The US ETH ETFs also posted negative flows on Thursday. They saw $41.75 million in outflows. The total net inflow now stands at $12.95 billion.

Of the nine funds, one recorded inflows, and three saw outflows. BlackRock took in $28.35 million, while Grayscale let go of $30.96 million.

Notably, Strategy, the world’s largest corporate BTC holder, has earmarked a $1.44 billion US dollar reserve as a liquidity buffer against a prolonged market downturn. CryptoQuant argues that this move signals preparation for a potential bear market phase.

Strategy said it may also sell BTC or BTC derivatives as part of its risk-management toolkit if market conditions deteriorate.

Meanwhile, quantitative trading firm Jane Street took a stake in the company called Antithesis, which claims to have strengthened the Ethereum blockchain. Jane Street led the company’s Series A funding round, where it received $105 million in total.

Quick FAQ

1. Why did crypto move with stocks today?

The crypto market recorded a decrease over the past 24 hours, while the US stock market saw a mixed session on Thursday. By the closing time on 4 December, the S&P 500 was up by 0.11%, the Nasdaq-100 decreased by 0.097%, and the Dow Jones Industrial Average fell by 0.067%. This followed a fresh set of data on the US labour market and preceded a key inflation reading set for today.

2. Is this drop sustainable?

Minor drops are common for the markets, and today’s is not out of the ordinary. Analysts argue that we could still see the rally continue, at least in the next few weeks, unless the market is hit by a major macro shock.

The post Why Is Crypto Down Today? – December 5, 2025 appeared first on Cryptonews.

The crypto market is up today, seeing a much smaller increase than yesterday, with the cryptocurrency market capitalisation rising by 0.7%, now standing at $3.26 trillion. 75 of the top 100 coins have gone up over the past 24 hours. At the same time, the total crypto trading volume is at $162 billion.

Crypto Winners & Losers

At the time of writing, all top 10 coins per market capitalization have seen their prices rise over the past 24 hours. Two recorded double-digit increases.

Bitcoin (BTC) appreciated by 0.4% since this time yesterday, currently trading at $93,351. This is the second-smallest increase in the category.

Bitcoin (BTC)

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Ethereum (ETH) is up by 4.6%, now changing hands at $3,194. This is the highest increase among the ten.

It’s followed by Binance Coin (BNB)’s 1.4% to $910.

The smallest increase is 0.1% by Tron (TRX), currently standing at $0.2803.

At the same time, two coins have gone red since yesterday. XRP is down 0.7% to $2.17, while Dogecoin (DOGE) fell 0.1% to $0.15.

In the top 100 coins, 75 appreciated over the past day. Bittensor (TAO) appreciated 8.3% to the price of $310.

Zcash (ZEC) follows with an 8% decrease to $363.

On the other hand, Provenance Blockchain (HASH) fell the most in the category: 10.8% to the price of $0.02193.

Hedera (HBAR) is next, having dropped 3.4% to $0.1424.

Meanwhile, Bitfinex argued that the market is showing “seller exhaustion” after a period of heavy deleveraging and panic-driven exits by short-term holders.

“The combination of extreme deleveraging, capitulation among short-term holders, and early signs of seller exhaustion has created the conditions for a stabilisation phase and a relief bounce,” it said.

‘Staying In Structurally Volatile, Range-Bound Regime’

Bitunix analysts commented that the market is entering a composite phase of “macroeconomic turning-point expectations plus internal capital rotation within crypto.” This is against the backdrop of weakening employment and rising rate-cut expectations.

Also, ETF flows and liquidation structures suggest a divergence in risk appetite, not a synchronized expansion.

“In the short term, the market remains in a structurally volatile, range-bound regime,” the analysts say. “Going forward, close attention should be paid to whether rate expectations are revised further downward and whether capital continues to rotate from Bitcoin into higher-beta assets, as these factors will determine the risk level and trend slope of the next phase of the market.”

Meanwhile, Alexis Sirkia, Chairman of Yellow Network, argues that “the market’s current late-cycle fragility is not a pricing problem, but an architectural one.”

The trustlessness that drove initial innovation in Web3 is now lost amidst systems that burden themselves with on-chain settlement of every micro-transaction, the Chairman says. “This is why the entire asset class still remains tethered to the movements in Big Tech and equity markets.”

Moreover, real decoupling of crypto from TradFi will be driven by increased operational efficiency and by ETF inflows, be it for BTC or the emerging XRP products.

“We are witnessing the final phases of the Layer 1 and Layer 2 scaling debate,” Sirkia says. “The future requires a high-performance Layer 3, that operates off-chain, delivering the millions of transactions per second required for real-world utility.”

Additionally, the next step for DeFi is a new utility layer, not a new asset class. “The projects and tokens that transition to high-throughput, low-friction architecture will revive the industry, and propel it to greater heights.”

Levels & Events to Watch Next

At the time of writing on Thursday morning, BTC stood at $93,351. It was quite a choppy trading day for the coin, overall moving between $91,958 and $94,000.

It has also increased by 2.3% over the past week, trading in the $84,553–$93,855 range.

Moving above $96,000 would leave the door open for the price to surpass $100,000 and $112,000. On the other hand, a drop below $90,000 may lead to another drop to the $80,000 level.

Ethereum is currently changing hands at $3,194. Its trading day was notably steadier than BTC’s. It saw a relatively gradual increase from the intraday low of $3,039 to the intraday high of $3,231.

Moreover, it increased by 5.6% in the 7-day period, trading between $2,736 and $3,222.

If the bull keeps running, ETH could reclaim the $3,500 level. This would enable it to rise further towards $3,650 and $3,820.

Meanwhile, the crypto market sentiment saw another increase today within the fear territory. The crypto fear and greed index stands at 27 today, compared to 22 yesterday.

As a reminder, the sentiment sat at just 16 two days ago, firmly within the extreme fear zone.

We are seeing notable increases in optimism, but it doesn’t mean that the market participants are any less cautious or worried about short-term outcomes. They’re awaiting further economic data.

ETFs Post Another Mixed Day

On Wednesday, 3 December, the US BTC spot exchange-traded funds (ETFs) broke the inflow streak, recording $14.9 million in outflows. With this, the total net inflow pulled back slightly to $57.76 billion.

One of the 12 BTC ETFs recorded inflows, and three saw outflows. BlackRock took in $42.24 million.

At the same time, Ark&21Shares recorded outflows of $37.09 million, while Grayscale let go of $19.7 million.

On the other hand, the US ETH ETFs broke a brief streak of negative flows. On Wednesday, it saw $140.16 million in inflows. The total net inflow now stands at $13 billion.

Of the nine funds, five recorded inflows, and none saw outflows. Of these, BlackRock took in the most, posting $53.01 million in inflows. Fidelity is next, with $28.11 million in positive flows.

Meanwhile, the US Securities and Exchange Commission (SEC) blocked the launch of 3-5x leveraged crypto ETFs. These vehicles are designed to deliver three to five times the daily performance of stocks and cryptocurrencies.

One of the key issues is a rule that limits how much leverage a fund can use. It caps a fund’s value-at-risk exposure at 200% of its reference benchmark.

Quick FAQ

1. Why did crypto move with stocks today?

The crypto market saw a minor increase over the past 24 hours, while the US stock market posted another day of gains during its Wednesday session. By the closing time on 3 December, the S&P 500 was up by 0.3%, the Nasdaq-100 increased by 0.2%, and the Dow Jones Industrial Average rose by 0.86%. This is also the seventh time in eight sessions that major indexes ended higher.

2. Is this rally sustainable?

Analysts argue that there is still room for the market to rise, even if we see drops along the way. Per charts, many say, we may see a rally continue until the end of this year and possibly into the beginning of the next.

The post Why Is Crypto Up Today? – December 4, 2025 appeared first on Cryptonews.

The crypto market is up today, seeing a more convincing push up than yesterday, with the cryptocurrency market capitalisation rising by 7.4%, now standing at $3.24 trillion. 95 of the top 100 coins have gone up over the past 24 hours. At the same time, the total crypto trading volume is at $189 billion.

Crypto Winners & Losers

At the time of writing, all top 10 coins per market capitalization have seen their prices rise over the past 24 hours. Two recorded double-digit increases.

Bitcoin (BTC) appreciated by 7% since this time yesterday, currently trading at $92,992. This is actually the second-smallest rise in the category.

Bitcoin (BTC)

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Ethereum (ETH) is up by 9.1%, now changing hands at $3,055. This is the third-highest increase among the ten.

The biggest gainer is Solana (SOL), with a 12.1% jump to $141.

It’s followed by Dogecoin (DOGE)’s 11.3%, which is now trading at $0.1506.

The smallest increase is 0.8% by Tron (TRX), currently standing at $0.2801.

In the top 100 coins, 95 appreciated over the past day. Notably, 23 of these recorded double-digit rises.

At the top we find Sui (SUI), which is up 30.8% to the price of $1.75.

Chainlink (LINK)is next, having appreciated 19.6% to $14.41.

Of the five red coins, LEO Token (LEO) fell the most: 4.3% to $9.42.

MemeCore (M) follows with a 3.7% drop, currently trading at $1.33.

Notably, Vanguard has reopened access to BTC ETFs for its more than 50 million clients. Bloomberg ETF analyst Eric Balchunas argued that this may be a potential catalyst that could push BTC toward $100,000 as the market heads into 2026.

Moreover, the United Kingdom has formally recognized cryptocurrencies and stablecoins as legal property through a new Act of Parliament. The Property (Digital Assets etc) Bill was granted royal assent. With the approval of King Charles, digital assets will now be protected under property law.

“This gives digital assets a much clearer legal footing, especially for proving ownership or recovering tokens after fraud,” trade body CryptoUK said.

‘A Remarkable Recovery’

Nic Puckrin, investment analyst and co-founder of The Coin Bureau, commented that BTC has staged “a remarkable recovery” over the past 24 hours. It’s the result of “a perfect storm of good news that has finally tipped the balance over in favor of the bulls.”

Firstly, Vanguard finally lifted its long-standing ban on Bitcoin ETFs. “More and more dominoes fall as even the staunchest opponents of crypto succumb to investor demand,” Puckrin says.

Secondly, Bank of America is now recommending a 1%-4% portfolio allocation to crypto. This could bring up to $700 billion in extra liquidity into the asset. This is “with the caveat that not all households will choose to add crypto to their portfolios.”

Thirdly, it also looks likely that crypto-savvy rate-cut proponent Kevin Hassett will be the next US Federal Reserve chair. “With a rate cut on December 10^th largely priced in, all eyes are now on 2026 monetary policy expectations, and so Hassett would be a welcome appointment for markets.”

As a result, the analyst says, BTC has shot up to a key resistance level between $93,000 and $95,000. Notably, this also acted as a resistance zone back in April.

If BTC pushes through this, it will attempt to breach the $100,000 threshold again. The 50-week simple moving average (SMA) at $102,000 is a key level to watch. “It all depends on whether US buyers continue this momentum when the New York market opens this morning,” Puckrin says.

“It’s encouraging that BTC has held steady above the $82,000 support level, and broke through the $89,000 – the cost basis for all ETF buyers. We’re not out of the woods yet, but December may be shaping up to be a far better month than its predecessor, and a Santa rally is certainly not off the cards,” Puckrin concludes.

Levels & Events to Watch Next

At the time of writing on Wednesday morning, BTC stood at $92,992. It recorded a significant increase from the intraday low of $86,410, over the $90,000 mark, and to the high of $93,928.

This is also BTC’s intraweek high. Overall, the coin turned green in the 7-day period, appreciating 5.8%.

If the rally continues, BTC has a chance to push above $98,000 and subsequently $100,000. This would open a path for further gains.

Ethereum is currently changing hands at $3,055. This price started the day with $2,785 but managed to rise back to the $3,000, reaching an intraday high of $3,083.

ETH as well turned green in the 1-week timeframe, having appreciated 3.8% at the time of writing.

It’s now looking toward the $3,150 and $3,230 marks. Pushing past this could lead to additional gains and a rise to $3,500.

Meanwhile, the crypto market sentiment saw a notable rise today, exiting the extreme fear territory and entering the fear territory. The crypto fear and greed index stands at 22 today, compared to 16 yesterday.

While there is a slight increase in optimism, macro uncertainty continues to dominate among market participants, weighing on sentiment.

ETFs Post Another Mixed Day

On Tuesday, 2 December, the US BTC spot exchange-traded funds (ETFs) saw inflows for the fifth day in a row, with $58.5 million. The total net inflow is now at $57.77 billion.

Three of the 12 BTC ETFs recorded inflows, and one saw outflows. After two days of outflows, BlackRock took in $120.14 million. Fidelity and Bitwise follow with $21.85 million and $7.44 million, respectively.

At the same time, Ark&21Shares recorded outflows of $90.94 million.

Moreover, the US ETH ETFs saw a second day of negative flows, letting go of another $9.91 million on Tuesday. With this, the total net inflow pulled back slightly to $12.86 billion.

Of the nine funds, two recorded inflows, and one saw outflows. Fidelity and Grayscale are green today, recording inflows of $50.65 million and $28.11 million, respectively.

However, BlackRock took the entire category into red as it posted $88.68 million in outflows.

Meanwhile, Vanguard has reopened access to BTC ETF for its more than 50 million clients. Bloomberg ETF analyst Eric Balchunas argued that this may be a potential catalyst that could push BTC toward $100,000 as the market heads into 2026.

Moreover, Bank of America has allowed more than 15,000 of its wealth advisers to recommend Bitcoin ETFs to clients for the first time.

Quick FAQ

1. Why did crypto move with stocks today?

The crypto market has posted a notable increase over the past 24 hours, while the US stock market posted gains on Tuesday, boosted by BTC and tech companies gains. By the closing time on 2 December, the S&P 500 was up by 0.25%, the Nasdaq-100 increased by 0.94%, and the Dow Jones Industrial Average rose by 0.39%.

2. Is this rally sustainable?

Today’s increase is a more notable one than what we saw yesterday, potentially forming a base for another leg up. Even if the market turns red in the short-term, many analysts still expect additional gains.

The post Why Is Crypto Up Today? – December 3, 2025 appeared first on Cryptonews.