Bitcoin, Ethereum, XRP, Dogecoin Unmoved Even As SEC's Policy Changes Hint At Quicker Crypto ETFs; Analyst Sees BTC's Rally To $130,000 After Pullback - Grayscale Bitcoin Mini Trust (BTC) Common units

Cryptocurrency Market Overview - Leading cryptocurrencies traded sideways despite the SEC easing rules for institutional cryptocurrency products [1][3] - Bitcoin experienced a slight increase of 0.58%, reaching $117,273.58, while Ethereum saw a minor decrease of 0.06% to $4,603.96 [2] - The global cryptocurrency market capitalization rose by 0.6% to $4.10 trillion [5] Market Activity and Trends - Bitcoin nearly broke $118,000 before dropping to $116,527, with trading volumes decreasing by 21% over the last 24 hours [3] - Nearly $250 million was liquidated from the cryptocurrency market, with short liquidations accounting for $160 million [4] - Bitcoin's open interest increased by 2.40%, indicating potential for significant price movement [4] Market Sentiment and Predictions - The Crypto Fear & Greed Index indicated a "Neutral" market sentiment [4] - Analyst Ali Martinez suggested Bitcoin may dip to $112,000 before a potential rally to $130,000, indicating a bullish reversal pattern [9] - Predictions indicate that Bitcoin may peak in January/February 2026 due to institutional interest [10] Stock Market Reaction - Tech stocks rallied following Nvidia's partnership with Intel, with the Dow Jones Industrial Average increasing by 124 points (0.27%) [6] - Intel shares rose by 22.7%, while Nvidia's stock increased by 3.49% during the trading session [7]