Why Is Crypto Up Today? – December 8, 2025

Market Overview - The cryptocurrency market capitalization has increased by 2.2%, reaching $3.2 trillion, with 90 of the top 100 coins experiencing price increases over the past 24 hours [1][2] - Total crypto trading volume stands at $111 billion [1] Top Performers - Bitcoin (BTC) has risen by 2.4%, currently trading at $91,532, while Ethereum (ETH) has increased by 3.3% to $3,133, marking the highest increase among the top ten coins [2][3] - Solana (SOL) follows with a 2.8% rise to $135, and Tron (TRX) has the smallest increase at 0.4%, trading at $0.2869 [3] Notable Developments - GoTyme Bank in the Philippines has launched crypto trading for its 6.5 million customers through a partnership with US fintech firm Alpaca [5] - Robinhood Markets has made two key acquisitions to enter the Indonesian market [5] - Binance has secured three new licenses in Abu Dhabi, and Coinbase has reopened registration in India after a two-year hiatus [5] Market Sentiment and Predictions - The correction in the market may take months to complete, with potential trading ranges between $71,000 and $105,000 over the next 4-6 months [2] - A two-day close above $108,000 could signal the end of the correction [2] - John Glover, Chief Investment Officer of Ledn, suggests that BTC's bounce off the $81,500 level indicates a potential for new highs by year-end [6]