Market Overview - The cryptocurrency market capitalization has increased by 2.6% to $3.25 trillion, with 92 of the top 100 coins experiencing price increases over the past 24 hours [1][2] - Total crypto trading volume is reported at $147 billion [1] Price Movements - Bitcoin (BTC) has risen by 2.3% to $92,694, while Ethereum (ETH) has seen a significant increase of 6.6% to $3,331, marking the highest rise among major cryptocurrencies [2][3] - Solana (SOL) and Dogecoin (DOGE) follow with increases of 4.4% to $139 and 4.2% to $0.1468, respectively [3] - The smallest rise among the top 10 coins is 0.7% for Binance Coin (BNB), currently priced at $893, while Tron (TRX) is the only coin to decline, falling by 0.4% to $0.28 [4] Notable Performers - Among the top 100 coins, MemeCore (M) has the highest increase at 10.2% to $1.45, followed by Cardano (ADA) with a 7.6% rise to $0.4603 [4] - Bitcoin Cash (BCH) has experienced the largest decline among the top coins, dropping by 1.8% to $563 [4] Market Sentiment and Future Outlook - Market sentiment has shown a notable increase, moving within the fear zone, as traders await the US Federal Reserve's interest rate cut decision [2][5] - Analysts suggest that the $90,000 level for Bitcoin appears to be a strong support level, indicating a potential consolidation period between $90,000 and $95,000 in the coming weeks [2][6] - Changpeng Zhao has predicted a major rally for Bitcoin in 2026, potentially aligning its performance with that of gold [5]
Why Is Crypto Up Today? – December 10, 2025
Yahoo Finance·2025-12-10 12:42