Market Overview - The total cryptocurrency market capitalization has increased by approximately 0.7%, reaching around $3.04 trillion, with a 24-hour trading volume of about $69.9 billion [1][8] - Market sentiment remains cautious, reflected in the Crypto Fear and Greed Index, which is currently at 28, indicating fear among investors [8] Major Cryptocurrencies Performance - Bitcoin (BTC) has risen by 0.7%, trading at $87,414, maintaining its position near recent highs [3] - Ethereum (ETH) is flat at $2,924 but has gained 3.2% over the past week [3] - BNB (BNB) increased by 0.5% to $840, while XRP (XRP) rose by 0.6% to $1.87 [3] - Solana (SOL) added 0.3%, priced at $121.76, although it remains down over the past week [3] Notable Gainers and Losers - Dogecoin (DOGE) rose by 0.2% to $0.127, continuing its gradual recovery [4] - Beefy (BIFI) surged 197% to $312.55, becoming the top gainer, followed by ZER0BASE with a 69.9% increase to $0.1533, and Minidoge with a 73.3% rise to $0.878 [4] - On the downside, Cardano (ADA) slipped 0.7% to $0.357, WhiteBIT Coin (WBT) fell 0.3% to $56.51, and TRON (TRX) decreased by 1.1% to $0.2796, marking the weakest performance among the top 10 [5] AI Tokens Performance - AI-focused crypto tokens have entered a deep correction, losing approximately 75% of their combined value year over year, which equates to an estimated $53 billion loss from the market [6][8] Economic Outlook Impact - Bitcoin traders are optimistic following Elon Musk's comments regarding potential rapid growth in the US economy, with "double-digit" GDP expansion possible from late 2026 [7][8] - Despite this optimism, Bitcoin continues to consolidate below key resistance levels, with support around $86K–$87K, while Ethereum remains range-bound below $3,000 [8] ETF Outflows - US spot Bitcoin ETFs experienced net outflows of $175.3 million, while US spot Ether ETFs saw losses of $52.7 million [8] Regulatory Developments - Major exchanges in Russia have confirmed their readiness for regulated crypto trading, indicating a potential shift in the regulatory landscape [8]
Why Is Crypto Up Today? – December 25, 2025
Yahoo Finance·2025-12-25 12:27