Crypto News Today: Latest Updates for 24 Dec 2025, Bitcoin Slips Below $88k, Drags Altcoins Down

Market Overview - The crypto market experienced a significant correction, with Bitcoin falling below $88,000 and altcoins like Audiera and WIF suffering sharp losses [1] - Ethereum remained around $3,000 after a 1.5% decline, while the NFT sector saw over 9% losses across top collections [1] - The total market capitalization of the crypto market decreased by $58 billion, bringing it down to $2.91 trillion [1] - Bitcoin's decline negatively impacted altcoins, with Midnight (NIGHT) dropping by 28% in the last 24 hours [1] Future Outlook - VanEck issued an optimistic forecast for 2026, suggesting a positive trend for the crypto market [2] - In 2025, a record $8.6 billion worth of crypto deals were completed, marking an 18% increase in the number of deals compared to 2024 [2] - The year 2025 was noted as the busiest year for crypto deals, according to Charles Kerrigan from CMS [2] - An increase in the number of crypto deals is expected in 2026 [2] Industry Sentiment - Traditional financial players are recognizing the permanence of the crypto asset class and are looking to integrate it into their business models [3] - There is a growing sentiment that acquiring crypto-related businesses is essential for traditional financial institutions [3]