The broader crypto market is facing yet another selling pressure, with daily liquidations soaring past $250 million ahead of the US GDP data release on Dec. 23. After the rejection at $90,000, Bitcoin price is down 2.4% as of press time and is currently trading at $87,546. Ethereum and other altcoins have also corrected by a similar magnitude as market volatility picks up. Crypto Market Faces Heightened Volatility Ahead of U.S. GDP Data The overall crypto market cap has dropped 2.46% to $2.96 trillion ...

Crypto markets were already on edge heading into President Donald Trump’s 9 PM EST primetime address to the nation from the White House. Onchain analysts spotted a large Ethereum move into Binance — the kind of transfer traders often associate with potential selling pressure, even when intentions are unclear. Related: Treasury Secretary's $150 billion tax refunds could help crypto traders Trump’s 9 PM address adds a fresh macro “event risk” for crypto Trump said he would deliver “an ADDRESS TO THE NATI ...

Summary of Coinbase Global FY Conference Call Company Overview - **Company**: Coinbase Global (NasdaqGS:COIN) - **Date**: December 10, 2025 - **Focus**: Cryptocurrency trading platform and services Key Points Market Volatility and Trading Activity - Recent trading activity in the crypto market has been volatile, influenced by macroeconomic factors such as tariffs announced by Trump, changes in Federal Reserve rates, and a poor price feed from a major exchange leading to significant liquidations [3][4] - The largest liquidation event in crypto history occurred, with $19 billion liquidated, primarily affecting non-U.S. exchanges [4] - Coinbase has seen positive net inflows into ETFs, indicating a potential stabilization in the market, with Bitcoin prices around $80,000 to $85,000 [5][6] Market Structure and Leverage - The U.S. has regulatory rules around leverage in contracts, but many non-regulated market participants operate with higher leverage, which can lead to market instability [7][8] - Coinbase maintains a conservative approach to leverage, with no significant losses reported in their credit book [10][11] Regulatory Environment - The regulatory landscape for crypto has shifted positively, with the Clarity for Payment Stablecoins Act passed, providing clearer rules for stablecoin issuance and usage [12][13] - The Clarity Act is expected to enhance market participation and innovation, potentially increasing competition for Coinbase [15][16] Business Development and Competition - Coinbase is actively pursuing acquisitions to enhance its capabilities, focusing on talent, products, and licenses [20][21] - The acquisition of Deribit, a leading options platform, aims to integrate options trading into Coinbase's offerings, enhancing capital efficiency for users [22][23] Institutional Offerings - Coinbase's institutional business has grown significantly, with over a third of the top 100 hedge funds as clients and an 80% market share in ETF custody [24][25] - The platform is positioned to serve new clients, including governments looking to acquire Bitcoin as a strategic reserve asset [27] USDC and Stablecoin Usage - Demand for USDC is growing among both retail and institutional clients, primarily used for liquidity and arbitrage across trading pairs [31][32] - Regulatory clarity has allowed Coinbase to offer rewards on stablecoin usage, differentiating it from traditional interest payments [34] Credit Card Launch - Coinbase has launched a credit card offering up to 4% Bitcoin back, aimed at customer acquisition and increasing engagement with the Coinbase One membership [35][36] Business Management Through Cycles - Coinbase has developed strong scenario planning and risk management strategies to navigate through crypto market cycles, ensuring operational efficiency and profitability [37][38] Additional Insights - The integration of options and futures trading is expected to enhance Coinbase's competitive position in the market [22][23] - The focus on regulatory clarity and institutional offerings positions Coinbase for growth as the crypto market matures [14][16][24]

Core Insights - The cryptocurrency market is experiencing significant volatility, with Bitcoin and Ethereum seeing substantial declines, leading to billions in value being erased [1][2][3] - Bitcoin dropped as much as 6% to below $86,000, while Ethereum fell over 7% to around $2,800, indicating a broader market downturn [1][8] - The recent slump follows a period of instability that began with the liquidation of $19 billion in leveraged bets in early October, shortly after Bitcoin reached an all-time high of over $126,000 [2][10] Market Performance - Bitcoin lost 16.7% of its value in November, marking its second-worst month of 2025, despite recovering some gains last week [2][6] - The overall market saw Bitcoin decline over 19% from June to December 1, with other cryptocurrencies like Solana and Dogecoin experiencing losses between 15% and over 45% [6][10] - The market had previously rallied due to institutional inflows, ETF launches, and network upgrades, but the fourth quarter has seen a swift reversal in fortunes [5][6] Investor Sentiment - Market sentiment remains fragile as traders brace for further volatility, with a noted lack of dip buyers and meager inflows into Bitcoin exchange-traded funds [6][10] - Risk appetite has diminished across global markets, impacting equities and cryptocurrencies alike, as indicated by the recent performance of Asian stocks [6][7] Leverage Concerns - High levels of leverage in the cryptocurrency market, with some exchanges offering up to 200x leverage, pose a risk for violent liquidations during price swings [10][11] - The predominantly retail-driven nature of the crypto market contributes to instability, as retail investors react differently compared to institutional investors [11][12]

How Will Crypto Market React to Over $15B in Bitcoin, ETH, XRP Options Expiry? — Source: CoinGape Crypto market traders braces for the $15 billion monthly options expiry. Bitcoin options of notional value $13.42 billion to expire amid liquidity shrinkage and surge in realized losses. Bulls expect to hold $3,000 as $1.73 billion in ETH options expires today. XRP wavers amid high volatility but experts predicted a rally in months ahead. Crypto market participants are bracing for the monthly option ...

Market Overview - The crypto market is experiencing significant volatility, with Bitcoin (BTC) and Ether (ETH) both declining by high double-digit percentages over the past month, with Bitcoin currently around $84,000 [1][2] - There are concerns that the ongoing tech sell-off may continue into the end of the year, potentially affecting the performance of major cryptocurrencies [1][2] Investment Sentiment - Investors are questioning Bitcoin's role as a safe-haven asset compared to traditional assets like gold, especially as some crypto-related investments begin to falter [2] - The current market conditions suggest a potential for further declines in cryptocurrency values, leading to a cautious approach among investors [2][4] Price Movements - Bitcoin has dropped nearly 33% from its peak to approximately $84,000 amid a broader tech market downturn [5] - Shares of MicroStrategy (MSTR) have seen a 63% decline from their highs, despite the company's continued investment in Bitcoin during this downturn [5] Future Outlook - While there may be more downside risk in the short to medium term, the cryptocurrency market should not be entirely dismissed, particularly if the tech sector stabilizes and investor sentiment improves [4]

Bitcoin is closing higher today as it tries to rebound following a very volatile week. Mackenzie Sagalas has the numbers for us. Hi Mac.Hey Morgan. So the crypto market is coming back strong, moving in lock step with the NASDAQ 100. Bitcoin trading near that 89k mark and crypto pegged equities are rallying alongside it.Miners, exchanges like Coinbase and Robin Hood and even digital asset treasury plays are pairing last week's losses. Tom Lee's Bitmine Immersion and Ether Proxy is up more than 18% outpacing ...

The total crypto market cap fell more than 10% in the last 24 hours to $2.8 trillion at the time of writing. Bitcoin (BTC) similarly fell 9% in a day to trade at $83,158.22. In fact, it fell as low as $80,659.81 on the day. Related: Popular crypto company shuts down as Bitcoin crashes As per the onchain analytics platform CoinGlass, over $2 billion worth of crypto positions got liquidated within the last 24 hours. BTC led the rout with over $1 billion in positions getting wiped out. As per Glassnode, the ...

Market Overview - The cryptocurrency market capitalisation has increased by 2.6%, now standing at $3.62 trillion, with nearly all of the top 100 coins rising over the past 24 hours [1][2] - The total crypto trading volume is reported at $136 billion [1] Top Performers - Bitcoin (BTC) has appreciated by 4.3%, currently trading at $106,253 [2][3] - Ethereum (ETH) rose by 5.7%, now priced at $3,606 [2][3] - XRP recorded the highest increase among the top coins, rising by 8.7% to $2.48 [3] Notable Increases and Decreases - Among the top 100 coins, three have seen double-digit rises: Pump.fun (PUMP) up 15.4% to $0.004402, Zcash (ZEC) up 15.3% to $662.97, and Uniswap (UNI) up 14.3% to $6.74 [4] - The only coin in decline is Internet Computer (ICP), which dropped by 9.8% to $7.14 [4] Market Sentiment and External Factors - The US Senate has advanced a deal to reopen the federal government, funding operations through January 30, 2026, which is expected to alleviate liquidity issues and volatility in the crypto market [5] - Current market sentiment remains in the fear territory, influenced by the recent government shutdown and its impact on liquidity [2][5] Future Price Predictions - Analysts suggest that Bitcoin may see a price drop to the $70,000 to $80,000 range in the second quarter of 2026, indicating expected volatility as market conditions evolve [6]

Market Overview - The crypto market is experiencing high volatility, negatively impacting both small-cap tokens and leading assets, with the global crypto market cap dropping by 2% to $3.39 trillion and a total loss of $840 billion over the past 30 days [1] Liquidation Data - The recent selloff resulted in $1.73 billion in liquidations within 24 hours, with $1.32 billion attributed to long positions; Ethereum led with $573.91 million in liquidations, while Bitcoin followed with $499.89 million [2][3] - Over 430,000 traders have been liquidated during this period [3] Investor Sentiment - Despite the market crash, Binance recorded a net inflow of 8,403 BTC (approximately $855 million), indicating that some investors are preparing to sell Bitcoin due to market volatility [4] - Additionally, 809 million USDT entered Binance, suggesting a potential buying spree as some investors view the current situation as a buying opportunity; social sentiment has shifted towards "buying dips with confidence" [5] Large Investor Activity - Large investors continued their selloff on November 4, but the shift in sentiment could trigger a buying spree in the near future [6]