Workflow
Cryptocurrency market capitalization
icon
Search documents
Why Is Crypto Down Today? – December 9, 2025
Yahoo Finance· 2025-12-09 12:19
Market Overview - The cryptocurrency market capitalization has decreased by 1.2%, currently standing at $3.17 trillion [1][2] - Total crypto trading volume is at $116 billion [1] Price Movements - 86 of the top 100 coins have experienced price declines over the past 24 hours [1][4] - Bitcoin (BTC) has decreased by 1.1% to $90,480 [2][3] - Ethereum (ETH) is down by 0.3%, trading at $3,122 [2][3] - Tron (TRX) has the highest decline among the top 10 coins, falling by 2.1% to $0.2811 [3] - Solana (SOL) has decreased by 1.9%, now priced at $133 [4] - Hyperliquid (HYPE) has seen a significant drop of 6.1% to $28.2, while Internet Computer (ICP) is down by 4.7% to $3.37 [4] Notable Performers - Zcash (ZEC) has increased by 12.8% to $419, and Canton (CC) is up by 9.8% to $0.07446 [4] Market Sentiment and Future Outlook - Market sentiment remains largely in the fear category [2] - Traders are focused on the US Federal Reserve's expected interest rate cut announcement [5] - The US CFTC has launched a pilot allowing Bitcoin, Ether, and USDC to serve as collateral in derivatives markets [5] - Attention is on Bitcoin's $91,000 resistance level, where the 20-day EMA meets a downward trend from last October [6]
Why Is Crypto Up Today? – December 2, 2025
Yahoo Finance· 2025-12-02 11:50
Market Overview - The cryptocurrency market capitalization increased by 0.5%, reaching $3.03 trillion, with 63 of the top 100 coins experiencing price rises [4][5] - Bitcoin (BTC) rose by 1% to $87,010, while Ethereum (ETH) fell by 0.5% to $2,810 [4][5] Price Movements - Rain (RAIN) saw a significant increase of 14.4%, trading at $0.008129, while Zcash (ZEC) decreased by 7.5% to $332 [1] - The highest drop was recorded by Canton (CC) at 7.8%, trading at $0.07674, followed by Dogecoin (DOGE) with a 0.7% decrease to $0.1359 [1] - XRP dropped by 1.1% to $2.02, while Solana (SOL) and Binance Coin (BNB) saw slight increases of 0.7% to $127 and 0.4% to $829, respectively [2] Market Sentiment and Trends - The crypto fear and greed index fell to 16, indicating extreme fear among market participants [13] - Analysts suggest that the market is experiencing a more pronounced erosion of confidence, with significant realized losses indicating stress [8][9] Liquidations and Volatility - The market experienced nearly $1 billion in liquidations within 24 hours, with $400 million in BTC and $240 million in ETH being liquidated [7] - Increased volatility is noted, with traders seeking downside protection as they reposition for potential further weakness [8] ETF Activity - On December 1, US BTC spot ETFs saw inflows of $8.48 million, while ETH ETFs recorded outflows of $79.06 million, reducing total net inflows to $12.87 billion [15][16] - Vanguard is opening its brokerage platform to crypto-focused ETFs and mutual funds, indicating a growing interest in cryptocurrency investments [16][17] Future Projections - Analysts indicate a meaningful probability of Bitcoin dropping below $80,000 by the start of 2026, as traders stack puts for downside protection [8][10] - If Bitcoin continues to rise, it could reclaim the $90,000 mark, potentially leading to further upward movement towards $97,000 and $100,000 [11]