The total market capitalization of the global cryptocurrency market currently stands at approximately $3.08 trillion, reflecting a 1.77% decline compared to the previous day. Bitcoin (BTC) traded between $89,766 and $90,635 in the last 24 hours, with its price recorded at $90,065 at 09:30 UTC this morning, indicating a slight decrease of 0.42%. Major cryptocurrencies are showing mixed trends, with tokens like MOVE, HUMA, and AXL posting notable gains of 21%, 11%, and 10%, respectively. December-ending Bitcoin options are valued near $23.8 billion, and Glassnode’s co-founder suggests Bitcoin could strengthen once policy pressures ease.
BitMine, holding about 4% of Ethereum’s supply, plans to maintain its holdings. The U.S. Federal Reserve has released interest rate forecasts extending into early 2026. Liquidity levels on crypto exchanges have dropped to their lowest since May, while the number of wealthy individuals in South Korea is expected to rise by 2025. Market sentiment around XRP is turning positive, driven by ETF investments and recent market developments. However, weekly trading volume in the NFT market has declined. Bitcoin’s price is also experiencing pressure due to long-term holders’ options strategies. Additionally, venture capital firms have invested $176 million in the crypto sector. Price volatility continues across major cryptocurrencies such as Ethereum and Binance Coin, reflecting the complexities of the global economy and financial policies. Investors are advised to exercise caution amid ongoing market uncertainties.
Source: binance
