“Short-dated volatility now sits above long-dated BTC volatility, signalling that the market expects outsized swings as we head into the new year,” says Nick Forster, Founder at Derive.xyz.
Despite starting the month with a drop, the crypto market is up today, even if slightly, with the cryptocurrency market capitalisation rising by 0.5%, now standing at $3.03 trillion. 63 of the top 100 coins have gone up over the past 24 hours. At the same time, the total crypto trading volume is at $163 billion.
TLDR: The crypto market capitalisation rose on Tuesday morning (UTC) by 0.5%; 63 of the top 100 coins and 3 of the top 10 coins have gone up today; BTC increased by 1% to $87,010, and ETH fell by 0.5% to $2,810; The bottom may not be in; ‘The market expects outsized swings as we head into the new year’; There were $1 billion in liquidations in 24 hours; Key factors imply ‘a meaningful probability of sub-$80K BTC to start 2026’; ‘Participants increasingly exit positions at a loss due to fading momentum and deteriorating sentiment’; ‘The marketʼs remaining leverage is relatively well-contained, reducing systemic fragility and improving the prospects for a more stable consolidation phase’; US BTC spot ETFs saw $8.48 million in inflows on 1 December, while ETH spot ETFs recorded $79.06 million in outflows; BitMine bought more ETH during the latest market downturn; Vanguard is opening its brokerage platform to crypto-focused ETFs and mutual funds; Crypto market sentiment has tumbled back into the extreme fear territory.
Crypto Winners & Losers
At the time of writing, 3 of the top 10 coins per market capitalization have seen their prices rise over the past 24 hours, while the rest remained in red.
Bitcoin (BTC) appreciated by 1% since this time yesterday, currently trading at $87,010. This is the highest rise in the category.
Bitcoin (BTC)24h7d30d1yAll time
Ethereum (ETH) is down by 0.5%, now changing hands at $2,810.
Two more coins are green this morning: Solana (SOL) and Binance Coin (BNB). SOL is up by 0.7% to $127, while BNB appreciated 0.4% to $829.
On the other side, the highest drop is 1.1% by XRP, currently standing at $2.02.
It’s followed by Dogecoin (DOGE)’s 0.7%, which is now trading at $0.1359.
In the top 100 coins, 37 recorded decreases.
At the top of the red list we find Canton (CC). It’s down 7.8% to the price of $0.07674.
Zcash (ZEC)follows with a 7.5% decrease to the price of $332.
On the green side, two coins saw double-digit increases. Rain (RAIN) is up 14.4%, now trading at $0.008129.
Provenance Blockchain (HASH) appreciated 10.8% to $0.02348.
Meanwhile, some of the latest economic data in the US suggest a softer tone, which has boosted expectations that the Federal Reserve is approaching a turn in policy.
