- $BTC : ~$87,000-$87,800, sideways within the $85,000-$90,000 range due to holidays and low liquidity.
- Total market cap: ~$3.04-$3.07 billion, a slight increase of ~0.7%.
- Key event: Today's $BTC expiry options reached a record high of ~$23-$27 billion → This could cause significant volatility (gamma flush), a breakout to $90,000+ or a dump to $85,000-.
- Sentiment: Fear (index ~$23-29), ETF outflow, miner capitulation.
- Short-term: Cautious, monitor expiry to see direction. Long-term remains bullish with good regulation.
The market is quiet, typical of Christmas, with low liquidity and limited volatility.
- Bitcoin ($BTC ): Fluctuating around $87,000 - $88,000, down slightly by ~0.5-1% compared to yesterday. Throughout December, BTC has been stuck in the 85k-90k range after falling from its ATH of ~$126k in October.
- Total Market Cap: Approximately $2.95 - $3.05 trillion, down slightly by 1-2% in the last 24 hours.
- Altcoins are mostly in the red, $ETH around $2,900, some privacy tokens like Zcash are performing better.
Overall Trend: Risk-off due to holidays, outflows from ETFs, and year-end tax-loss harvesting. Sentiment remains cautious (Fear & Greed at Fear level), but institutional remains positive (BlackRock expanding its crypto team).
Short-term forecast: May continue sideways or a slight breakout after the holiday, depending on liquidity recovery. No major catalysts today.
Today is Christmas Eve, and the crypto market continues its slight correction after the decline earlier in the week. Bitcoin $BTC is trading around $88,000, down about 0.5-1% in the last 24 hours, still failing to break the $90,000 resistance level after reaching its year-high of over $126,000 in October. Ethereum $ETH is fluctuating near $3,000 (approximately $2,950-$2,990), down slightly by 1%.
The total crypto market capitalization is currently around $3.06 trillion, down 1-2% from yesterday, with trading volume remaining high at over $100 billion. Many major altcoins also fell, with market sentiment at a "fear" level (Fear & Greed index around 24-29), influenced by whale sell-offs, ETF outflows, and anticipation of year-end US economic data.
The altseason isn't over yet, as it hasn't truly started strongly in 2025.
- BTC Dominance is currently around 59-60% (high, money is still concentrated in $BTC ).
- Altcoin Season Index is low: around 16-37/100 (far from the 75+ threshold needed to confirm an altseason).
- The market is still in "Bitcoin season," with altcoins underperforming.
This could be delayed until 2026 due to strong ETF inflows into $BTC and weak macro activity. Monitor dominance falling below 55% for potential rotation!
Proposal: Enable protocol fees on Uniswap v2 and v3, burn 100 million UNI from the treasury (worth approximately $600 million at current prices, reducing supply by ~10-15%).
Simultaneously, transaction fees will be used to continuously burn more UNI, creating a deflationary mechanism (reducing inflation).
Currently, the proposal has surpassed the quorum with an overwhelming majority of support (>99%), almost certainly going to pass.