Crypto Market Update

Bitcoin and Ethereum decline as ETF flows diverge and fear remains elevated. Key macro data, geopolitics, and on-chain competition shape markets.
MorningNews
Bitcoin Weakens as Fear Index Hits 24

Market Performance

Asset / Index Value ($) Daily Change (%)
Bitcoin (BTC) 87,566.0 -1.23%
Ethereum (ETH) 2,962.93 -1.49%
Bitcoin Spot ETFs -142.2M Net Outflow
Ethereum Spot ETFs +84.6M Net Inflow
Nasdaq (NAS100) 25,435.9 -0.12%
S&P 500 (SPX) 6,878.48 +0.64%
Russell 2000 (RUT) 2,553.1 -0.11%
U.S. Dollar Index (DXY) 97.674 -0.21%
VIX Volatility Index 14.08 -5.57%
U.S. 10-Year Yield 4.16610 +0.34%
Brent Crude Oil (BRENT) 62.095 -0.11%
LBMA Gold (XAU) 4,485.41 +0.95%
LBMA Silver (XAG) 69.314 +0.67%

“Prepared at UTC 07.39 am”

Today’s Key Events

  • No Developments Planned on US President Trump’s Calendar
  • Weekly ADP, GDP (Q3), and CB Consumer Confidence Index in US Macro Data Set
  • SOON and Undeads Games Token Unlocks

Statements from Fed Members

Fed Member Milan said he has not yet decided whether to cut interest rates by 25 or 50 basis points. He noted that the latest data has pushed him toward a more dovish stance. Milan emphasized that the government shutdown distorted inflation data and that the annual CPI could contain an upward deviation. He said that as the policy process progresses, the case for a 50-basis-point cut is weakening. He added that tax rebates would boost the economy and that he could remain in office if his successor is not confirmed.

President Trump’s Greenland Appointment

US President Trump has appointed Louisiana Governor Landry as special envoy to Greenland. Trump reiterated his view that the US “should own” Greenland. This statement is seen as a continuation of Trump’s idea, raised six years ago, to purchase Greenland from Denmark. The President directly linked this issue to national security. The appointment is being closely watched in Washington and Europe.

Uncertainty in Russia-Ukraine Talks

Ukrainian President Zelensky announced that the Ukrainian delegation had completed its talks with the US in Miami. It was reported that significant progress had been made on the first draft of a 20-point peace plan during the talks. Zelensky stated that the general framework had now been clarified. However, Russia announced that no progress had been made in the talks held over the weekend. The disagreement between the parties continues.

VanEck: Bitcoin Continues Its Four-Year Cycle

VanEck published its 2026 Digital Asset Outlook report. The report emphasized that Bitcoin’s four-year cycle is still valid. The decrease in volatility after the previous major decline indicates that this correction may be limited. VanEck expects a volatile and direction-seeking market in 2026 rather than a sharp rise or fall. The company recommends buying Bitcoin at a rate of 1-3% using the DCA method.

Greeks.live: Low Volume Expected Until New Year

Greeks.live stated that the market will remain calm due to the Christmas holidays and the closure of US stock exchanges. The withdrawal of European and US institutions from the market is reducing trading volume. Annual option delivery will take place this week, with more than half of positions awaiting maturity. Implied volatility is declining as institutions carry their positions. Short-term volatility in Bitcoin and Ethereum has fallen by more than 10% in the last month.

Hyperliquid Identifies Lighter as a Direct Competitor

Hyperliquid listed Lighter among its direct competitors, alongside Binance and Aster. The statement emphasized that competitors rely on centralized order books. Hyperliquid, on the other hand, highlighted its entirely on-chain and validator-based architecture. Lighter stated that it focuses on verifiable execution and proof mechanisms. Competition in decentralized transaction infrastructure is intensifying.

Fold Holdings Added to Russell 2000

Bitcoin financial services company Fold Holdings has been added to the Russell 2000 index. The company became the first Bitcoin financial services firm to enter the index. Fold currently holds more than 1,500 Bitcoins. At the same time, MSCI is considering excluding companies with high digital asset positions from the index. This decision could lead to billions of dollars in fund outflows from companies such as Strategy.

IMF: El Salvador Agrees to Halt Active Bitcoin Purchases

The IMF announced significant progress in talks with El Salvador. According to the institution, El Salvador has agreed not to actively purchase Bitcoin at the policy level. Steps are also being taken to remove the Chivo wallet from the system. Despite this, the El Salvador Bitcoin Office claims that daily purchases continue. The IMF wants the commitments to be completed by the end of 2025.

Solana–Cardano Interoperability Debate Heats Up

Cardano SPO Dave announced his support for interoperability with Solana. He argued that Solana should not need indirect means to access $ADA. Solana co-founder Toly responded to this comment by saying, “Then let’s do it.” Cardano founder Charles Hoskinson also said, “It’s time to get started.” The statements brought the possibility of technical cooperation between the two ecosystems to the forefront.

Sui Foundation Releases 2025 Assessment

The Sui Foundation shared its strategic assessment for 2025. The report stated that the main goal is to complete the “Sui Stack,” an end-to-end decentralized development infrastructure. Sui + Walrus + Seal-based messaging solutions were among the prominent examples. This structure enables on-chain notifications without centralized services. The foundation emphasized that the ecosystem is taking shape slowly but surely.

Fear and Greed Index at Level 24

According to Alternative.me data, the crypto Fear and Greed Index fell to 24 today. The index remains in the “extreme fear” zone. Yesterday’s measurement was at level 25. Market sentiment appears to remain weak.

Historically, these levels can signal periods of recovery in the medium term.

Santiment: XRP Extremely Negative on Social Media

Santiment reported an extraordinary level of negative commentary about XRP on social media. Historical data shows that such extreme negativity often results in price increases. Periods of skepticism among retail investors are noteworthy. According to Santiment, this situation could be a harbinger of a potential price reversal. Market sentiment for XRP is being closely monitored.

Litecoin Denies Charlie Lee’s Claims

Litecoin has denied claims that its founder, Charlie Lee, said, “I regret creating LTC.” The official statement said the shared videos were deliberately edited. It was emphasized that when the full video was watched, the statements were taken out of context. The Litecoin team stated that Lee remains strongly committed to the project. The statement argued that certain circles are conducting a deliberate smear campaign.

 

⚠️ Disclaimer: This content is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry risk. Always do your own research before making decisions. Darkex is not liable for any financial losses.
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