The crypto market is up today, with the cryptocurrency market capitalisation increasing by 2.6% to $3.25 trillion. 92 of the top 100 coins have gone upThe crypto market is up today, with the cryptocurrency market capitalisation increasing by 2.6% to $3.25 trillion. 92 of the top 100 coins have gone up

Why Is Crypto Up Today? – December 10, 2025

2025/12/10 20:42

The crypto market is up today, with the cryptocurrency market capitalisation increasing by 2.6% to $3.25 trillion. 92 of the top 100 coins have gone up over the past 24 hours. At the same time, the total crypto trading volume is at $147 billion.

TLDR:
  • Crypto market cap increased by 2.6% on Wednesday morning (UTC);
  • 92 of the top 100 coins and 9 of the top 10 coins have gone up today;
  • BTC increased by 2.3% to $92,694, and ETH is up by 6.6% to $3,331;
  • The $90,000 level looks like the bottom for now;
  • A consolidation period between $90,000 and $95,000 over the coming weeks is likely;
  • Investors await the US Fed rate cut decision today;
  • Changpeng Zhao argued that BTC could see a major rally in 2026;
  • Investors should monitor the effects of the news flows on dollar dynamics and safe-haven demand;
  • The US allowed national banks to act as intermediaries in crypto trades;
  • US BTC and ETH spot ETFs saw inflows on Tuesday of $151.74M and $177.64M, respectively;
  • Strive Asset Management plans to acquire more BTC;
  • Crypto market sentiment posted a notable increase within the fear zone.

Crypto Winners & Losers

At the time of writing, 9 of the top 10 coins per market capitalization have seen their prices increase over the past 24 hours.

Bitcoin (BTC) is up by 2.3% since this time yesterday, currently trading at $92,694.

Bitcoin (BTC)
24h7d30d1yAll time

Ethereum (ETH) is up by 6.6%, now changing hands at $3,331. This is the category’s highest increase today.

The second-highest rise is Solana (SOL)’s 4.4%, trading at $139.

It’s followed by Dogecoin (DOGE)’s 4.2% to the price of $0.1468.

The smallest rise in the category is 0.7% by Binance Coin (BNB), now standing at $893.

The only fall among the ten is 0.4% by Tron (TRX), currently trading at $0.28.

As for the top 100 coins, 92 have appreciated over the past day.

MemeCore (M) increased the most among these with the only double-digit rise: 10.2% to $1.45.

Cardano (ADA) follows with a 7.6% rise to $0.4603.

When it comes to the red coins, Bitcoin Cash (BCH) fell the most: 1.8% to $563.

LEO Token (LEO) is next, with a fall of 1.3% to $9.54.

Traders are focused on the US Federal Reserve’s decision on the interest rate cut expected to be announced today. However, many argue that the cut is already priced in.

Meanwhile, Changpeng Zhao argued that Bitcoin could see a major rally in 2026, potentially matching gold’s performance.

A Consolidation Period Ahead

Koinly CEO Robin Singh commented that BTC’s recent uptick to almost $93,000 ahead of the US Federal Reserve rate cut decision “clearly signals that bulls are firmly defending the $90,000 level, which is now looking like the bottom, at least, for now.”

According to Singh,

However, that kind of pause should not be seen as a negative, he argues. Much of 2024 was defined by consolidation, but a major macro catalyst – in that case, the outcome of the US presidential election – triggered a sharp rally across markets.

He continues: “Periods like this often signal maturation rather than weakness, with Bitcoin holding its ground even in the absence of immediate drivers for fresh momentum.”

Moreover, Bitunix analysts noted that geopolitical uncertainty is rising, so the crypto market sentiment remains cautious.

Notably, “within the negotiation framework, the U.S., Ukraine, and Europe remain locked in a three-way tug-of-war. If ongoing negotiation headlines continue to fuel safe-haven demand, volatility may be driven by a combination of macro sentiment and liquidity positioning,” the analysts said.

For now, BTC is watching resistance at $93,200, with support at $90,000–$91,000.

They advise investors to monitor the effects of the news flows on dollar dynamics and safe-haven demand, and to assess whether geopolitical noise may spill over into broader risk-asset volatility.

Levels & Events to Watch Next

At the time of writing on Wednesday morning, BTC stood at $92,694. The prise recorded a clear jump from the intraday low of $90,040 to the intraday high of $94,489.

However, the charts turned red in the 7-day period. BTC is now down 0.3%, but such a small move also means that it’s largely unchanged in this timeframe.

If the coin reclaims the $98,000–$100,000 range, it could push forward to $105,000 and $110,000. However, if it drops below $90,000, it could pull back to the $82,000–$85,000 zone.

Bitcoin Price Chart. Source: TradingView

Ethereum is currently changing hands at $3,122. Like BTC, it saw a significant jump earlier in the day, climbing from the day’s low of $3,099 to the high of $3,388.

That said, unlike BTC, ETH remains green in the 7-day timeframe, appreciating 8.6%.

ETH supply has hit a 10-year low, a setup for major rallies. The price could proceed towards $3,400, followed by the $3,500-$3,600 range. Should it pull back, the price may fall to the $2,900 level.

Ethereum (ETH)
24h7d30d1yAll time

Meanwhile, the crypto market posted a notable increase on Wednesday morning, even if it still remains in the fear territory. The crypto fear and greed index rose to 30 today from 25 yesterday.

It seems that market participants remain highly cautious while experiencing a mild increase in optimism.

Even though many argue that the US rate cut is already priced in, today’s news could still affect the sentiment.

Source: CoinMarketCap

ETFs Go Green Again

Following a day of outflows, the US BTC spot exchange-traded funds (ETFs) recorded $151.74 million in inflows. The total net inflow now stands at $57.71 billion.

Of the twelve BTC ETFs, a whopping eight recorded inflows, and one saw outflows. BlackRock accounts for the entirety of the negative flows: $28.76 million.

At the same time, Fidelity saw the highest amount of inflows of $198.85 million, followed by Grayscale’s $33.79 million and Bitwise’s $16.22 million.

Source: SoSoValue

Moreover, the US ETH ETFs posted another day of positive flows on 9 December, with $177.64 million in inflows. This is the highest amount since late October. The total net inflow now stands at $13.09 billion.

Of the nine funds, seven recorded inflows, and none saw outflows. Fidelity took in the most on Tuesday: $51.47 million.

It’s followed by Grayscale’s $45.19 million and BlackRock’s $35.29 million.

Source: SoSoValue

Meanwhile, Vivek Ramaswamy’s Strive Asset Management has announced a $500 million preferred stock offering, aiming to acquire more BTC. It currently holds 7,525 BTC, worth some $695.93 million.

Moreover, the US Office of the Comptroller of the Currency has allowed national banks to act as intermediaries in crypto trades. They can now buy from one customer and sell to another without holding inventory.

Quick FAQ

  1. Why did crypto move with stocks today?

The crypto market recorded an increase over the past 24 hours, and the US stock market closed mixed during its previous session. By the closing time on Tuesday, 9 December, the S&P 500 was down by 0.088%, the Nasdaq-100 increased by 0.16%, and the Dow Jones Industrial Average fell by 0.38%. Investors expect the US Federal Reserve to lower their policy rate by a quarter percentage point today.

  1. Is this rally sustainable?

The market is expected to continue moving in this tight range we’ve been observing for the past month, though major macroeconomic prompts could push it outside that range – in either direction.

You may also like:
(LIVE) Crypto News Today: Latest Updates for December 10, 2025
The crypto market sentiment showed early signs of stabilization today, with the Fear and Greed Index rising to 26 from yesterday’s 22, shifting the market out of “extreme fear” zone. The improvement coincided with a broad market rebound across major sectors. AI-linked tokens led gains with a 4.46% sector surge, driven by strong performances from FET (+9.6%), Worldcoin (+6.5%), and Virtuals Protocol (+5.5%). Bitcoin climbed 2.49% to reclaim the $92,000 level, while Ethereum rallied 6.21%,...
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

How to earn from cloud mining: IeByte’s upgraded auto-cloud mining platform unlocks genuine passive earnings

How to earn from cloud mining: IeByte’s upgraded auto-cloud mining platform unlocks genuine passive earnings

The post How to earn from cloud mining: IeByte’s upgraded auto-cloud mining platform unlocks genuine passive earnings appeared on BitcoinEthereumNews.com. contributor Posted: September 17, 2025 As digital assets continue to reshape global finance, cloud mining has become one of the most effective ways for investors to generate stable passive income. Addressing the growing demand for simplicity, security, and profitability, IeByte has officially upgraded its fully automated cloud mining platform, empowering both beginners and experienced investors to earn Bitcoin, Dogecoin, and other mainstream cryptocurrencies without the need for hardware or technical expertise. Why cloud mining in 2025? Traditional crypto mining requires expensive hardware, high electricity costs, and constant maintenance. In 2025, with blockchain networks becoming more competitive, these barriers have grown even higher. Cloud mining solves this by allowing users to lease professional mining power remotely, eliminating the upfront costs and complexity. IeByte stands at the forefront of this transformation, offering investors a transparent and seamless path to daily earnings. IeByte’s upgraded auto-cloud mining platform With its latest upgrade, IeByte introduces: Full Automation: Mining contracts can be activated in just one click, with all processes handled by IeByte’s servers. Enhanced Security: Bank-grade encryption, cold wallets, and real-time monitoring protect every transaction. Scalable Options: From starter packages to high-level investment contracts, investors can choose the plan that matches their goals. Global Reach: Already trusted by users in over 100 countries. Mining contracts for 2025 IeByte offers a wide range of contracts tailored for every investor level. From entry-level plans with daily returns to premium high-yield packages, the platform ensures maximum accessibility. Contract Type Duration Price Daily Reward Total Earnings (Principal + Profit) Starter Contract 1 Day $200 $6 $200 + $6 + $10 bonus Bronze Basic Contract 2 Days $500 $13.5 $500 + $27 Bronze Basic Contract 3 Days $1,200 $36 $1,200 + $108 Silver Advanced Contract 1 Day $5,000 $175 $5,000 + $175 Silver Advanced Contract 2 Days $8,000 $320 $8,000 + $640 Silver…
Share
BitcoinEthereumNews2025/09/17 23:48