The week begins green, as the crypto market is up today, with the cryptocurrency market capitalisation rising by 2.2%. It stands at $3.2 trillion. 90 of the top 100 coins have gone up over the past 24 hours. At the same time, the total crypto trading volume is at $111 billion. TLDR: Crypto market cap increased by 2.2% on Monday morning (UTC); 90 of the top 100 coins and all top 10 coins have gone up today; BTC increased by 2.4% to $91,532, and ETH is up by 3.3% to $3,133; The correction may take months to complete; The market could trade in a $71,000 to $105,000 range for the next 4-6 months; If we have a 2-day close above $108,000, the correction is over; Vitalik Buterin suggests a trustless, onchain futures market to lock in Ethereum fees; Binance secured three new licences in Abu Dhabi, and Coinbase reopened registration in India; US BTC spot ETFs saw inflows of $54.79 million on Friday, and ETH spot ETFs recorded $75.21 million in outflows; More than 100 publicly traded companies saw their crypto purchase strategies backfire; Crypto market sentiment remains largely the same within the fear category. Crypto Winners & Losers At the time of writing, all top 10 coins per market capitalization have seen their prices rise over the past 24 hours. Bitcoin (BTC) is up by 2.4% since this time yesterday, currently trading at $91,532. Bitcoin (BTC) 24h 7d 30d 1y All time Ethereum (ETH) is up by 3.3%, now changing hands at $3,133. This is the highest increase among the ten. The second-highest rise is Solana (SOL)’s 2.8% to $135. The smallest increase in the category is 0.4% by Tron (TRX) , currently trading at $0.2869. When it comes to the top 100 coins, 90 have appreciated over the past day. At the top we find Zcash (ZEC) , with a 9.2% increase to the price of $370. It’s followed by Canton (CC)’s 8%, now changing hands at $0.06749. On the other hand, Monero (XMR) and MemeCore (M) fell the most among the ten that have gone red over the past day. The former is down 2.8% to $375, while the latter fell 2% to $1.23. These are also the only two coins with decreases above 1%. Meanwhile, several notable developments occurred globally. Philippines’ GoTyme Bank has launched crypto trading for its 6.5 million customers through a partnership with US fintech firm Alpaca . Robinhood Markets announced two key acquisitions , marking its official entry into the Indonesian market, Binance secured three new licences in Abu Dhabi, and Coinbase reopened registration in India after a two-year operational hiatus. Coinbase returns to India after two-year absence, with plans to introduce rupee deposits and fiat trading by 2026. #Coinbase #India https://t.co/xTgnD4Ux9I — Cryptonews.com (@cryptonews) December 8, 2025 Correction May Take Months To Complete John Glover, Chief Investment Officer of Ledn , commented how a number of headlines are indicating that BTC’s bounce off of the $81,500 level over this past week “signals that we are on our way to new highs by year end.” “I disagree,” he says. He argues that the Rule of Alternation suggests that if Wave II is fairly simple in its A-B-C formation, then Wave IV is likely to be complex. “To me what we’ve seen since the Wave III high thus far is only the A wave of the Wave IV A-B-C correction, and will take months to complete.” “I continue to look for the market to trade in a $71,000 to $105,000 range for the next 4-6 months, and intend to accumulate BTC in the $72,000 to $84,000 range as the opportunity presents itself,” Glover says. “If we have a 2 day close above $108,000 I’ll make the call that the correction is over and ensure that I have my full long position in place at that time,” he concludes. Source: Ledn Levels & Events to Watch Next At the time of writing on Monday morning, BTC stood at $91,532. After a brief dip to the intraday low of $87,887, the price jumped to the day’s high (so far) of $91,786. Moreover, BTC is up 6.3% over the past 7 days, trading in the $84,553–$93,855 range. It’s down 10.3% in a month and 27.3% from its all-time high of $126,080. Clearing and holding the $94,600 level could confirm bullish continuation. In this case, BTC could move towards $100,000. Conversely, the price could drop to the $76,000 level. Ethereum is currently changing hands at $3,133. Like BTC, ETH saw a brief dip earlier in the day, dropping to the intraday low of $2,941 before jumping to the intraday high of $3,145. It also appreciated just below 11% in a week, trading between the low of $2,736 and the high of $3,222. Meanwhile, ETH is down 9% in a month and 36.7% from its ATH of $4,946. If the bulls continue running, we could see ETH move above $3,230, followed by the $3,300 and $3,380 levels. But a fall below $2,800 may lead to the $2,550 level. Ethereum (ETH) 24h 7d 30d 1y All time Meanwhile, the crypto market sentiment dropped further over the weekend within the fear territory but then increased slightly on Monday. The crypto fear and greed index moved between 20 and 21 in the previous two days, before increasing to 24 today . This index has largely moved between 10 and 25 over the past month, indicating market participants’ caution and reflecting the market’s own moves within a tight range. ETFs See Mixed Performance On Friday, 5 December, after two days of outflows, the US BTC spot exchange-traded funds (ETFs) saw a $54.79 million in positive flows. The total net inflow is now at $54.79 billion. Of the twelve BTC ETFs, five recorded inflows, and one saw outflows. BlackRock accounts for the entirety of the negative flows, letting go of $32.49 million. On the other hand, Ark&21Shares added $42.79 million, followed by Fidelity’s $27.29 million. The US ETH ETFs posted negative flows on Friday for a second day in a raw, with $75.21 million in outflows. The total net inflow pulled back to $12.88 billion. BlackRock is responsible for this entire amount. Of the nine funds, none recorded inflows. Notably, more than 100 publicly traded companies transformed into crypto-holding vehicles in the first half of 2025, borrowing billions to buy digital tokens, copying Michael Saylor’s Bitcoin strategy. However, they have seen median stock prices fall 43% year-to-date despite broader market gains, resulting from the way they fund crypto purchases. Meanwhile, Vitalik Buterin has suggested a trustless, onchain futures market that would let users lock in future Ethereum transaction fees. We need a good trustless onchain gas futures market. (Like, a prediction market on the BASEFEE) I've heard people ask: "today fees are low, but what about in 2 years? You say they'll stay low because of increasing gaslimit from BAL + ePBS + later ZK-EVM, but do I believe you?"… — vitalik.eth (@VitalikButerin) December 6, 2025 Quick FAQ Why did crypto move with stocks today? The crypto market recorded an increase over the past 24 hours, as did the US stock market during the last session last week. By the closing time on Friday, 5 December, the S&P 500 was up by 0.19%, the Nasdaq-100 increased by 0.43%, and the Dow Jones Industrial Average rose by 0.22%. This followed a US inflation report that boosted expectations that the Federal Reserve will cut interest rates next week. Is this rally sustainable? We are likely to see prices rise at least moderately higher in the coming days and, potentially, weeks. Nonetheless, expect the typical short-tem decreases. You may also like: (LIVE) Crypto News Today: Latest Updates for December 8, 2025 Digital asset investment products recorded a second consecutive week of inflows, totalling $716M, showing improving sentiment across institutional and retail investors after a volatile period in crypto markets, according to the latest report from CoinShares.CoinShares reports total assets under management rose 7.9% from their November lows to $180B, though this figure remains below the all-time high of $264B. Daily flow data indicated minor outflows toward the end of the week, which... The post Why Is Crypto Up Today? – December 8, 2025 appeared first on Cryptonews .
