by Coinstrooper Crypto Articles
Quick Take
  • 80 of the top 100 coins have gone up over the past 24 hours.
  • At the same time, the total crypto trading volume is at $149 billion.
  • At the time of writing, 9 of the top 10 coins per market capitalization have seen their prices appreciate over the past 24 hours.
  • Bitcoin (BTC) has risen by 0.2% since this time yesterday, meaning it’s largely unchanged, currently trading at $87,788.

What Happened

The markets are still moving up, even if mildly, as investors expect that the US Federal Reserve will cut interest rates in December.

Market Context

The crypto market is up today, for a third day in a row, with the cryptocurrency market capitalisation rising by just 0.6%, standing pretty much unchanged at $3.1 trillion. 80 of the top 100 coins have gone up over the past 24 hours. At the same time, the total crypto trading volume is at $149 billion.

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

Bitcoin (BTC) has risen by 0.2% since this time yesterday, meaning it’s largely unchanged, currently trading at $87,788. This is the smallest rise today.

Solana (SOL) is the category’s best performer, having appreciated 2.1%, now trading at $139.

It’s followed by Dogecoin (DOGE)’s 1.4% to the price of $0.1521.

XRP recorded the only drop in this category: it’s down 1% to the price of $2.2.

Looking at the top 100 coins, we find that 80 recorded increases. Among these, Ethena (ENA) posted the only double-digit rise of 14.7%, now trading at $0.2983.

Koinly CEO Robin Singh commented that BTC has been struggling to reclaim the $90,000 level “for far longer than most market participants expected.”

“With the market drifting toward its annual ‘Christmas hibernation’, the odds of any explosive price action before the New Year are shrinking fast,” he says.

However, all is not lost. “A decisive and unexpected reclaim above $90,000 in December would do wonders for market sentiment. It would soften the bears, and help keep 2026 clear of any early “crypto winter” anxieties before they begin,” Singh argues.

Why It Matters

Moreover, fresh US data signaled a cooling economy instead of a potential hard landing.

Next Few Weeks Could Be a Lull, But…

We are about to enter December, and it’s possible that the next few weeks will be a lull. “Whatever fireworks traders were hoping for may have to wait until 2026,” the CEO says.

Notably, some have argued that perhaps the classic four-year cycle is about to be rewritten. If that ends up being the case, maybe 2026 “could be gearing up for something far bigger than anyone expected. As always in crypto…time will tell.”

“With the Federal Reserve’s December rate-cut decision approaching and growing focus on the direction of US spot Bitcoin ETF flows, we’ll have a clearer sense of how early 2026 may unfold,” he says.

Details

Crypto Winners & Losers

Ethereum (ETH) is up by 1.1%, now changing hands at $2,938.

Next up is Bittensor (TAO), appreciating 9.5% to $320.

On the other side, Provenance Blockchain (HASH) and Figure Heloc (FIGR_HELOC) fell the most today. The former is down 5.2% to $0.02418, while the latter dropped 2.8% to $1.01.

Decembers typically don’t see a lot of movement: CoinGlass data shows that Bitcoin’s average December return has been under 5% since 2013.

Nonetheless, Singh noted that:

“Given that November is typically the strongest month for Bitcoin and it went the opposite way this time around, we can’t rule out the possibility of something out of the ordinary happening this December.”

Many BTC holders assumed that $100,000 would hold as a solid floor this year, and that it would snap right back after the dip. This time, that bounce just hasn’t come yet, Singh notes.