Brazil’s largest private lender Itaú reaffirmed its Bitcoin stance in a new outlook, advising a 1–3% portfolio allocation as a long-term hedge into 2026. The bank maintained this view despite recent volatility, with BTC around $90,100 and down 2.3% on a USDT basis, citing diversification benefits and protection during currency stress.

Bitcoin miner earnings fell from 562 BTC in mid-October to 502 BTC now, an 11% decline, according to Glassnode. With difficulty reaching a record 159 trillion in early November and miners’ net position changes turning negative (-3,555 BTC in late November and -487 BTC recently), profitability and wallet balances face mounting pressure amid volatile ETF flows.

As Bitcoin traded between $90,000 and $91,000, Binance on‑chain metrics showed a notable divergence on December 3rd: the 30‑day EMA of withdrawals reached 3,100 per day, while deposits fell to about 320, both multi‑year extremes. The pattern points to reduced available exchange supply and subdued sell‑side activity, with resistance highlighted near $109,000 and $117,000–$122,000.

Bitcoin has repeatedly moved lower following each Federal Open Market Committee meeting in 2025, reflecting its growing sensitivity to US Federal Reserve policy and interest-rate expectations. Analyst CryptoMichNL expects the real directional move to appear within one to two weeks after the latest decision, with Bitcoin needing to clear $92,000 to challenge the $100,000 area while keeping its broader bullish structure intact. Trader Daan Crypto Trades highlights that the recent pullback bounced at the 0.382 Fibonacci retracement of the cycle, suggesting the uptrend on higher timeframes remains valid.

At Bloomberg's ETFs in Depth conference in New York City, Vanguard's quantitative equity chief John Ameriks compared Bitcoin to a digital plush collectible, calling it a purely speculative asset. His remarks came after Vanguard's December policy shift that let its more than 50 million clients trade crypto exchange-traded funds, even as Bitcoin trades above $90,000 with 16 years of network uptime. Ameriks noted Bitcoin could gain non-speculative utility in environments of high fiat inflation or political instability, but said Vanguard will not give clients advice on specific crypto tokens.

On 12 December 2025, Save the Children launched a Bitcoin-focused aid fund to accelerate relief delivery. The charity plans to pool donated BTC for up to four years before deployment, with custody and operations handled by Fortris. Pilot programs will test Bitcoin, stablecoins, and digital wallets to cut intermediaries and reduce delays.

Bitcoin fell 3.6% to $89,502 during Friday's New York session, leaving it nearly 30% below its October 6 record high of $126,000 as short-term rallies face heavy selling. On-chain and derivatives metrics described by Glassnode and market analysts point to a mild bearish phase, with unrealized losses at 4.4%, weakening ETF inflows and thin liquidity amplifying downside pressure despite the latest Federal Reserve rate cut.

Bitcoin mining firms are increasingly adopting solar, hydro and wind power as the industry’s hash price hovers near record lows below the $40 breakeven threshold. Several operators have recently launched or expanded renewable-powered facilities in the United States and Ethiopia while developing more energy-efficient hardware to cope with tighter profit margins.