Bitcoin's rally halted at the $92,000 resistance level, failing to break through despite a brief rebound. Market data show weakening momentum, with ETF inflows subdued and implied volatility dropping to cycle lows. Analysts expect the asset to trade between $70,000 and $100,000 through year-end.

Ethereum has reversed sharply from the $3,000 level, declining 8% after encountering concentrated resistance and the prevailing downtrend structure. Technical indicators and liquidation data show continued corrective pressure, with market focus shifting to critical support levels as the asset tests a pivotal decision zone.

The People's Bank of China convened 13 government agencies on November 28, 2025, to coordinate enforcement against resurgent virtual asset speculation. Officials identified stablecoins as tools for money laundering and illegal cross-border fund transfers, reiterating that cryptocurrencies hold no legal tender status in China. Hong Kong-listed crypto-exposed firms fell sharply following the announcement, with Yunfeng Financial Group dropping over 10%.

An attacker exploited a vulnerability in Yearn Finance's legacy yETH product on November 30, 2025, minting approximately 235 trillion unauthorized tokens. The breach resulted in losses of roughly $9 million in ETH and liquid staking derivatives from liquidity pools. Around 1,000 ETH, valued at approximately $3 million, was transferred to Tornado Cash following the incident.

Bitcoin traded near $86,056 on December 18, down nearly 6% in 24 hours, as traders positioned ahead of a critical Federal Reserve policy decision expected this month. Market analysts warn that a potential $6.6 trillion shift in global liquidity could reshape risk appetite across equities, crypto, and bonds. Speculation has intensified following reports that Kevin Hassett, a former White House economic advisor, has emerged as a contender for the Fed chair role.

Bitfarms Ltd. (BITF) shares fell 9.48% to $3.15 in premarket trading on November 29, 2025, as Bitcoin dropped over 4% to below $86,680. The decline came as China's central bank warned against cryptocurrency speculation and pledged to intensify its crackdown on illegal activities involving virtual currencies and stablecoins. The regulatory pressure compounds challenges for crypto mining operations already facing profitability constraints from falling Bitcoin prices.

Bitcoin dropped below $86,000 on December 1, extending November's 17% decline—the largest monthly loss for the asset in 2025 and its worst November since 2018. The selloff erased a week of gains within hours, wiping more than $144 billion from total crypto market capitalization. Long position holders absorbed losses exceeding $535 million as thin weekend liquidity and cascading liquidations amplified volatility.

XRP trades below the 21-period exponential moving average across six shorter timeframes but holds support on the monthly chart. Market strategist EGRAG CRYPTO notes the monthly timeframe remains above key moving average levels. The first dedicated XRP exchange-traded fund from 21Shares launched December 1, 2025, offering regulated exposure to institutional investors.