The Federal Reserve ended quantitative tightening on December 1 and immediately deployed a $13.5 billion overnight repo operation. Analysts view the liquidity shift as a potential catalyst for risk assets, though a possible Bank of Japan rate hike in December could temporarily moderate gains. The move marks the first significant liquidity injection since the withdrawal phase began in June 2022.

Coinbase Institutional has expanded its COIN50 Index to include six digital assets: Hedera, Mantle, VeChain, Flare, Sei, and Immutable X. The additions reflect institutional interest in utility-focused blockchain projects and infrastructure platforms. The benchmark tracks the most investable assets available on Coinbase Exchange.

Several market analysts view Bitcoin's recent decline as a temporary pullback rather than a trend reversal, with multiple forecasts pointing to a potential rally in the coming weeks. Fundstrat's Tom Lee expects Bitcoin could surpass its prior peak near $125,000 as early as January, while others cite macroeconomic policy shifts as key drivers. Rising speculation over Federal Reserve leadership change and historical policy patterns add to bullish sentiment for early 2025.

Solana dropped over 10% in 24 hours to approximately $123, testing a multi-year ascending channel support level established since May 2022. Institutional ETF products recorded net inflows of 83,144 SOL ($10.5 million) in the past day, according to available data. The network maintained its lead in decentralized exchange volume at nearly $3 billion over the same period.

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.

Crypto analyst Colin Talks Crypto estimates a 20% probability that Bitcoin will advance directly to new all-time highs from current levels. His primary outlook projects a rally toward $100,000–$115,000, followed by a multi-month correction before the cycle's next major phase. Multiple analysts note that current market conditions lack typical signals associated with cycle peaks.

Kazakhstan's National Bank will add cryptocurrency to its foreign exchange reserves with an allocation between $50 million and $300 million, Chairman Timur Sülümenov said. The central bank will wait for market volatility to decline before deploying capital, treating digital assets as a portfolio diversification tool rather than speculative investment.

21Shares has secured regulatory clearance to begin trading its U.S. spot XRP ETF on Monday under ticker TOXR. The launch follows $666 million in net inflows across existing XRP ETFs since their debut, with no recorded outflow days. Total assets under management have reached $687.81 million, representing approximately 0.52% of XRP's market capitalization.

Derivatives trading on lower-cap cryptocurrencies has reached levels that significantly outpace underlying valuations, creating conditions for potential cascading liquidations. Data from research firm Alpharactal shows open interest ratios climbing to dangerous thresholds, with several tokens now carrying futures exposure larger than their entire market capitalization. When open interest grows while market cap remains constrained, the price discovery mechanism shifts from organic demand to leveraged speculation.