Short-term Bitcoin holders are experiencing unprecedented unrealized losses, with approximately 99% of recently acquired coins trading below purchase price. The Fear & Greed Index has fallen to its lowest level in Bitcoin's history, below readings during the FTX collapse and COVID-19 crash. Institutional selling on Coinbase has reached record volumes, according to Capriole Investments founder Charles Edwards.

XRP futures trading volume on Bitmex surged 2,668% to $100.57 million within 24 hours, data show. The spike coincides with multiple U.S. XRP ETF launches, including Bitwise's debut recording $107.6 million in inflows and $25.7 million in trading volume on its first day. XRP fell below $2 on Friday for the first time since October 10, dropping to $1.81.

Grayscale has launched exchange-traded funds for XRP and Dogecoin on NYSE Arca, marking the first time these altcoins are available through mainstream ETF products in the United States. The funds converted from existing private trusts and began trading publicly. The move expands institutional crypto exposure beyond Bitcoin and Ethereum.

Bit Digital reported $30.5 million in revenue for the third quarter of 2025, a 33% increase from the prior year. The company expanded its Ethereum holdings fivefold to 153,547 ETH, valued at approximately $590.5 million as of October 31, 2025. Its AI cloud services unit, WhiteFiber, generated $18 million in revenue during the period.

Ethereum has declined 45% from its August 2025 peak near $4,950 to $2,650, now trading within a critical technical support zone. Analysts project a potential rally to $8,800 if current levels hold, citing revised Elliott Wave patterns and Fibonacci retracement levels. Daily trading volume stands at $50.3 billion, with the asset down 10% in 24 hours and nearly 15% over the past week.

Nearly 20,000 BTC, worth approximately $2 billion, moved to cryptocurrency exchanges over seven days as Bitcoin retested $82,000, data show. The increased exchange inflows coincided with sustained price weakness, bringing the asset to levels last seen in April 2025. On-chain metrics indicate large holders transferred significant volumes during this period, with one asset manager moving over $1 billion in Bitcoin within five days.

Bitcoin has declined 33% from its all-time high entering December, with active addresses, whale transactions, and liquidity reaching their lowest levels in months. U.S. Bitcoin ETFs recorded $11.5 billion in trading volume as investors repositioned amid the selloff. The cryptocurrency is exhibiting signs of structural weakness, according to Alphractal.

Market expectations for a Federal Reserve rate cut in December have surged to 71%, up from 30-40% earlier this week, CME FedWatch Tool data show. New York Fed President John Williams said monetary policy operates at a "modestly restrictive" level with room to move toward neutral, while minimizing concerns about tariff-driven inflation. Fed officials remain divided on the appropriate policy path, with some favoring no change and others open to further reductions.