On Thursday, Ethereum fell below $2,850 amid a broader market pullback, while on-chain activity slid to a one-year low with active sending addresses near 170,000, according to CryptoQuant. Analyst Ali Martinez warned that a December close under $2,930 could precede drops toward $2,000 or even $1,100, and SoSoValue tracked nearly $225 million in spot ETF outflows Monday and $22.3 million on Wednesday.

Digital asset investment products saw $864 million of inflows last week, marking a third consecutive week of gains dominated by $796 million from US investors. Bitcoin products attracted $522 million but remain behind prior yearly levels, while an analyst warned the asset could face a deeper correction after falling from about $126,000 to $90,000, with potential downside targets as low as the $54,000–$60,000 range by late 2026.

Bitcoin adviser and author Terence Michael cautioned the community after a client who had saved for years lost 1 BTC to a romance-style pig-butchering scam. In a post on X, he described how social engineering prevailed despite multi-signature safeguards and advisory interventions. The case underscores limits of custody tools when victims authorize transfers.

Bitcoin has retreated from around $126,000 to about $90,000 since early October, and analyst Mr. Wall Street believes a larger downturn may follow after a rebound toward $100,000. He cites weakening US economic data, delayed Federal Reserve easing, and multiple bearish technical signals as reasons for expecting BTC to slide first toward the $68,000–$74,000 zone and potentially down to $54,000–$60,000 by the fourth quarter of 2026. Another analyst, Doctor Profit, also maintains that Bitcoin is still in a bear market and has not yet found a bottom.

XRP swung in a tight range, starting near $2.06, briefly topping $2.15 around December 10, then easing to $2.04. According to CryptoQuant, whales have been accumulating as Spot Taker CVD turns buyer-dominant, while Upbit shows its first meaningful XRP withdrawal uptick since 2023. Analyst CasiTrades flags $2.03–$1.97 as key support and $2.41 with $2.75–$2.90 as potential upside levels.

In 2025, Glassnode data shows that large entities, including public companies, governments, ETFs, and exchanges, collectively hold about 5.94 million BTC, close to 30% of Bitcoin's circulating supply. While the price recently dipped below $90,000 amid broader market weakness, continued ETF purchases and the inclusion of Strategy in the Nasdaq 100 suggest sustained institutional interest.

Bitcoin is holding near $90,000 as analysts frame the market between a mid‑cycle correction and the risk of a deeper downturn. Axel Adler Junior cites a -32% drawdown, moderate unrealised losses around 12%, and key thresholds at -35% and -40%. Ali Martinez flags a bearish pattern with a potential target close to $70,000.

Hex Trust said it will issue and custody wXRP, a 1:1 wrapped XRP for Solana, Ethereum, Optimism and HyperEVM, enabling DeFi use and RLUSD trading where supported. The launch is expected to carry more than $100 million in TVL, with LayerZero's OFT standard used for cross‑chain transfers and authorised merchants handling mint and redeem against segregated XRP reserves.

Do Kwon received a 15-year U.S. federal sentence for deceiving investors during TerraUSD's collapse. He pleaded guilty to two counts, while prosecutors sought at least 12 years and the defense asked for no more than five. He also agreed to an $80 million SEC civil penalty and a ban on crypto-related activities.