Bitcoin is testing the $100,000 level amid structural market pressure. The Growth Rate Difference metric has turned negative at -0.00095, showing market capitalization is declining faster than realized value, data show. The cryptocurrency traded near $92,000 at the time of analysis, with support zones identified between $85,000 and $87,000.

Bitcoin retreated to around $89,000 after dropping below $90,000, with the Crypto Fear & Greed Index remaining near 25. Major tokens posted losses, with BTC down 3.16%, ETH falling 3.45%, and SOL declining 5.69%. Market participants show limited conviction ahead of the typical year-end rally window.

On-chain investigator ZachXBT reported on December 5 that a British individual allegedly connected to the $243M Genesis creditor Bitcoin theft may have been apprehended in Dubai. Approximately $18.58M in cryptocurrency has reportedly been seized and held in a single Ethereum wallet. Dubai authorities have not issued official confirmation of any arrest or seizure.

XRP saw a 1,694,200% liquidation imbalance after a 1.43% price drop, with long positions accounting for nearly all losses, data show. Ethereum experienced a network disruption affecting approximately 23% of nodes due to a Prysm client bug on December 5. More than 2,000 BTC, worth $185.16 million, were withdrawn from Binance in two transactions.

XRP fell nearly 4% to $2.07 over 24 hours following Ripple's completion of its $1 billion acquisition of GTreasury. The deal provides Ripple access to a treasury platform serving over 800 corporations across 160 countries and processing $12.5 trillion in annual payments. Institutional investors in Europe allocated $549 million to XRP products in 2025, exceeding flows into Ethereum.

The U.S. personal saving rate declined to 4.7% in September while inflation remained at 2.8% year-over-year, according to the Bureau of Economic Analysis. Real consumer spending showed zero growth during the period, marking one of the weakest consumption readings this year. Personal income rose 0.4%, driven by wage gains and dividend income.

Federal prosecutors have requested a 12-year prison term for Terraform Labs founder Do Kwon in connection with the 2022 collapse of Terra USD and Luna tokens that wiped out $40 billion in value. The sentencing recommendation was filed Thursday with the U.S. District Court for the Southern District of New York. Prosecutors cited the unprecedented scale of the fraud and Kwon's conduct in artificially inflating asset values while enriching himself.

Bitcoin dropped below $90,000 on December 5, 2025, trading near $89,200. Technical indicators show an RSI of 41 and negative MACD readings, pointing to sustained bearish momentum. Liquidations totaling $167 million—primarily long positions—have amplified selling pressure across the market.