Trading

On December 26, 2025, a governance vote on Aave's forum rejected a proposal to transfer the protocol's brand assets under DAO control, with 994,800 votes against from roughly 1.8 million cast. Following the failed proposal and resulting governance concerns, around 230,000 AAVE were reportedly sold, triggering an estimated 10% price decline and heightened volatility for the token.

On December 26, 2025, China’s central bank set the yuan’s daily fixing at ¥7.0358 per dollar, 301 pips below market estimates. The decision followed the offshore yuan’s dip below ¥7 per dollar on Thursday for the first time since September 2024, with the offshore rate around ¥7.0024 at press time and near-term resistance seen near ¥6.9.

Bitcoin is hovering near $89,160 after a 1.5% gain in the last 24 hours, with daily volume around $24.3 billion and market cap roughly $1.78 trillion. According to the Crypto Fear and Greed Index, sentiment is at 27 and the Altcoin Season Index at 16; the 4‑hour chart highlights $90,500, $92,650 and $94,600 on the upside, and $88,000, $86,300 and $83,800 on the downside.

Recent on-chain and derivatives metrics indicated that Bitcoin's sell pressure has reached a three-year high, while spot ETF flows have remained negative. Analysts highlighted liquidation clusters around $83.5k and between $90k and $94.7k, with expectations of a possible BTC move down toward $82k followed by a bounce toward $95k linked to a large options expiry.

On 25 December, a long-dormant Bitcoin whale and BlackRock reportedly transferred a combined 2,692 BTC, worth about $234.7 million, to Coinbase and OKX while BTC’s price remained range-bound. At the same time, spot Bitcoin ETFs saw five straight days of net outflows and futures open interest declined, signaling reduced leverage and cautious sentiment around key support near $86,000.

Analyst Steph said on X that XRP’s 3-week chart shows the Stochastic RSI at 0.00, a reading previously seen only at the 2022 bear‑market low. CryptoXLarge flagged $1.95 as a pivotal zone on the weekly chart, while ETF products have logged daily inflows since November 13 and hold over $1.1 billion, with XRP trading near $1.87 at the time of writing.

As 2025 enters its final week, DeepSeek AI released updated projections for XRP, Solana and Cardano through the end of 2026. The model flags a high-volatility phase and maps bull and bear paths: XRP's upside targets $4.50–$6.00 with a risk to $1.00, Solana's $275–$350 with $80–$95 downside, and Cardano's $0.85–$1.20 with a $0.25–$0.28 floor.

On Dec. 25, 2025, World Liberty Financial said on X that its USD1 stablecoin's market capitalization exceeded $3 billion. Binance launched a USD1 Booster Program offering up to 20% APR and began a 1:1 swap of B-Token BUSD collateral into USD1, while a BTC/USD1 spot pair flash crash briefly printed $24,000 before spiking above $87,000.

Bitcoin short sellers have strengthened their positions after a 23% Q4 price drop, while U.S. spot ETF demand and CME Open Interest have fallen to levels last seen in 2024. With basis trade yields dropping from near 10% in early 2025 to around 5%, traders are eyeing possible moves toward $80K on the downside and liquidations near $88K–$90,600 if price spikes.

On December 25, Bitcoin briefly fell under $87,000 during thin Christmas trading as ETF withdrawals and weak liquidity pressured prices, according to XWIN Finance. Its Trend Index printed 34/100 and the Fear and Greed Index hit 24. Net outflows were about 2,900 BTC (~$251 million), while Ethereum funds remained net negative on the week.