@mutlucankurt
Crypto Market Analysis: Last 24 Hours (as of December 7, 2025)
Executive Summary
The cryptocurrency market showed modest stability over the past 24 hours, with the total market capitalization hovering around $3.04T, reflecting a slight 0.23% increase amid subdued trading volumes. Bitcoin maintained its dominance at approximately 58.52%, but sentiment remains cautious, with the Fear and Greed Index dipping to extreme fear levels (around 2), the lowest in months. Trading volume declined sharply by 42.15% to $78.24B, signaling reduced liquidity and a potential consolidation phase. While majors like BTC and ETH posted minimal gains, altcoins exhibited rotational volatility, with high-beta plays like LUNA and LUNC surging amid speculative interest. Broader trends point to improving fundamentals post-FTX era, but macro factors—such as Japan's rate hike and yen carry trade unwind fears—are capping upside momentum. Overall, the market is in a "wait-and-see" mode, with potential for recovery if Fed rate cut odds (now at 93%) materialize.
Top Gainers and Losers
- Gainers: Altcoin speculation drove outsized moves. LUNA surged +28% to +41% (top gainer on Binance), LUNC +72% (fueled by Do Kwon sentencing buzz and token burns), BURN +88.85%, MOODENG +50%, ACE +30%, and EOS +12.24%. Memecoins like COCORO exploded +95%, highlighting beta rotation.
- Losers: Minimal downside pressure; Hedera (HBAR) dropped amid broader market dips and volume spikes, XRP faced negative social sentiment risking further pullback, and SOL/USDC saw negligible -0.02%/-0.01% slips. Overall, no major crashes—stability prevailed.
Major News and Events
- Bitcoin: Traded in a tight $88K-$91K range, down 1.8% overall but rebounding +8% intraday on Fed cut bets and institutional inflows. Anthony Pompliano's ProCap BTC closed a SPAC merger, boosting treasury plays. However, Japan's rate hike raised yen carry trade unwind fears, potentially pressuring BTC toward $87K if $95K resistance fails.
- Ethereum: Gained traction from the Fusaka upgrade, enhancing DeFi/RWA efficiency. Funding rates mixed bullish on Binance/Bybit, but neutral elsewhere.
- Altcoins & Ecosystem XRP ETFs saw 11 straight days of $750M+ inflows, with whales accumulating despite bearish sentiment. Aptos led stablecoin inflows at $426.8M. Regulatory wins: UK deems BTC/crypto legal property; Vanguard opens spot ETFs to 50M users; BoA allows 4% advisor allocations. Drawbacks: U.S. prosecutors seek 12-year sentence for Do Kwon (Terra losses > FTX/Celsius); IMF warns on stablecoin risks, favoring CBDCs.
- Broader Trends: Coinbase forecasts December rebound with rising liquidity; AI bubble and weaker USD as tailwinds. Turkey's Paribu acquired CoinMENA for $240M, expanding MENA access. Sentiment disconnect: Healthier post-FTX ecosystem vs. bearish vibes—price must lead belief.
Sentiment and Technical Outlook
Social buzz on X reflects cautious optimism: BTC "holding ground" at $89K, altcoin "sparks" in LUNA/LUNC, but "extreme fear" dominating. Funding rates are fragmented (mildly bullish for BTC/ETH on key exchanges, negative for XRP/SOL on others), indicating localized positioning ahead of volatility. Technically, BTC eyes $95K breakout for $108K upside or $87K correction; ETH could test $3,200 if L2 momentum builds. Altseason hints via rotation, but watch macro (Fed, yen flows). Short-term: Bullish on dips if $90K holds; long-term, regulatory clarity (e.g., SEC's Project Crypto) could ignite 2026.
This analysis draws from real-time data; markets evolve rapidly—DYOR and trade responsibly. For deeper dives, check sources like CoinMarketCap or CoinDesk.