According to BlockBeats, Bitwise Chief Investment Officer Matt Hougan has noted that the current market downturn has led to the oversight of significant developments, such as the increasing value capture capabilities of UNI, ETH, and XRP. Hougan believes that the market will soon reassess the positive impact of the Ethereum Fusaka upgrade, especially if it is delivered as expected on December 3. He considers this upgrade an underestimated catalyst that could contribute to Ethereum leading the next crypto market rebound.

What big things have the mainstream Perp DEXs been up to lately? Jinse Finance reports on the Perp DEXs making a series of bold moves.

The global cryptocurrency market cap now stands at $2.87T, up by 0.49% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $83,500 and $86,860 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $86,161, up by 2.45%. Most major cryptocurrencies by market cap are trading higher. Market outperformers include AWE, MAV, and ALICE, up by 45%, 28%, and 28%, respectively. Top stories of the day: Coinglass: Crypto Market Sentiment Remains Bearish Despite Recent Rebound Macroeconomist Lyn Alden: Crypto Conditions Signal Unlikely Chance of ‘Major Capitulation’ Hong Kong's Financial Sector Thrives Amid Global Geopolitical Shifts Major Banks Alerted by SitusAMC to Potential Data Breach Bitwise CIO: Cryptocurrency's Evolving Role in the World OG Bitcoin Holders Shift Assets Amid Market Concerns Tom Lee: Strategy Stock Becomes Key Risk Management Tool Market Faces Challenges Amid Release of Key Economic Reports Bitcoin News: Bitcoin Enters Its ‘Fastest Bear Market Ever’ — But Key Liquidity Signals Hint at a Bullish Year-End Reversal Bitcoin News Today: BTC ETF Outflows Are ‘Tactical Rebalancing,’ Not an Institutional Exit, Analysts Say Bitcoin News Today: Bitcoin Rebounds as December Fed Rate-Cut Odds Surge Nearly 30 Points in a Day Crypto News Today: BlackRock Bitcoin ETF Bleeds $2.47B in November as US Spot Funds Hit Record $3.79B Outflows Memecoin News: Memecoin Market Crashes to 2025 Low as $5B Wiped Out in a Single Day Market movers: ETH: $2809.27 (+3.09%) BNB: $843.79 (+3.40%) XRP: $2.0425 (+6.93%) SOL: $129.67 (+2.78%) TRX: $0.2752 (+0.18%) DOGE: $0.14346 (+5.05%) WLFI: $0.1476 (+3.94%) ADA: $0.4115 (+3.50%) WBTC: $86027.76 (+2.45%) BCH: $550.4 (+3.13%) Top gainers on Binance: AWE/USDT (+45%) MAV/USDT (+28%) ALICE/USDT (+28%)

According to Odaily, Bitwise CEO Hunter Horsley announced on the X platform that he has increased his Bitcoin holdings at the price of $85,000, expressing satisfaction with the decision.

The UK government will hold rail fares steady in 2026. source: https://www.cryptopolitan.com/uk-to-freeze-rail-fares-in-budget/

The Solana cryptocurrency is currently wavering precariously, teetering on the brink of a significant breakdown that could have serious implications for its price. Analysts and investors are closely monitoring the situation, as there are several key factors contributing to this uncertainty. If market conditions lead to one more substantial decline or "flush," it could trigger a downward movement that may push Solana's price down toward the critical support level of $98. Understanding the reasons behind this potential breakdown is essential for anyone looking to navigate the complexities of the cryptocurrency market during this volatile period. source: https://blocknews.com/solana-teeters-on-the-edge-of-a-major-breakdown-here-is-why-one-more-flush-could-send-price-toward-98/

Key Takeaways: Bitcoin dropping below its two-year SMA signals a potential major trend shift for the market. source: https://coindoo.com/market/bitcoin-breakdown-below-2-year-trend-line-sparks-fears-of-a-new-bear-phase/

A recent report from Bloomberg Intelligence points out that Bitcoin's recent decline and break below a key support level seem to indicate a weak year-end performance for risk assets. This indicator currently has an inverse relationship with S&P 500 volatility. However, momentum may pick up in 2026, as the current market downturn may have bottomed out and there could be significant upside potential as Wall Street's portfolio adjustments come to an end.

ملخص تحليل اليورو دولار الاسبوعى الاتجاه العام: هبوطى. نقاط الدعم لليورو دولار الاسبوعية: 1. 1490 – 1. 1400 – 1 source: https://www.tradersup.com/%d8%a7%d9%84%d8%aa%d9%88%d9%82%d8%b9%d8%a7%d8%aa-%d9%88%d8%a7%d9%84%d8%aa%d8%ad%d9%84%d9%8a%d9%84%d8%a7%d8%aa-%d8%a7%d9%84%d8%a7%d8%b3%d8%a8%d9%88%d8%b9%d9%8a%d8%a9/%d8%aa%d8%ad%d9%84%d9%8a%d9%84-%d8%a3%d8%b3%d8%a8%d9%88%d8%b9%d9%8a-%d9%84%d8%b2%d9%88%d8%ac-%d8%a7%d9%84%d9%8a%d9%88%d8%b1%d9%88-%d8%af%d9%88%d9%84%d8%a7%d8%b1/%d9%88%d9%85%d8%b3%d8%a7%d8%b1-%d8%a7%d9%84%d9%87%d8%a8%d9%88%d8%b7%d9%89-%d9%84%d9%85-%d9%8a%d9%86%d8%aa%d9%87%d9%89-%d9%81%d9%85%d8%a7-%d8%a3%d9%87%d8%af%d8%a7%d9%81-%d8%a7%d9%84%d8%af%d8%a8%d8%a8/149373

Solana has released its second inflation proposal this year. source: https://ambcrypto.com/will-solanas-double-disinflation-plan-squeeze-defi-returns-analysts-weigh-in/

Japan will reclassify 105 cryptocurrencies as financial products and cut crypto taxes from 55% to 20%, aiming to boost transparency and Web3 adoption. source: https://catenaa.com/markets/cryptocurrencies/japan-plans-crypto-reclassification-and-major-tax-cuts/

Hyperliquid, ETH, Market Data Discrepancy: Ethereum Bleeds, Hyperliquid Stutters - Golden Finance, When Fortune Brings All Help, When Luck Fades, Even Heroes Are Helpless.

Market Trends, Crypto Market, Investment, Liquidity Singularity: How the $2 Billion Bitcoin Chain Liquidation Reveals the Mathematical End of Free-Market Capitalism (Golden Finance) - The liquidity singularity is not imminent; it has already arrived.

BTC, Market Trends, Crypto Market, Is Bitcoin a Correction or a New Bear Market? Jinse Finance: Long-term holders are still distributing their holdings; the market has not yet reached its bottom.

Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance, covering key news, market and contract data, mining information, project updates, technological advancements, and other industry dynamics.

Jinse Finance launches its cryptocurrency and blockchain industry daily news bulletin, "Jinse at 8 AM," issue 2887, providing you with the latest and fastest news on the digital currency and blockchain industry.

The biggest challenge in the market right now is the lack of buying support. Bitcoin's next upward cycle may benefit from institutional capital that does not rely on leverage.

The final result will be revealed on January 15, 2026, and the market has already begun to vote with its feet.

Ethereum appears to have made a remarkable transformation from a "geek experiment" to a "global asset." However, under the spotlight of the crypto market, this largest smart contract platform in the industry is now standing at a historical crossroads.

As mentioned yesterday, since November 10th, with the rise in Japanese government bond yields, foreign exchange market investors have intensified their selling of yen, leading to a rapid depreciation of the yen against the dollar. This is because people are not optimistic about the soundness of Japan's fiscal situation.