December 1, 2025 - Crypto News
📈 Bitcoin (BTC)
Current Price: ~$104,150.00 (+3.8% in 24h)
Top News: Bitcoin has started December with a massive bullish signal, securing its first-ever monthly candle close above the $100,000 mark. Bloomberg and CoinDesk both highlight this as a historic technical milestone. The "December Rally" narrative is now in full swing, with analysts predicting a push toward $110,000 as institutional desks re-open with renewed risk-on appetite for the end of the year.
📈 Ethereum (ETH)
Current Price: ~$3,710.40 (+2.6% in 24h)
Top News: Ethereum has broken through the $3,700 resistance, fueled by the broader market optimism. The Block reports that Spot Ethereum ETFs saw a sudden spike in pre-market volume on Monday morning. Investors are positioning for a "beta catch-up" trade, expecting ETH to outperform BTC in percentage terms during the early weeks of December.
📊 Altcoin Developments
Token Unlocks Hit Optimism and dYdX As warned yesterday, the scheduled token unlocks have impacted specific assets. Optimism (OP) and dYdX (DYDX) are both trading lower by roughly 4-6% today. TokenUnlocks confirms that millions of dollars worth of tokens hit the circulating supply this morning, creating temporary sell pressure as early investors book profits.
XRP Flips BNB for Top Spot In a major ranking shift, Ripple (XRP) has rallied another 10%, officially flipping BNB to become the 4th largest cryptocurrency by market cap (excluding stablecoins). CryptoSlate attributes this sustained momentum to ongoing speculation about a potential settlement in its long-running regulatory battles and increased adoption in Asia.
