December 5, 2025 - Crypto News

📈 Bitcoin (BTC)
Current Price: ~$106,920.50 (+2.6% in 24h)

Top News: Bitcoin has shattered its previous all-time high, surging past $106,000 following a "Goldilocks" U.S. Jobs Report. Bloomberg reports that the Non-Farm Payroll data came in slightly cooler than expected, solidifying expectations for a Federal Reserve rate cut later this month. This macro tailwind has triggered a wave of institutional buying, pushing the asset into price discovery mode.

📈 Ethereum (ETH)
Current Price: ~$3,910.00 (+4.4% in 24h)

Top News: Ethereum is arguably the star of the day, outperforming Bitcoin significantly as it closes in on the $4,000 psychological barrier. The Block reports that daily active users on Ethereum Layer-2s (Base, Arbitrum, Optimism) hit a combined record of 5 million yesterday. Analysts are calling this "ETH season," noting that capital is finally rotating aggressively from Bitcoin into the leading smart contract platform.

📊 Altcoin Developments
Cardano Rallies on "Voltaire" Update Cardano (ADA) has woken up, rallying over 12% to lead the large-cap altcoins. CoinDesk notes that Charles Hoskinson announced the final date for a critical governance phase of the "Voltaire" era upgrade, which promises to make the network fully decentralized and community-run, sparking a massive relief rally for long-term holders.

Base Ecosystem Meme Coins Explode While the main market focuses on macro data, the "degen" money is flowing into the Base chain. DexScreener shows that meme coins on Coinbase's Layer-2 network are seeing triple-digit gains today. Traders are speculating that Coinbase's upcoming "Smart Wallet" rollout will onboard millions of retail users directly into these high-risk tokens.