December 7, 2025 - Crypto News
📉 Bitcoin (BTC)
Current Price: ~$107,150.00 (-0.6% in 24h)
Top News: Bitcoin is taking a breather on Sunday, consolidating slightly after hitting fresh all-time highs yesterday. CoinDesk reports that trading volume has thinned out significantly as the weekend comes to a close. Traders are defending the $106,000 support level, with analysts viewing this cool-off as a healthy "flag formation" before the next leg up on Monday.
📈 Ethereum (ETH)
Current Price: ~$4,085.20 (+1.5% in 24h)
Top News: Ethereum continues to show immense strength, holding firmly above the $4,000 breakout level. The Defiant highlights that the network's issuance rate has dropped to its lowest point in 2025 due to high gas fees from the weekend's NFT and meme coin frenzy, reinforcing the "Ultrasound Money" narrative that is attracting long-term institutional holders.
📊 Altcoin Developments
Polkadot Leads Laggard Rally As capital rotates from high-flying coins to undervalued assets, Polkadot (DOT) is the day's winner, jumping 10%. CryptoSlate notes that DOT has significantly underperformed SOL and ADA recently, and traders are now playing "catch-up," betting on the upcoming "Coretime" implementation to revitalize the ecosystem.
Profit Taking in GameFi After yesterday's massive surge, the Gaming sector is seeing a correction. Gala (GALA) and Immutable (IMX) are down roughly 5-8% as short-term traders book profits. BeInCrypto warns that while the long-term trend remains bullish, weekend pumps in the gaming sector are often followed by sharp Monday retracements.
