Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Markets
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Crypto Markets Today: Bitcoin drifts lower a
Markets
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Crypto Markets Today: Bitcoin drifts lower a
Crypto Markets Today: Bitcoin drifts lower as bearish trend persists
Per feedback o dubbi su questo contenuto, contattateci all'indirizzo crypto.news@mexc.com.
Crypto Markets Today: Bitcoin drifts lower as bearish trend persists
Bitcoin slipped overnight, dragging the broader crypto market lower as traders remained cautious with few external cues to provide direction.
By Oliver Knight, Omkar Godbole|Edited by Sheldon Reback
Dec 17, 2025, 11:30 a.m.
Bitcoin drifted lower overnight (Midjourney/Modified by CoinDesk)
What to know:
- BTC dropped 1.5% from its overnight high, with failure to reclaim $94,700 last week reinforcing a downtrend marked by lower highs since early October.
- The CoinDesk 20 has lost 1.6% since midnight UTC, while bitcoin dominance rose, underscoring continued underperformance across altcoins.
- The average crypto RSI sits at 38.49, suggesting the market is oversold and could be due a short-term relief rally despite the absence of clear year-end catalysts.
The crypto market slipped overnight, with bitcoin BTC$86,920.43 dropping 1.5% from the high it hit in the early hours of Wednesday.
The broader market followed suit. The CoinDesk 20 (CD20) fell 1.6% since midnight UTC with all members of the index declining.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Sign me up
Bitcoin's sell-off after failing to break above $94,700 last week has extended a downtrend that started in early October with a series of lower highs.
In order to break the bearish trend and stage a recovery, the largest cryptocurrency needs to trade back above $95,000 and ideally $98,000, although year-end catalysts remain absent.
Much of the market is, however, in "oversold" territory according to the average crypto relative strength index (RSI), which is at 38.49/100, indicating the potential for a short-term relief rally.
Derivatives positioning
- BTC's 30-day implied volatility, represented by Volmex's BVIV, remains below an annualized 50%, suggesting market calm ahead of Thursday's U.S. inflation data and Friday's Bank of Japan rate decision.
- BTC's 90-day historical volatility is now consistent with major tech stocks such as Tesla and Nvidia, a sign of market maturation.
- BTC/USD longs on Bitfinex have hit highest since February.
- Open interest (OI) in futures tied to most tokens, including BTC and ether ETH$2,932.34, has declined over 24 hours. BCH, UNI and NEAR stand out with moderate increases in OI.
- On Deribit, put writing at bitcoin's $85,000 strike and call writing at $95,000 and $100,000 strikes point to expectations for a broad range play in the near term.
- Block flows featured straddles and risk reversals in BTC and call calendar spreads in ether.
- Broadly speaking, both BTC and ETH puts remain pricier than calls, pointing to persistent downside concerns and call overwriting.
Token talk
- The altcoin market continues to exhibit weakness against bitcoin trading pairs with bitcoin dominance rising to 58.7% from 57.8% on Nov. 26.
- ASTER and TAO are the two worst-performing altcoins out of the top 100, posting a 6.5% and a 6.1% move to the downside since midnight UTC.
- The plunge in ASTER extends a bearish trend since the weekly candle open on Monday, with a slide in excess of 20% as the hype around BNB Chain derivatives exchanges continues to wane.
- There were a handful of bullish outliers in the altcoin market, these included monero XMR$431.59, up by 0.2% since midnight and Cardano's privacy token, NIGHT, which rose by more than 5% mid-morning in Europe.
- The "altcoin season" indicator is at 19/100 as the market firmly remains focused on bitcoin since October's liquidation wipeout.
Crypto Markets TodayDerivativesMarketsmarket analysis
More For You
Protocol Research: GoPlus Security
Commissioned byGoPlus
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
View Full Report
More For You
How China’s strengthening yuan could support bitcoin prices
The yuan has rise to its highest in over two months against the dollar.
What to know:
- The strengthening Chinese yuan could create a more bullish environment for bitcoin by influencing global money flows.
- A stronger yuan allows China to implement economic stimulus, potentially benefiting cryptocurrencies amid global economic shifts.
- The yuan's rise may lead to a weaker dollar, which historically boosts demand for dollar-denominated assets like bitcoin.
Read full story
Latest Crypto News
How China’s strengthening yuan could support bitcoin prices
Bitcoin long term holder supply hits 8 month low, breaking historical cycle patterns
Bhutan commits up to 10,000 bitcoin to back new mindfulness-based economic hub
Memecoin boom turns into capitulation one year after $150 billion market peak
Bitcoin trades near key price safety net that Strategy already breached
Bitcoin slides with ether and XRP as market tests $3 trillion floor
Top Stories
U.S. FDIC proposes first U.S. stablecoin rule to emerge from GENIUS Act
How China’s strengthening yuan could support bitcoin prices
Memecoin boom turns into capitulation one year after $150 billion market peak
Bitcoin long term holder supply hits 8 month low, breaking historical cycle patterns
Bhutan commits up to 10,000 bitcoin to back new mindfulness-based economic hub
Grayscale outlines top crypto investing themes for 2026 as institutional adoption grows
Disclaimer: gli articoli ripubblicati su questo sito provengono da piattaforme pubbliche e sono forniti esclusivamente a scopo informativo. Non riflettono necessariamente le opinioni di MEXC. Tutti i diritti rimangono agli autori originali. Se ritieni che un contenuto violi i diritti di terze parti, contatta crypto.news@mexc.com per la rimozione. MEXC non fornisce alcuna garanzia in merito all'accuratezza, completezza o tempestività del contenuto e non è responsabile per eventuali azioni intraprese sulla base delle informazioni fornite. Il contenuto non costituisce consulenza finanziaria, legale o professionale di altro tipo, né deve essere considerato una raccomandazione o un'approvazione da parte di MEXC.
Potrebbe anche piacerti
3 Paradoxes of Altcoin Season in September
The post 3 Paradoxes of Altcoin Season in September appeared on BitcoinEthereumNews.com. Analyses and data indicate that the crypto market is experiencing its most active altcoin season since early 2025, with many altcoins outperforming Bitcoin. However, behind this excitement lies a paradox. Most retail investors remain uneasy as their portfolios show little to no profit. This article outlines the main reasons behind this situation. Altcoin Market Cap Rises but Dominance Shrinks Sponsored TradingView data shows that the TOTAL3 market cap (excluding BTC and ETH) reached a new high of over $1.1 trillion in September. Yet the share of OTHERS (excluding the top 10) has declined since 2022, now standing at just 8%. OTHERS Dominance And TOTAL3 Capitalization. Source: TradingView. In past cycles, such as 2017 and 2021, TOTAL3 and OTHERS.D rose together. That trend reflected capital flowing not only into large-cap altcoins but also into mid-cap and low-cap ones. The current divergence shows that capital is concentrated in stablecoins and a handful of top-10 altcoins such as SOL, XRP, BNB, DOG, HYPE, and LINK. Smaller altcoins receive far less liquidity, making it hard for their prices to return to levels where investors previously bought. This creates a situation where only a few win while most face losses. Retail investors also tend to diversify across many coins instead of adding size to top altcoins. That explains why many portfolios remain stagnant despite a broader market rally. Sponsored “Position sizing is everything. Many people hold 25–30 tokens at once. A 100x on a token that makes up only 1% of your portfolio won’t meaningfully change your life. It’s better to make a few high-conviction bets than to overdiversify,” analyst The DeFi Investor said. Altcoin Index Surges but Investor Sentiment Remains Cautious The Altcoin Season Index from Blockchain Center now stands at 80 points. This indicates that over 80% of the top 50 altcoins outperformed…
Condividi
BitcoinEthereumNews2025/09/18 01:43
Vitalik Buterin Reveals Ethereum’s Long-Term Focus on Quantum Resistance
TLDR Ethereum focuses on quantum resistance to secure the blockchain’s future. Vitalik Buterin outlines Ethereum’s long-term development with security goals. Ethereum aims for improved transaction efficiency and layer-2 scalability. Ethereum maintains a strong market position with price stability above $4,000. Vitalik Buterin, the co-founder of Ethereum, has shared insights into the blockchain’s long-term development. During [...] The post Vitalik Buterin Reveals Ethereum’s Long-Term Focus on Quantum Resistance appeared first on CoinCentral.
Condividi
Coincentral2025/09/18 00:31
Trump downplays Iran conflict’s gas price effect, ceasefire odds fall
The post Trump downplays Iran conflict’s gas price effect, ceasefire odds fall appeared on BitcoinEthereumNews.com. President Trump claims the Iran conflict’s impact
Condividi
BitcoinEthereumNews2026/04/02 10:22
