Bitcoin is trading at $90,002, showing a fall of $2,424, which equals about 0.02623% from the previous close
The cryptocurrency market shows a blend of stability and sharp movement today, with major coins trading near important levels while broader sentiment remains cautious. Bitcoin continues to hold the spotlight as it moves around the $90,000 range, while Ethereum, Solana, and other leading tokens display mixed performance. Overall, the market reflects both confidence in long-term growth and sensitivity to short-term economic events.
Crypto Prices Today
Bitcoin is trading at $90,002, showing a fall of $2,424, which equals about 0.02623% from the previous close. The day’s high touched $94,381, while the lowest point reached $89,536. This movement reflects a market that is active but also under slight downward pressure. Ethereum continues to trade between $3,100 and $3,400, holding its place as the second-largest cryptocurrency.
Solana remains around $130, still experiencing higher ups and downs than major coins. BNB trades near $860 to $900, keeping it among the strongest altcoins by market value. Overall, large cryptocurrencies are holding firm levels, while smaller tokens face more volatility across the market.
General Market Condition
The total value of the entire cryptocurrency market stands around $3.0 to $3.3 trillion, showing how significant the industry has become. Daily trading volume ranges between $80 and $150 billion, proving that investors continue to stay active despite fluctuations.
Bitcoin dominates more than 55% of the total market, meaning the direction of Bitcoin strongly affects the wider crypto landscape. Market charts show mixed signals today. Some coins show small gains, while others face declines. This creates an atmosphere of uncertainty, where traders remain cautious and price swings happen quickly.
Latest Regulatory Developments
A major update comes from the United States, where the cryptocurrency exchange Gemini has received approval from the Commodity Futures Trading Commission to launch prediction markets in the country. This marks an important step because prediction markets allow trading based on future events, opening new areas of activity for the crypto industry.
Another significant development is the announcement from US banking regulators stating that banks can now act as intermediaries for crypto transactions under “riskless principal” rules. This allows traditional banks to assist in crypto buying and selling, which may increase institutional participation. However, it also raises concerns about risk management within the banking system.
In India, tax authorities report large collections from crypto transactions. Total TDS collected from crypto gains has reached Rs. 1,100 crore, with Maharashtra contributing a major part. This shows increasing participation in digital assets and also tighter monitoring from the authorities.
Market Sentiment and Price Outlook
Investor confidence remains mixed due to constant price swings. Standard Chartered Bank has revised its long-term forecast for Bitcoin. Earlier projections of $300,000 by 2026 have now been brought down to $150,000. The target for this year is now $100,000. The revision shows caution among analysts because Bitcoin’s recent momentum has depended heavily on ETF inflow rather than corporate treasury investment.
Recent price action supports this cautious view. In early December, Bitcoin dropped below $86,000 before recovering back toward $90,000. This movement marks one of the hardest monthly declines since the market crash of 2022. Ethereum has also experienced short-term declines, although it sometimes outperforms Bitcoin during recovery phases. These swings show how sensitive the market remains to global economic news, interest rate expectations, and investor mood.
Security and Enforcement News
Authorities in India and Europe have increased action against large-scale cryptocurrency scams. India’s CBI has filed charges against suspects in a Rs. 1,000-crore crypto scam, involving international networks. Europol has cracked a €700-million laundering network, again proving that cybercrime operations remain active across borders.
In Uttar Pradesh, police arrested multiple cyber criminals involved in crypto fraud worth Rs. 11.95 crore. These actions remind the market of the importance of platform security and fraud awareness, especially as more investors enter the ecosystem.
Price Behavior of Major Cryptocurrencies
Bitcoin continues to trade around important technical levels. Movements toward $94,000 show strong resistance, while dips below $89,000 trigger defensive selling. The coin reacts quickly to economic indicators such as interest rate comments from the US Federal Reserve. Ethereum behaves in a similar pattern, moving up during market optimism and falling quickly during corrections. Over short periods, Ethereum sometimes performs better than Bitcoin, especially when activity increases in decentralized finance and staking networks.
Altcoins show a wider range of price movements. Many smaller tokens have recorded sharper declines than major coins, mainly due to lower liquidity. Even small sell orders in such coins can cause large price drops. Despite the pressure, certain networks such as Polkadot and XRP display moments of strength, showing that investor interest in specific ecosystems continues even during market downturns.
Market Interpretation
Current market conditions suggest elevated volatility. On many days, major cryptocurrencies experience intraday swings of several percent. Such moves require traders to be more careful with risk, especially when Bitcoin approaches key support levels near the $80,000 range. Investor confidence remains heavily influenced by regulations. Approvals for new crypto services, bank participation, and taxation policies all play major roles in shaping long-term adoption.
Security news also plays a strong part in shaping sentiment. Large scam investigations underline the ongoing risks related to digital fraud. Safe trading platforms and proper verification measures remain essential for protecting funds in a fast-growing market.
Overall Summary
The crypto market today shows a combination of strength and uncertainty. Bitcoin holds near $90,002, while Ethereum remains within a healthy trading band. Total market capitalization of $3 trillion highlights the industry’s large size despite recent volatility.
Regulatory breakthroughs, security operations, and forecast changes continue to influence market direction. As price swings remain sharp and investor confidence fluctuates, the market stays highly active and sensitive to both global economic signals and technological developments.
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