Crypto News: Bitcoin, Ethereum, XRP Markets Slide Amid Volatile December Start
Global crypto markets saw a broad downturn on Tuesday, December 2, 2025, as Bitcoin, Ethereum, and XRP all posted small losses. The total crypto market cap dropped to around $2.95 trillion, reflecting a 5.3% decline from the previous day.
Bitcoin traded at approximately $86,978, down 0.9% over 24 hours, after a brief dip below $84,000 earlier in the session. The largest cryptocurrency has slid from its recent highs, showing ongoing volatility amid shifting Federal Reserve expectations and global stock market unease.
Ethereum lost 0.32% to trade at $2,807, with its price channelling in a descending trend. Analysts warn that sustained selling pressure could push Ethereum’s price lower, with support near $2,505 and resistance at $2,865.
XRP dipped to $2.01, falling 1.6% as the token struggled to maintain ground above $2. Technical indicators suggest mixed sentiment, with analysts watching for a breakout above $2.30 and $2.75 to confirm a bullish reversal.
The early December slump follows a wave of leveraged positions being liquidated and a flight to risk-off assets, with Japan’s bond yields and currency fluctuations adding to market jitters.
While some analysts see short-term recovery potential, especially for Bitcoin, ongoing macro uncertainty keeps the crypto sector on edge.$BTC $ETH $BNB
