What happened: Bitcoin slid to nearly $84,000 before bouncing slightly; several other major cryptos also lost ground as liquidity tightened and macroeconomic uncertainty resurfaced.  

Why it matters: The drop under $85 K confirms how fragile sentiment and liquidity remain. In such conditions, even moderate selling can trigger outsized moves. Without fresh demand or macro tailwinds, crypto remains vulnerable to further downside.

2) 🧑‍💼 Traditional investors shake-up — Vanguard opens access to Bitcoin, ETH, XRP & SOL ETFs for brokerage clients

What happened: Vanguard has reportedly allowed U.S. ETF products based on Bitcoin, Ethereum, XRP and SOL to be available to its brokerage clients — significantly widening access to crypto exposure for traditional investors.  

Why it matters: If capital flows through Vanguard, this could broaden the investor base beyond typical crypto holders to mainstream retail & institutional portfolios. That might support medium-term demand — but only if valuations stabilize enough to attract cautious investors.

3) 🔐 Enforcement spotlight — Swiss & German authorities shut down mixing service amid money-laundering probe

What happened: Authorities in Switzerland and Germany shut down a crypto-mixer service, seized servers and froze assets after a key money-laundering investigation.  

Why it matters: The crackdown signals renewed regulatory pressure on anonymity services and privacy-focused tools. This can increase compliance costs and risk for services and users — perhaps pushing more activity into regulated, transparent ecosystems. Privacy-sensitive users may retreat, reducing demand for certain kinds of protocols.

4) 🔄 Fresh supply hitting markets — over $70 M in tokens scheduled to unlock early December

What happened: A wave of token unlocks is scheduled for the first week of December, totaling about US$76 million across multiple crypto projects.  

Why it matters: New supply entering the market — especially during weak demand and liquidity — can add bearish pressure. Smaller-cap projects and newly issued tokens may see outsized volatility or price dips if demand doesn’t match supply.