📉 Market Overview
Bitcoin dropped to around $89.6K, after a sharp sell-off and nearly $100M in long liquidations within 30 minutes.
Total market liquidations today exceeded $400M+.
Despite the dip, some analysts still see a potential BTC year-end target of $100K.
🔻 Altcoins
XRP is crashing despite strong ETF inflows — now around $2.03, down ~44% from recent highs.
Technical indicators point to continued downside pressure.
🏦 Institutions & Adoption
National Bank of Canada reportedly made a significant crypto-related investment, seen as bullish for institutional adoption.
⚖️ Regulation
Italy’s regulator tells all crypto firms: get MiCA authorization by Dec 30, 2025, or leave the market.
Global regulators are increasingly focused on stablecoin oversight.
🧭 Key Things to Watch
Whether BTC can rebound toward the $100K target.
Ongoing volatility in pressured altcoins (like XRP).
Institutional investment flows.
Regulatory tightening, especially in Europe.
