The following are the cryptocurrency dynamics and market conditions as of December 8, 2025, at 3 PM. The information comes from public markets and industry news sources for reference.
📊 Core Market Overview
• Bitcoin (BTC): Priced at $91,300, with a 24-hour increase of about 1.63%; the daily low is around $87,700, and the high reached $91,700; support is focused at $87,500-$88,000, with resistance at $92,000 and between $93,600-$94,200.
• Ethereum (ETH): Priced at $3,130, with a 24-hour increase of about 2.25%; support is seen at $3,050 and $3,000, with resistance at $3,170 and $3,200.
• Market Sentiment: The Fear and Greed Index is at 20, indicating extreme fear; the outflow pressure from global cryptocurrency funds has eased, with Bitcoin spot ETFs experiencing net inflows for several consecutive days, showing significant institutional buying support.
🗞️ Important Updates
1. Binance has obtained comprehensive regulatory approval from ADGM, advancing its compliance process; today, it updated the full-margin collateral rates for assets like ZEC, BONK, and SEI, and users need to pay attention to liquidation risks.
2. Harvard University increased its Bitcoin investment from $117 million to $443 million in the third quarter, indicating significant institutional buying signals.
3. ZKsync Lite announced it will be discontinued in 2026, being the first zero-knowledge (ZK) rollup network on Ethereum.
4. Ethena withdrew 25 million ENA (approximately $7.05 million) from Bybit, with relevant wallet holdings totaling about 780 million ENA (approximately $208 million).
5. Seven associations jointly issued a risk warning, emphasizing the prevention of illegal fundraising, Ponzi scams, and other illegal activities in the virtual currency sector.
