Daily Cryptocurrency Market Report – December 8, 2025

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Release Time: 08/12/2025 04:35:27

BTC

$90,084.70

‮‭0.73‎‎‬%‬

Industry Update

The core personal consumption expenditures index aligns with expectations, bolstering rate cut forecasts.

Summary

Macro Environment: The core personal consumption expenditures index in the United States for September increased by 2.8% year-over-year, in line with expectations. The University of Michigan's inflation expectations index fell to its lowest level this year. This data has strengthened expectations for a rate cut at this week’s Federal Open Market Committee meeting, with the FedWatch index showing an 86.2% probability of a 25 basis point cut in December. U.S. stocks rose across all three major indices, as the S&P 500 approached its all-time highs again.

Cryptocurrency Market: The total market capitalization declined over the weekend amid limited trading. Bitcoin fell below 88,000 before bouncing back, with a slight increase in its dominance. Altcoins broadly declined as trading volumes shrank. Ahead of this week’s Federal Reserve meeting, a sense of uncertainty has accumulated, and market sentiment slipped into the “extreme fear” zone.

Project Developments:

Hot Tokens: PENGU, FARTCOIN, GLMR, PIEVERSE