Market Dynamics and Price Overview (December 10, 2025)
Overall Increase: The cryptocurrency market has generally risen in the past 24 hours, with a total market capitalization exceeding $3.08 trillion.
Bitcoin (BTC): The price fluctuates above $92,000. Analysts point out that if it can maintain above $91,900, it may continue to rise.
Ethereum (ETH): Strong performance, rising over 6% in the last 24 hours, stabilizing around $3,300. Institutions are increasing their holdings in Ethereum, restoring market confidence.
Altcoins: Most altcoins, including FET, PENGU, ADA, have also seen significant increases, with the market anticipating a rally in altcoin trends.
Market Sentiment: The Fear and Greed Index has slightly improved but remains in the 'Fear' zone (index around 30).
Key News and Developments
1. 🇺🇸 Acceleration of U.S. Regulation and Institutionalization Process
CFTC's Rising Power: The U.S. Commodity Futures Trading Commission (CFTC) is strengthening its regulatory role.
Registered futures exchanges can now officially launch cryptocurrency spot trading.
Approved a pilot program allowing registered exchanges to use Bitcoin, Ethereum, or U.S. dollar stablecoins as collateral for trading.
These two initiatives are seen as a key step towards the institutionalization of the crypto industry under the Trump administration's policy agenda.
New ETF Submission: An asset management company has submitted an ETF to the SEC named 'Bitcoin Night Trading', which only trades outside of regular U.S. trading hours to capture Bitcoin's overnight returns.
Bitwise: Its encrypted index fund BITW will soon start trading as an exchange-traded product on the New York Stock Exchange Arca.
Banking Expansion: According to reports, U.S. banks can now officially broker trades of Bitcoin, Ethereum, XRP, and Solana.
2. Other Regions and Important Events
Mainland China's Attitude: Regulatory authorities in mainland China reiterated their tough stance on cryptocurrencies, with the chairman of the mainland Securities Regulatory Commission clearly stating that financial institutions must resolutely avoid engaging in emerging businesses related to 'unseen and unmanageable' crypto assets.
Binance Related: Influenced by the news of Binance Alpha going live, the DOYR token briefly surged over 290%. At the same time, Binance plans to delist certain spot trading pairs (such as CHR/BTC, ENJ/BTC).
3. Expert Opinions
Cathie Wood (Ark Invest): Believes that Bitcoin's four-year cycle will be broken, and the 'bottom' of this cycle may have already been reached.
Bitwise's Investment Director: Asserts that under the reshaping of institutional capital, Bitcoin's four-year cycle will become ineffective, predicting a strong bull market in 2026.
