Today's top US crypto news for December 11, 2025, is dominated by market volatility and significant product developments. Bitcoin dipped below $90,000 following a Federal Reserve interest rate cut.

The rate cut, though a typical bullish signal, was accompanied by a "hawkish" statement that spooked investors, resulting in $500 million in liquidations and a strong correlation with falling tech stocks.

On the product front, crypto ETP issuer 21shares launched the 21Shares $XRP

XRP
XRPUSDT
2.0383
+1.44%

$ETF on CBOE, while startup LI.FI secured $29 million in funding.

Regulatory news includes an OCC review finding "inappropriate" bank restrictions on crypto businesses. The CFTC also announced the first leveraged spot crypto product on a regulated exchange is upcoming.