Daily Cryptocurrency Market Report – December 17, 2025

AI Stock Sell-Off Extends, Bitcoin Falls in Parallel

Summary

Macro Environment: Market expectations regarding the next Federal Reserve Chair shifted when the likelihood of Jim Walsh's nomination on Polymarket surpassed that of Kevin Hassett, adding short-term uncertainty to the monetary policy outlook. With the US non-farm payrolls report approaching, markets remained cautious. The sell-off in AI infrastructure stocks continued to weigh on technology stocks and the broader market, with all three major US stock indices closing lower. Meanwhile, expectations of a Fed rate cut, a weaker US dollar, and increased risk aversion supported gains in precious metals.

Cryptocurrency Market: The total cryptocurrency market capitalization fell by 2.08%, with Bitcoin finding temporary support around $85,000. Trading activity in altcoins rebounded, with market share and trading volume increasing; however, with major currencies declining, overall market sentiment remained subdued.