【2025年12月24日 Cryptocurrency News】
1. Market Conditions
Bitcoin (BTC): Approximately **$87000**, with a daily low of $86800, forming a "crow" bearish pattern on the daily chart, breaking below all key moving averages.
Ethereum (ETH): Approximately **$2,890**, with a 24-hour decline exceeding 3%, oscillating in the $2,850-$2,995 range, maintaining a weak short-term outlook.
Total Market Cap: $2.96 trillion, down 1.35% from the previous day, with spot market trading volume shrinking to around $100 billion.
Key Warning: $28 billion in cryptocurrency options contracts will expire on December 27, compounded by insufficient liquidity during the Christmas holiday, leading to potential further volatility.
2. Policy Dynamics
EU Regulatory Proposal: The European Commission plans to revise DLT pilot regulations, relax usage restrictions on DLT platforms, enhance legal flexibility, and strengthen ESMA's direct regulatory authority over cryptocurrency service providers.
SEC Regulatory Calls: Market participants are urging the SEC to strengthen high-leverage control over cryptocurrency derivatives, pointing out that multiple liquidation events in 2025 were caused by excessive leverage, resulting in significant losses for retail investors.
US Macro Impact: Q3 GDP grew by 4.3% year-on-year, exceeding expectations; market interest rate cut expectations have cooled, with funds shifting to safe-haven assets like gold, putting pressure on cryptocurrency fund preferences.
3. Trading Events
No significant trading events concluded or initiated.
4. Exchange Dynamics
Grayscale: Paused accepting new investor funds, only increasing holdings from existing investors, adding 8,703 Bitcoins on December 23, bringing total holdings to 597,000.
BlackRock: The iShares Bitcoin Spot ETF recorded a $188.7 million single-day outflow, marking the largest single-day outflow in history.
Ethereum ETF: Continued inflows, with a single-day inflow of $53.6 million on December 24, totaling over $184 million in the past two days.
5. Other Important Dynamics
Contract Liquidation: A sudden drop in the morning triggered mass liquidations, totaling over 13 billion RMB; DeFi tokens and altcoins experienced severe fluctuations, with SUSHI halving in 5 minutes and XRP cumulatively dropping 40%.
Whale Activity: On December 20, a crypto whale increased their holdings in Solana worth $6.15 million against the trend and staked it, with significant divergence among institutions.
Uniswap Progress: The community voted to activate the fee switch and burn 100 million UNI tokens, but the favorable conditions were realized early, causing the UNI price to continue to decline to $5.82, a 52% drop from the high earlier in the year.
