The crypto market has started December on a weak note. After a heavy crash in November, Bitcoin dropped from $126,000 to around $86,000. Investors are now watching Federal Reserve decisions and upcoming blockchain upgrades for possible recovery signs.
Market Update
Bitcoin fell below $86,000 and Ethereum dropped near $2,900.
The entire crypto market lost over $1 trillion since October.
Reasons: slow global economy, reduced ETF inflows, and less trading leverage.
Some analysts still expect a December bounce if the Fed turns “dovish.”
Top Coins (Dec 1, 2025):
BTC: $86,728
ETH: $2,914
XRP: $2.00
SOL: $145
DOGE: $0.32
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Ethereum: Fusaka Upgrade
Ethereum is preparing for its new upgrade called Fusaka, expected in early December.
This update will:
Improve speed
Support growing Layer-2 networks
Reduce congestion
Experts believe ETH could rally 20–30% if the upgrade goes smoothly.
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Upbit Hack – $37 Million Stolen
South Korea’s biggest exchange, Upbit, was hacked for $37 million.
Hackers are suspected to be linked to North Korea.
The exchange paused withdrawals and caused a dip in Korean altcoin prices.
Regulators may introduce stricter rules for crypto storage and security.
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XRP Price Confusion
XRP trades around $2.00, but predictions are mixed:
AI tools expect a small rise to $2.02.
Analysts predict $2.70–$2.85 due to Ripple’s new stablecoin expansion and ETF hopes.
Technical charts show XRP might be forming a bullish breakout, but overall altcoin weakness could limit gains.
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Global Regulations Heating Up
Brazil: 90% of crypto volume comes from stablecoins; new tracking system launched.
Switzerland: Delays crypto tax-sharing rules until 2027.
Turkmenistan: Introduces mining and exchange regulations.
USA: Trump family faces criticism for crypto-related conflicts of interest and market losses.
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2026 Outlook
Despite the current dip, some analysts believe:
Bitcoin could still reach $175K–$250K in 2026.
December’s Federal Reserve meeting will be a key moment.
If interest rates fall, a “Santa Rally” may happen.
If not, gold may continue outperforming crypto.
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