What's Driving the Rise in Crypto Today? – December 25, 2025

The cryptocurrency market has seen a slight uptick today, extending earlier gains following recent declines. The total market capitalization of all cryptocurrencies has increased by about 0.7%, reaching nearly $3.04 trillion, while the 24-hour trading volume is approximately $69.9 billion, as reported by market data.

Key Takeaways

The crypto market rose today, with total market capitalization increasing ~0.7% to $3.04 trillion.
AI-related tokens continue to face pressure, down about 75% year-over-year.
Optimism surrounding Bitcoin (BTC) was briefly piqued by Elon Musk’s prediction of strong US economic growth in 2026.
Bitcoin is consolidating below key resistance levels, with support around $86K–$87K.
Ethereum (ETH) remains range-bound below $3,000, with muted trading volume and support near $2,700–$2,800.
Market sentiment remains cautious, with the Crypto Fear and Greed Index at 28, indicating fear.
US spot Bitcoin ETFs reported $175.3 million in net outflows.
US spot Ether ETFs had net outflows of $52.7 million.
Major Russian exchanges confirmed their readiness to start regulated crypto trading.

What's Driving the Rise in Crypto Today? – December 25, 2025

Crypto Winners & Losers

As of the current observation, most major cryptocurrencies are performing positively over the past 24 hours.

Bitcoin (BTC) is trading up 0.7%, priced at $87,414, staying steady near recent highs.

Ethereum (ETH) has seen no change today, trading at $2,924, but has grown 3.2% over the past week.

BNB (BNB) has increased by 0.5% to $840, and XRP (XRP) is also up by 0.6%, trading at $1.87.

Solana (SOL) rose by 0.3%, currently priced at $121.76, although it remains down over the last week.

Dogecoin (DOGE) increased by 0.2% to $0.127, continuing its slow recovery.

Among the standout gainers, Beefy (BIFI) surged by an impressive 197% to $312.55, becoming both the top gainer and one of the most actively traded assets. Following closely, ZER0BASE jumped by 69.9% to $0.1533, and Minidoge rose 73.3%, trading at $0.878.

On the flip side, losses among larger-cap cryptocurrencies were limited. Cardano (ADA) dipped 0.7% to $0.357, while WhiteBIT Coin (WBT) dropped 0.3% to $56.51. TRON (TRX) saw a 1.1% decrease, trading at $0.2796, marking it as the weakest performer among the top 10 assets.

Meanwhile, after a significant rally throughout 2023 and most of 2024, AI-focused cryptocurrencies have experienced a sharp correction. A recent report indicates that this sector has lost nearly 75% of its overall value year-over-year, equating to a loss of approximately $53 billion as investor interest waned amid tightening market conditions.

Bitcoin Optimism Uplifted by Economic Predictions

Bitcoin traders are turning their focus back to macroeconomic signals following comments from Elon Musk, who suggested that the US economy could soon enter a period of rapid growth, potentially with “double-digit” GDP growth on the horizon for 2026.

While Musk's remarks were not specifically about cryptocurrency, they were quickly embraced by investors looking for signs of improved liquidity and risk appetite after Bitcoin's recent downturn. This update aligns with the potential for rate cuts by the US Federal Reserve, which has revived discussions over the macroeconomic context for Bitcoin prices. Advocates like Anthony Pompliano argue that faster economic growth could enhance the appeal of Bitcoin as a scarce asset, while others emphasize that Musk's insights can highlight important shifts driven by AI dynamics.

Linh Tran, a market analyst at XS.com, pointed out that Bitcoin’s recent price movement reflects the market's response to expectations around monetary policy rather than solely economic headlines.

Last week, analysts at K33 noted that the ongoing sell pressure from long-term Bitcoin holders might be reaching its limits after several years of steady asset distribution.

Key Levels and Upcoming Events to Monitor

At the moment of writing, Bitcoin is trading around $87,366, showing a slight decrease throughout the day after a turbulent market session. Over the last 24 hours, BTC has struggled to gain traction, consistently failing to maintain its position above nearby resistance levels.

From a broader perspective, Bitcoin continues to trade significantly below its recent highs. The recent weeks illustrate a clear downward trend since the October peak of around $125,000, followed by a significant correction in November and a slower consolidation phase throughout December. Buyers are currently defending the $86,000–$87,000 range, which is acting as short-term support.

If Bitcoin can reclaim and sustain a position above $88,000, it might pave the way for a recovery towards $90,000 and potentially upwards to $92,000. Conversely, a definitive break below $86,000 could expose the price to further declines, targeting $84,000, with deeper support levels around $82,000.

Ethereum is currently trading at approximately $2,921, down slightly today. URL-wise, ETH has also faced erratic price action, with sellers stepping in on each upward attempt.

Over the past week, ETH has remained trapped in a narrow trading range and has struggled to reclaim the important psychological $3,000 mark. The trading volume has stayed low, indicating that traders are likely waiting for clearer directional signals before committing substantial investments.

A sustained movement above the $2,980–$3,000 range could shift momentum towards buyers, with potential upside targets around $3,150. If selling pressure resumes, ETH may revisit support near the $2,800 level, followed by further pullback opportunities towards $2,700.

In terms of market sentiment, the Crypto Fear and Greed Index remains cautious, registering at 28, firmly within the fear zone. This figure is largely unchanged from yesterday's reading of 27, suggesting that while investor sentiment has stabilized, it has not significantly improved.

US spot Bitcoin ETFs observed further net outflows, with a reported $175.29 million leaving these funds on December 24, according to the latest data.

Outflows were widespread across major products, with BlackRock’s IBIT recording the highest outflows of $91.37 million, followed by Grayscale’s GBTC with $24.62 million, and Fidelity’s FBTC with $17.17 million exiting the fund. Smaller outflows were also noted for Bitwise (BITB) and ARK 21Shares (ARKB).

Additionally, US spot Ether ETFs recorded a net outflow of $52.7 million on December 24, ending a brief inflow period, according to the latest data available.

Leading the outflows was Grayscale’s ETHE, with $33.78 million exiting the fund, followed by BlackRock’s ETHA, which saw $22.25 million in net outflows. In contrast, Grayscale’s ETH trust (ETH) attracted a minor inflow of $3.33 million, marking it as the only fund to receive new capital in that session.

Overall trading for US ETH ETFs reached $689.44 million, with total net assets amounting to $17.86 billion, constituting around 5% of Ethereum’s market capitalization.

In other news, the Moscow Exchange and St. Petersburg Exchange have affirmed their readiness to begin regulated crypto trading, pending the establishment of Russia’s legislative framework, expected by mid-2026. Local reports suggest that these announcements follow the Bank of Russia's release of a regulatory concept on December 23, which sets July 1, 2026, as the target date for comprehensive cryptocurrency legislative development.