Why Is Crypto Rising Today? – December 10, 2025

Summary: The cryptocurrency market has risen by 2.6%, with its total capitalization reaching $3.25 trillion. Most top cryptocurrencies, including Bitcoin and Ethereum, have experienced positive price movements. Market participants are closely watching the U.S. Federal Reserve's interest rate decisions, which could influence future price trends.

Key Takeaways

The cryptocurrency market capitalization has increased by 2.6% to $3.25 trillion.
Bitcoin (BTC) has risen to $92,694, while Ethereum (ETH) is now at $3,331.
The market anticipates a possible interest rate cut by the U.S. Federal Reserve.
A consolidation period for Bitcoin is expected between $90,000 and $95,000.
The crypto fear and greed index has risen slightly from 25 to 30, indicating growing caution among investors.

Why Is Crypto Up Today

Overview of Today's Crypto Market Surge

Today, the crypto market has experienced a notable upswing, with a rise of 2.6%, pushing its overall capitalization to $3.25 trillion. Out of the top 100 cryptocurrencies, 92 have seen price increases in the last 24 hours, while the total trading volume for the day stands at $147 billion.

Leading Cryptocurrencies: Winners and Losers

As of the latest data, nine of the top ten cryptocurrencies by market capitalization have recorded price gains over the past 24 hours.

Bitcoin (BTC) has seen an increase of 2.3%, now trading at $92,694.
Ethereum (ETH) has risen by 6.6%, currently priced at $3,331, marking the highest rise among the top ten today.
Solana (SOL) has gained 4.4%, trading at $139.
Dogecoin (DOGE) is up by 4.2%, priced at $0.1468.
The minimal increase was seen in Binance Coin (BNB), which rose by 0.7% to $893.
Tron (TRX) is the only coin in the top ten that declined, down by 0.4%, currently valued at $0.28.

In the broader top 100 list, MemeCore (M) led with a remarkable gain of 10.2% to $1.45. Following that, Cardano (ADA) saw a rise of 7.6% to $0.4603. On the downside, Bitcoin Cash (BCH) experienced the most significant drop, down 1.8% to $563, while LEO Token (LEO) fell by 1.3% to $9.54.

Traders are particularly focused on the U.S. Federal Reserve's anticipated interest rate cut announcement today, although some believe that this has already been factored into current prices. Changpeng Zhao suggested that Bitcoin might rally significantly in 2026, potentially mirroring gold’s performance.

A Period of Market Consolidation on the Horizon

According to Koinly CEO Robin Singh, the recent increase in Bitcoin's price to nearly $93,000 ahead of the Fed's decision suggests strong market support at the $90,000 level. He believes that Bitcoin might enter a consolidation phase between $90,000 and $95,000 in the following weeks as traders seek a new catalyst to drive further growth.

Singh emphasizes that this stage should not be viewed negatively; he recalls that in 2024, such consolidations preceded major movements when influenced by significant macroeconomic events, like the U.S. presidential election.

Furthermore, analysts from Bitunix have highlighted a rise in geopolitical uncertainties, keeping sentiment within the crypto market cautious. They pointed out that ongoing negotiations among the U.S., Ukraine, and Europe could impact market volatility influenced by safe-haven demands.

Currently, Bitcoin is facing resistance at $93,200, with support levels around $90,000 to $91,000. Investors should keep an eye on the market's reaction to news regarding dollar dynamics and geopolitical factors that could influence risk asset volatility.

Tracking Important Levels and Upcoming Events

As of Wednesday morning, Bitcoin is trading at $92,694 after bouncing back from an intraday low of $90,040 to a high of $94,489. Despite this, Bitcoin has experienced a slight decrease of 0.3% over the past week, indicating stability in this timeframe.

If Bitcoin can regain the $98,000 to $100,000 range, it may rise further to $105,000 and $110,000. Conversely, a drop below $90,000 could lead to a pullback to the $82,000 to $85,000 range.

BTC Trading Chart

Ethereum is currently trading at $3,122, having fluctuated from a low of $3,099 to a high of $3,388 earlier today. Unlike Bitcoin, Ethereum has seen a positive change of 8.6% over the last week, partly due to its supply hitting a 10-year low—setting the stage for significant gains. Price targets for Ethereum could reach $3,400, with potential upward ranges of $3,500-$3,600, while a pullback may find support around $2,900.

In the wider crypto market, there was a significant uptick, though sentiment remains in the fear zone, with the fear and greed index improving to 30 from 25. Market participants are showing cautious optimism as they react to shifting sentiments toward the anticipated U.S. interest rate cut.

Crypto Market Overview

After a period of outflows, U.S. Bitcoin spot exchange-traded funds (ETFs) reported $151.74 million in inflows, with total net inflows now at $57.71 billion. Out of twelve Bitcoin ETFs, eight recorded inflows, while one, managed by BlackRock, saw a loss of $28.76 million.

Fidelity attracted the most inflows with $198.85 million, followed by Grayscale at $33.79 million and Bitwise at $16.22 million.

BTC ETF Flows

For Ethereum ETFs, December 9 marked another positive flow day with $177.64 million, the highest since late October, raising total net inflows to $13.09 billion. Of the nine funds, seven saw inflows, with Fidelity leading at $51.47 million.

ETH ETF Flows

Additionally, Strive Asset Management, led by Vivek Ramaswamy, announced a $500 million preferred stock offering to acquire more Bitcoin, which the firm currently holds approximately 7,525 BTC worth about $695.93 million. Furthermore, the U.S. Office of the Comptroller of the Currency has permitted national banks to facilitate crypto trades as intermediaries, enabling them to buy from one customer and sell to another without holding inventory.

Quick FAQ

The crypto market has recorded an overall increase over the last 24 hours, contrasting with the mixed performance of the U.S. stock market during its last session. By the close of Tuesday, December 9, the S&P 500 fell by 0.088%, the Nasdaq-100 increased by 0.16%, and the Dow Jones Industrial Average dropped by 0.38%. Investors are anticipating a potential policy rate cut of a quarter percentage point from the U.S. Federal Reserve today.

The market is expected to continue adhering to the tight trading range observed in recent weeks; however, significant macroeconomic events could drive it out of this range in either direction.