2025 is rapidly coming to an end, and even though it was quite spectacular for a large part, it\u2019s likely to turn out to be a red year for BTC. The past week or so didn\u2019t help the cryptocurrency either.<\/p>\n
Recall that the asset was already rejected at $94,500 on a couple of occasions during the previous business week when the US Federal Reserve cut<\/a> the interest rates. Then, all eyes turned on the following several days due to the release of more key economic data, as volatility was expected<\/a> to be quite high.<\/p>\n The business week began on the wrong foot as BTC was pushed south by several grand on Monday afternoon. It dropped<\/a> from $90,000 to under $86,000 within just a few hours. It tried to recover some ground and exploded on Wednesday to almost $90,500. However, this turned out be another fake-out and bitcoin quickly lost all the momentum, dumping below $85,500.<\/p>\n The community turned its focus on Thursday\u2019s release of CPI data in the US. Although both the core and regular Consumer Price Index showed<\/a> a lot healthier inflation levels than expected, the positive effects on BTC\u2019s price were very brief. The cryptocurrency jumped immediately from $87,000 to $89,500, where it was stopped again and driven south to a multi-week low of $84,500.<\/p>\n It managed to find some support there and now sits around $88,000. This means that it has dropped by almost 5% weekly, which is still less than some other big losers, such as ETH (-9%), SOL (-10%), ADA (-14%), LINK (-12%), and HYPE (-18%). XMR is the only exception here, with a weekly increase of 5%.<\/p>\n <\/a>Cryptocurrency Market Overview Weekly. Source QuantifyCrypto<\/p>\n Market Cap: $3.053T | 24H Vol: $166B | BTC Dominance: 57.5%<\/p>\n BTC: $88,000 (-4.9%) | ETH: $2,960 (-9%) | XRP: $1.87 (-8.6%)<\/p>\n Terraform Labs Sues Jump Trading for $4B Over Alleged $1B Profit from Terra Collapse<\/strong>. Jump Trading has been sued<\/a> for $4 billion by Terraform Lab\u2019s court-appointed administrator for secretly profiting from the overall collapse of the Terra ecosystem, including its two native tokens.<\/p>\n Base Launches Tokenized \u2018Everything App\u2019 for Social, Trading, and Payments<\/strong>. After the beta release of the so-called \u2018Everything app\u2019 in July this year, Coinbase\u2019s new product has officially launched<\/a>, aiming to bring social features, trading, payments, and earning tools together into a single platform.<\/p>\n Ethereum Network Slumps to 12-Month Low: What the Retail Exodus Means<\/strong>. The world\u2019s second-largest blockchain has seen an evident exodus of retail participants, with the network usage dumping to a yearly low. However, CryptoQuant indicated<\/a> that such previous instances have been used by long-term investors to accumulate ETH quietly.<\/p>\n Bitcoin (BTC) Has Entered a Bearish Phase, Structural Indicators Confirm<\/strong>. BTC\u2019s price chart for the past two and a half months has been quite painful, showcasing a massive 30+% drop from the October ATH of over $126,000. As such, some analysts argued<\/a> that the asset\u2019s structure has shifted toward a bear market phase.<\/p>\n China\u2019s Mining Crackdown Drives Bitcoin Hashrate to Three-Month Low<\/strong>. Aside from the struggling price movements, Bitcoin was hit on another front \u2013 the hash rate. The key metric supporting the network\u2019s health has dropped<\/a> to a three-month low as China\u2019s crackdown continues.<\/p>\n Is Bitcoin Entering a Supercycle? Here\u2019s Why This One Looks Different<\/strong>. Whether or not the bear market has started is still up for debate, but analysts appear convinced that the old four-year cycle is no more. Instead, certain metrics suggest<\/a> that BTC now operates within a single large supercycle.<\/p>\n The post Bitcoin\u2019s Price Slumps Before Christmas Despite Strong CPI Data: Your Weekly Crypto Recap<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" 2025 is rapidly coming to an end, and even though it was quite spectacular for a large part, it\u2019s likely to turn out to be a red year for BTC. The past week or so didn\u2019t help the cryptocurrency either. Recall that the asset was already rejected at $94,500 on a couple of occasions during […]<\/p>\n","protected":false},"author":0,"featured_media":121777,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-121776","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/121776"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=121776"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/121776\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/121777"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=121776"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=121776"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=121776"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Market Data<\/h2>\n
This Week\u2019s Crypto Headlines You Can\u2019t Miss<\/h2>\n
![<\/a>Cryptocurrency Market Overview Weekly. Source QuantifyCrypto<\/p>\nMarket Cap: $3.053T | 24H Vol: $166B | BTC Dominance: 57.5%<\/p>\nBTC: $88,000 (-4.9%) | ETH: $2,960 (-9%) | XRP: $1.87 (-8.6%)<\/p>\nThis Week\u2019s Crypto Headlines You Can\u2019t Miss<\/h2>\nTerraform Labs Sues Jump Trading for $4B Over Alleged $1B Profit from Terra Collapse<\/strong>. Jump Trading has been sued<\/a> for $4 billion by Terraform Lab\u2019s court-appointed administrator for secretly profiting from the overall collapse of the Terra ecosystem, including its two native tokens.<\/p>\nBase Launches Tokenized \u2018Everything App\u2019 for Social, Trading, and Payments<\/strong>. After the beta release of the so-called \u2018Everything app\u2019 in July this year, Coinbase\u2019s new product has officially launched<\/a>, aiming to bring social features, trading, payments, and earning tools together into a single platform.<\/p>\nEthereum Network Slumps to 12-Month Low: What the Retail Exodus Means<\/strong>. The world\u2019s second-largest blockchain has seen an evident exodus of retail participants, with the network usage dumping to a yearly low. However, CryptoQuant indicated<\/a> that such previous instances have been used by long-term investors to accumulate ETH quietly.<\/p>\nBitcoin (BTC) Has Entered a Bearish Phase, Structural Indicators Confirm<\/strong>. BTC\u2019s price chart for the past two and a half months has been quite painful, showcasing a massive 30+% drop from the October ATH of over $126,000. As such, some analysts argued<\/a> that the asset\u2019s structure has shifted toward a bear market phase.<\/p>\nChina\u2019s Mining Crackdown Drives Bitcoin Hashrate to Three-Month Low<\/strong>. Aside from the struggling price movements, Bitcoin was hit on another front \u2013 the hash rate. The key metric supporting the network\u2019s health has dropped<\/a> to a three-month low as China\u2019s crackdown continues.<\/p>\nIs Bitcoin Entering a Supercycle? Here\u2019s Why This One Looks Different<\/strong>. Whether or not the bear market has started is still up for debate, but analysts appear convinced that the old four-year cycle is no more. Instead, certain metrics suggest<\/a> that BTC now operates within a single large supercycle.<\/p>\nThe post Bitcoin\u2019s Price Slumps Before Christmas Despite Strong CPI Data: Your Weekly Crypto Recap<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"2025 is rapidly coming to an end, and even though it was quite spectacular for a large part, it\u2019s likely to turn out to be a red year for BTC. The past week or so didn\u2019t help the cryptocurrency either. Recall that the asset was already rejected at $94,500 on a couple of occasions during […]<\/p>\n","protected":false},"author":0,"featured_media":121777,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-121776","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/121776"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=121776"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/121776\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/121777"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=121776"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=121776"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=121776"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/12\/Screenshot-2025-12-19-160047.png\"){kind=link}