Bitcoin below $95k! Majors nosedive 8-12%! JPMorgan bullish on Circle!
Crypto majors fell 7–12% in one of the year’s biggest selloffs, with Bitcoin down 8% to $95,200, Ethereum down 11% to $3,100, BNB down 7% to $895, and Solana down 12% to $137. A few assets bucked the trend, with ZEC up 3% and LEO up 1% among top movers. Bitcoin miners and crypto-related equities were hit as well, including declines in MicroStrategy (-7%), Coinbase (-7%), and Robinhood (-9%). Market sentiment remained deeply negative, with the Crypto Fear & Greed Index holding in Extreme Fear at 16. In more positive news, JPMorgan analysts turned bullish on Circle, upgrading the stock to Overweight and raising their price target on expectations of faster USDC and stablecoin growth; Cathie Wood’s ARK added $30 million in shares. Jack Dorsey’s Cash App announced that stablecoin payments on Solana and other networks are planned for early 2026. Separately, reports surfaced that China state-backed hackers allegedly used Anthropic’s Claude Code to assist in a major cyberattack affecting roughly 30 companies. Additional disclosures revealed Epstein estate emails referencing Bitcoin discussions between Brock Pierce and Larry Summers at Jeffrey Epstein’s Manhattan townhouse. Meanwhile, Emory University doubled its Bitcoin holdings in Grayscale’s BTC Trust, bringing its total to $52 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum Updates Today: Investors Manage AI and Crypto Profits Amid Market Fluctuations and Regulatory Ambiguity
- BigBear .ai surged 19% premarket after Q3 results and acquiring Ask Sage, boosting secure AI revenue potential. - Rocket Lab rose 9.6% on 48% revenue growth but faces Neutron rocket delays and valuation concerns. - GameSquare and American Bitcoin highlighted crypto resilience, while Ethereum fell below $3,100 amid ETF outflows. - Market volatility persists as AI, space, and crypto sectors balance growth opportunities with regulatory risks.
Ethereum News Update: As Solana Slows Down, Investors Turn Attention to XRP and Ethereum
- Solana (SOL) price drops near $164 as derivatives market wanes, with open interest halving to $7.72B, signaling retail investor retreat. - XRP's ETF gains $58M in volume, leveraging traditional finance ties to outperform Solana-focused funds. - Ethereum (ETH) treasuries rise via staking and DeFi, with ETHZilla and BTCS boosting holdings for yield generation. - Blockchain firms like Figure and GameSquare expand Ethereum's appeal through asset tokenization and Web3 strategies. - MoonLake's securities fraud
XRP News Today: SEC Gives Green Light to XRP ETF, Signaling a Major Regulatory Milestone for Cryptocurrency
- SEC approves first XRP ETF (XRPC) by Canary Capital, marking regulatory milestone for Ripple after years of legal scrutiny. - XRP surged 12% post-approval as institutional demand grows, with projected $5B inflows and 0.5% management fee. - ETF aligns with new SEC rules for commodity-based funds, accelerating XRP's potential normalization in traditional portfolios. - Institutional custodians and partners like Gemini and U.S. Bancorp support the fund, mirroring Bitcoin/Ethereum ETF success trajectories. -
Progressive Shakeup in Seattle Indicates Nationwide Shift Driven by Calls for Greater Affordability
- Seattle progressive Katie Wilson defeated Mayor Bruce Harrell in a historic upset, reflecting national trends demanding affordability and systemic change. - Wilson's platform focused on capital gains taxes for housing funds and renter protections, contrasting Harrell's law-and-order approach amid rising costs and homelessness. - The win signals urban Democratic realignment, with progressive policies challenging traditional centrism as Trump-era policies galvanized left-leaning voters nationwide. - Harrel
Trending news
MoreCrypto prices
More
