Another day, another red Bitcoin candle. Why is crypto crashing? Liquidations have exceeded $658 million in the last 24 hours, primarily affecting optimistic positions, intensifying the downward move amid thinner, year-end trading volumes. This deleveraging process appears driven by efforts to scale back excessive borrowing built up during recent rallies, leading to cascading sales as positions are forcibly closed.
Yet even amid this purge, PIPPIN keeps ripping, hitting a fresh all-time high. These isolated altcoins moving against the broader market keep trader motivation high as they search for the next crypto to explode.
For now, let’s analyze what is influencing the crypto market and what we can expect for the rest of 2025.
Bitcoin
0.63%
Bitcoin
BTC
Price
$64,739.60
0.63% /24h
Volume in 24h
$23.38B
Price 7d
Learn more
trading around $85,600–$86,500 after dropping below $86,000, marking a decline of about 4 percent over the past day.
Ethereum
2.73%
Ethereum
ETH
Price
$1,917.61
2.73% /24h
Volume in 24h
$10.04B
Price 7d
Learn more
has declined around 5 percent to near $2,950, contributing to a total market capitalization of approximately $2.93 trillion, down more than 3 percent. The Crypto Fear & Greed Index stands at 11–16, reflecting extreme fear among investors, a sentiment level that has often appeared before periods of recovery in past cycles.
Miners have faced difficulties, including regional restrictions that led to around 400,000 machines going offline and an 8 percent drop in network hashrate, prompting some to sell holdings to cover expenses.
EXPLORE: 20+ Next Crypto to Explode in 2025
In the United States, economic data releases this week, including combined employment figures and retail sales indicators, may provide clues about consumer strength and influence expectations for interest rates. Geopolitical issues, such as ongoing U.S.-Venezuela tensions involving asset seizures, raise possibilities of localized effects but do not seem to be the main force in the current global market movement.
Extreme Fear Sparks Bottom-Fishing Talk as Key $80K–$81K Bitcoin Support Comes Into Focus
Amid this environment, many are viewing the extreme fear reading as a historical buy indicator, suggesting that such lows often precede recoveries. Analysts point to support levels around $80,000 to $81,000 for Bitcoin, warning that breaches could lead to further retreats, possibly toward $70,000.
Conversely, some interpret the current adjustments as necessary for sustainable growth, clearing out overextended positions in preparation for renewed interest in the coming year.
As the holiday period progresses, reduced participation could continue to amplify fluctuations, but positive shifts in macroeconomic data or policy signals might provide relief.
DISCOVER: 9+ Best Memecoin to Buy in 2025
Next Crypto to Explode: Outperformers in the Current Dip – PIPPIN Hits A New ATH
While the overall market declines with Bitcoin falling below $86K, select altcoins demonstrate resilience and upward potential, marking them as options for the next crypto to explode.
Pippin
0.40%
Pippin
PIPPIN
Price
$0.0164
0.40% /24h
Volume in 24h
$2.98M
Price 7d
Learn more
stands out with positive price action, gaining over 13% in the last 24 hours and reaching a new all-time high near $0.46 even as bearish conditions persist. This AI-related meme token maintains elevated trading volume above $70 million.
Even during market downturns, stories of overnight riches continue to emerge.
Trader BxNU5a turned $180K into $3.6M in less than 2 months, a 20x return.
He spent $180K to buy 8.16M $pippin on Oct 24 and is still holding — now valued at $3.6M.https://t.co/cXwqW7fr9y pic.twitter.com/sIz9Ni3HSu
— Lookonchain (@lookonchain) December 16, 2025
At the same time, privacy coins gain more attention as traders turn to assets less affected by volatility and regulatory developments.
Monero
1.10%
Monero
XMR
Price
$329.94
1.10% /24h
Volume in 24h
$148.17M
Price 7d
Learn more
performs strongly, staying near $410 with limited losses relative to leading crypto—supporting its role as a stable choice during market stress.
With increasing interest in privacy features due to traceability issues in major assets, projects like XMR may drive gains once conditions improve. These examples point to potential for significant increases as capital moves from dominant coins.
Stay tuned for the latest crypto news.
Prediction markets continue to gain traction within the crypto ecosystem, with many investors looking to the best prediction market crypto for long-term growth opportunities. These platforms allow trading on outcomes of real-world events, from politics to entertainment, using blockchain for open and transparent participation. Polymarket stands out as a leader, processing massive volumes and often providing more accurate insights than traditional sources. https://twitter.com/0xnairolf/status/2000847104525394057?s=6 Recent developments point strongly to Polymarket issuing its own token. The platform’s chief marketing officer has confirmed plans for a utility-focused POLY token, including governance features, fee reductions, and user rewards. An airdrop is also expected to recognize early contributors. This move aligns with Polymarket’s push to re-enter the U.S. market fully, supported by regulatory progress and substantial funding. A launch in 2026 appears likely, following the pattern of other successful decentralized platforms. DISCOVER: 10+ Next Crypto to 100X In 2025 Do Kwon, founder of the now-infamous Terraform Labs and its LUNA crypto token and the UST stablecoin, has been sentenced to 15 years in prison in the US, and news is beginning to spread that a second sentence could await him in his homeland, South Korea. The disgraced rich kid caused an estimated $40Bn in investor losses due to the unwinding of the UST stablecoin and the subsequent 99% drop in the LUNA token’s value. President Trump spoke just yesterday about the case of Keonne Rodriguez and William Lonergan Hill, the Samourai privacy wallet creators who were charged by the Department of Justice, saying he will be “looking into it”. This comes off the back of multiple crypto-related pardons from the President, which have seen Binance founder CZ walk free and Silk Road founder Ross Ulbricht pardoned earlier this year. If Do Kwon returns with a conditional pardon from Trump 🇺🇸 — compensation for victims 💰, system rebuilding 🛠️, and reviving the Terra vision 🔥 — don't be surprised if you witness the greatest comeback in cryptocurrency history 🚀. Luna didn't fall… it was preparing for a rebir pic.twitter.com/0sfjjFaWFv — Phantom👻 Whale 🐋🌊💎 (@MouhieddinA) December 12, 2025 The latest Bitcoin sell-off has once again reminded investors how tightly traditional equities tied to crypto can move with the BTC price. As Bitcoin crypto retraced from recent highs, Strategy shares followed almost tick for tick, wiping out weeks of gains in just days. With BTC failing to hold key resistance levels and seasonal weakness approaching, traders are now asking a familiar but uncomfortable question. How low can Bitcoin go this time, and what does it mean for Strategy shares heading into year-end? From a technical perspective, the current move in Bitcoin price is far from unusual. On the 4-hour timeframe, BTC was rejected at the key resistance level defined by the 200 EMA and SMA. That retest occurred near the $94K region, where sellers stepped in aggressively and rejected a price lower. The Ethereum price has dropped -6.5% overnight, falling back under $3,000, and looks set to close a disastrous 2025. ETH USD began the year at $3,900 but dropped below $1,500 by April before a brief rally brought a new all-time high of $4,900 in August. That move was short-lived, and Ethereum is now trading -40% below those highs, with many in the community worried that another test of $2,000 is coming. To add further misery for ETH holders, Ripple has announced it will expand RLUSD, its billion-dollar stablecoin, to Ethereum Layer-2 networks. A major whale has fully exited AI agent tokens on Base, turning a $23 million investment into just $2.58 million. The forced sell-off locked in a staggering $20.43 million loss, nearly 89%, with severe drawdowns across FAI, AIXBT, BOTTO, POLY, NFTXBT, and MAICRO. This might be one of the worst investments ever. A whale/institution spent $23M buying AI agent tokens on #Base and sold everything today for only $2.58M, resulting in a $20.43M(−88.77%) loss. Breakdown:$FAI: −$9.87M(−92.31%)$AIXBT: −$7.81M(−83.74%)$BOTTO:… pic.twitter.com/DbEqIyD6xT — Lookonchain (@lookonchain) December 16, 2025 MetaMask, the well-known and probably most widely used EVM wallet, has taken another step toward becoming an all-in-one wallet after rolling out native Bitcoin support, effectively transforming the product into a MetaMask Omnichain setup. MetaMask users can now manage Bitcoin next to Ethereum and Solana assets without jumping between apps or relying on third-party bridges. The update lets users buy BTC with fiat USD, move it around on-chain, and swap across networks directly within the app. BITCOIN HAS ENTERED THE CHAT MetaMask now supports BTC. 🟠 pic.twitter.com/S6ZdDStnct — MetaMask.eth 🦊 (@MetaMask) December 15, 2025 The timing, though, was just when a probable bear hit. BTC USD has just dropped below $90,000, but markets are already looking ahead to a busy stretch of US economic data that will likely shake things loose. Providing us with space to predict what comes next for BTC USD. Nonfarm payrolls, unemployment data, and flash PMI figures are all due soon, and expectations are cooling. November payroll growth is projected at roughly 40,000 jobs, well below September’s 119,000. Unemployment is expected to hold at 4.4%, while recent PMI readings have slipped slightly as momentum slows down. The PMI (purchasing managers index) is one of the cleanest reads on the business cycle, above 50 is expansion, below 50 is contraction. We’ve now been contracting for 9 consecutive months, signalling that the real economy has been cooling for nearly a year. Historically, long… — BabyKaius (@KaiusCoin_Team) December 11, 2025 Will Polymarket Launch a Coin? Best Prediction Market Crypto to Buy For 2026?
Life Sours For Terra’s Do Kwon: Will Disgraced Crypto Kid Face Second Sentence Or Trump Crypto Pardon?
Saylor’s MSTR Stock Hammered By Bitcoin Sell-Off: How Low Can Bitcoin Go?
Bitcoin Technicals Signal Deeper Pullback Risk
(Source – TradingView)Ripple Has Crosshairs on Ethereum Market: Will XRP Kill Ethereum Price After Worst ETH Bull Run Ever?
Whales Are Capitulating… One of the Costliest AI Token Bets Yet
MetaMask Goes Omnichain as Key US Market Data Poised to Fire Up BTC USD Price
Why you can trust 99Bitcoins
Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.
Weekly Research
100k+Monthly readers
Expert contributors
2000+Crypto Projects Reviewed
