- Market Commentary: Bitcoin continues to fluctuate within a corrective structure, narrowing toward a key supply–demand range after multiple failed attempts to break higher. The $79,000–$82,000 demand zone remains the most important support area. Ethereum is attempting a short-term recovery but remains constrained by a descending trendline that has capped every rally since early October. Altcoins were mixed: XRP -0.14%, SOL -0.49%, ADA +2.06%.
- Top Movers: Terra’s latest upgrade resolved key security vulnerabilities, pushing LUNA up 19% in the past 24 hours. FHE surged 16% on strong signals of a technical breakthrough. POWER jumped 35% in the past 24 hours, driven by its token listing and airdrop catalyst.
- Alpha Insights: The CFTC launched a digital asset collateral pilot program, allowing Bitcoin, Ethereum, and USDC to be used as margin in derivatives markets. Meanwhile, congressional negotiations on a comprehensive crypto market structure bill remain stalled due to disagreements over cross-agency regulatory boundaries. BMNR announced total assets reaching $13.2 billion, having accumulated 138,452 ETH last week, signaling strong long-term bullish conviction.
Discover more details today → CFTC Launches Digital Asset Collateral Pilot Program | BMNR Announces Total Assets Reaching $13.2 Billion
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Gate Team
December 9, 2025
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