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Bitcoin miners added 2,417 BTC to reserves between Nov. 23 and Dec. 4, reducing circulating supply and easing sell pressure as price consolidates above $90,000.
Ethereum broke above $3,000 following the Fusaka upgrade’s successful deployment of PeerDAS, marking progress toward long-anticipated sharding capabilities.
Shiba Inu rallied 8% following the team’s official response to the Shibarium bridge hack that saw attackers launder $2.4 million through Tornado Cash.
Bitcoin Cash leads the crypto market with a 24% surge, driven by trader rotation from Zcash and anticipation of Grayscale’s spot ETF approval.
SUI rallied 21% following Coinbase’s New York listing approval, defying bearish pressure from its $86.86 million token unlock and outperforming rival altcoins.
Bank of America recommends clients allocate up to 4% in cryptocurrency following Bitcoin’s recovery to $90,000 after November volatility.
Hedera rallied 6.5% following Vanguard’s confirmation of its first HBAR ETF launch, marking institutional validation after Canary Capital’s approval drove $80.26M in inflows.
BNB faces mounting pressure as it trades below $810 with leveraged shorts dominating at $228 million versus just $60 million in longs, while a critical support cluster at $805 holds over 33% of bullish exposure.
Solana declined 9% to $123 on December 1, extending November’s 30% drawdown despite attracting $101.7 million in institutional inflows, significantly trailing XRP’s $785 million.
Ethereum’s price closed November down 21%, but derivatives market positioning and renewed whale demand hint at a positive start to December.