Bitcoin recovered to $109,780 after Powell’s hawkish tone sent it briefly to $107,000. Ethereum and BNB remained range-bound, while Solana dipped 3% to $186. Total crypto market cap remains stable at $3.7 trillion despite weak U.S. ETF flows.
Bitcoin ETFs saw $488 million in outflows; Ethereum ETFs lost $184 million. Solana ETFs bucked the trend, posting $37.33 million in inflows, its third straight day of gains.
President Trump’s meeting with President Xi yielded trade, energy, and fentanyl agreements.
U.S. GDP data delayed to December due to government shutdown; Coinbase adds $299 million in BTC holdings.
Bitcoin sits out the Santa Rally as losses mount on-chain, whales shuffle billions, and a heavy supply overhang threatens any push back toward $100,000.