Crypto Spends Another Week Going Nowhere 🤷♂️
Crypto spent most of the week range-bound, failing to extend early strength as traders stayed cautious heading into mid-December 👇
🔴 BTC started the week around 90.69k, briefly touched a low of 88.15k, and ends the week near 90.1k, marking another flat finish despite active intraday swings.
🔴 ETH opened near 3126, slid to about 2941, and finishes at 3068, echoing Bitcoin’s slow drift lower in a tightening range.
🔴 Total market cap sits around $3.05T, marginally higher than last week but showing signs of fatigue as volumes continue to thin ahead of year-end.
What’s moving the market
Market-wide momentum stayed muted after last week’s volatility unwind. Traders cited:
🔤 A lull in ETF flows, with inflows slowing after November’s strong run.
🔤 Profit-taking across large caps as investors balanced risk before upcoming macro data drops.
🔤 U.S. CPI and rate expectations tempering broader risk appetite, keeping equities and crypto mostly sideways.
A few standouts stayed green
🟢 Zcash (ZEC) jumped ~23%, helped by buzz around privacy-layer integrations and renewed interest in privacy narratives as on-chain analytics tighten.
🟢 MemeCore (M) surged ~19%, riding the meme rotation trend and speculative retail energy returning to fringe tokens.
🟢 Mantle (MNT) gained ~19%, supported by ecosystem growth and strong staking participation metrics following its latest governance update.
Crypto ended the week quiet but not complacent. If volatility returns, this low-volume environment could make next week’s moves look much sharper than they should 🌊
Post #123
865

- 👍 3
- 😁 3