Bitcoin bulls pushed near the $100K mark, peaking at $99,963 before retreating below $99,000. December gains stand at 2%, but higher levels face selling pressure. Despite sharp volatility, Bitcoin derivatives remain neutral-to-bullish, signaling steady sentiment. Its 64% correlation with the S&P 500 ties its fate to broader economic concerns. Ether ETFs saw $2.5B inflows despite a 10% price dip and resistance at $3,500. Institutions like VanEck predict a $6,000 peak by 2025, underscoring long-term confidence. The US Federal Reserve anticipates only two rate cuts in 2025, easing short-term fears for corporate earnings. Meanwhile, Turkey tightens crypto oversight, requiring ID verification for transactions above $425. Crypto markets balance optimism and caution, with macro risks and key resistance levels in focus.
