The crypto market saw a broad correction today, with Bitcoin slipping below $88,000 and altcoins like Audiera and WIF posting sharp losses. Ethereum hovered near $3,000 after a 1.5% drop, while the NFT sector led declines with over 9% losses across top collections. The crypto market plunged $58 billion today. The total market cap is down to $2.91 trillion. BTC dragged altcoins like Midnight (NIGHT) down by a whopping 28% in the last 24 hours.
Despite everything, VanEck, issued a rather optimistic forecast for 2026. But 2025 was not all bad. According to a Financial Times report, a record $8.6 billion worth of crypto deals were struck in 2025. PitchBook data suggests that 267 crypto deals were struck this year. This marks an 18% rise compared to 2024. “It’s been the busiest year for us in crypto deals by a mile,” said Charles Kerrigan, partner at law firm CMS. Furthermore, in 2026 the number of crypto deals are expected to go up.
“Traditional financial players realise this asset class is here to stay,” said Diego Ballon Ossio, partner at Clifford Chance. “And they need to get their business into that so they just need to acquire.”
Explore: Bitcoin Pattern Suggests 2026 Is Likely “A Consolidation Year,” Says VanEck 2026 Predictions Report
US Spot Bitcoin and Ethereum ETFs saw net outflows yesterday ahead of the holiday season.
US spot Bitcoin and Ethereum ETFs yesterday ahead of the holiday season. Spot Bitcoin ETFs reported $188.6 million in net outflows yesterday and nearly $500 million in a week’s time. This outflow is led by BlackRock’sIBIT with $157.3 million in withdrawals, according to SoSoValue data.
Meanwhile, spot Ethereum ETFs reported $95.5 million in net outflows.
ETF FLOWS: On December 23.#BTC ETFs saw $-188,63M in net outflow.#ETH ETFs saw $-95,52M in net outflow.#XRP ETFs saw $8,18M in net inflow.#SOL ETFs saw $4,19M in net inflow. pic.twitter.com/6VI3fK7TTP
— mracrypto (@MRACRYPTO_) December 24, 2025
Vincent Liu, CIO of Kronos Research, said the outflows from BTC and ETH ETFs reflect year-end mechanics rather than a shift in investor conviction, with thin liquidity, portfolio rebalancing, and profit-taking driving the moves.
Glassnode said, “This persistence suggests a phase of muted participation and partial disengagement from institutional allocators, reinforcing the broader liquidity contraction across the crypto market.”
The Bank of Japan raised rates by 25 basis points. This too contributes to a risk-off sentiment that saw crypto markets extend slides even as equities surged.
US Spot Bitcoin and Ethereum ETFs saw net outflows yesterday ahead of the holiday season.
US spot Bitcoin and Ethereum ETFs yesterday ahead of the holiday season. Spot Bitcoin ETFs reported $188.6 million in net outflows yesterday and nearly $500 million in a week’s time. This outflow is led by BlackRock’sIBIT with $157.3 million in withdrawals, according to SoSoValue data.
Meanwhile, spot Ethereum ETFs reported $95.5 million in net outflows.
ETF FLOWS: On December 23.#BTC ETFs saw $-188,63M in net outflow.#ETH ETFs saw $-95,52M in net outflow.#XRP ETFs saw $8,18M in net inflow.#SOL ETFs saw $4,19M in net inflow. pic.twitter.com/6VI3fK7TTP
— mracrypto (@MRACRYPTO_) December 24, 2025
Vincent Liu, CIO of Kronos Research, said the outflows from BTC and ETH ETFs reflect year-end mechanics rather than a shift in investor conviction, with thin liquidity, portfolio rebalancing, and profit-taking driving the moves.
Glassnode said, “This persistence suggests a phase of muted participation and partial disengagement from institutional allocators, reinforcing the broader liquidity contraction across the crypto market.”
The Bank of Japan raised rates by 25 basis points. This too contributes to a risk-off sentiment that saw crypto markets extend slides even as equities surged.
US Spot Bitcoin and Ethereum ETFs saw net outflows yesterday ahead of the holiday season.
US spot Bitcoin and Ethereum ETFs yesterday ahead of the holiday season. Spot Bitcoin ETFs reported $188.6 million in net outflows yesterday and nearly $500 million in a week’s time. This outflow is led by BlackRock’sIBIT with $157.3 million in withdrawals, according to SoSoValue data.
Meanwhile, spot Ethereum ETFs reported $95.5 million in net outflows.
ETF FLOWS: On December 23.#BTC ETFs saw $-188,63M in net outflow.#ETH ETFs saw $-95,52M in net outflow.#XRP ETFs saw $8,18M in net inflow.#SOL ETFs saw $4,19M in net inflow. pic.twitter.com/6VI3fK7TTP
— mracrypto (@MRACRYPTO_) December 24, 2025
Vincent Liu, CIO of Kronos Research, said the outflows from BTC and ETH ETFs reflect year-end mechanics rather than a shift in investor conviction, with thin liquidity, portfolio rebalancing, and profit-taking driving the moves.
Glassnode said, “This persistence suggests a phase of muted participation and partial disengagement from institutional allocators, reinforcing the broader liquidity contraction across the crypto market.”
The Bank of Japan raised rates by 25 basis points. This too contributes to a risk-off sentiment that saw crypto markets extend slides even as equities surged.
Bitcoin Slips Below $88k
The crypto market saw a broad correction today, with Bitcoin slipping below $88,000 and altcoins like Audiera and WIF posting sharp losses. Ethereum hovered near $3,000 after a 1.5% drop, while the NFT sector led declines with over 9% losses across top collections. The crypto market plunged $58 billion today. The total market cap is down to $2.91 trillion. BTC dragged altcoins like Midnight (NIGHT) down by a whopping 28% in the last 24 hours.
Despite everything, VanEck, issued a rather optimistic forecast for 2026. But 2025 was not all bad. According to a Financial Times report, a record $8.6 billion worth of crypto deals were struck in 2025. PitchBook data suggests that 267 crypto deals were struck this year. This marks an 18% rise compared to 2024. “It’s been the busiest year for us in crypto deals by a mile,” said Charles Kerrigan, partner at law firm CMS. Furthermore, in 2026 the number of crypto deals are expected to go up.
“Traditional financial players realise this asset class is here to stay,” said Diego Ballon Ossio, partner at Clifford Chance. “And they need to get their business into that so they just need to acquire.”
Explore: Bitcoin Pattern Suggests 2026 Is Likely “A Consolidation Year,” Says VanEck 2026 Predictions Report
US Spot Bitcoin and Ethereum ETFs saw net outflows yesterday ahead of the holiday season.
US spot Bitcoin and Ethereum ETFs yesterday ahead of the holiday season. Spot Bitcoin ETFs reported $188.6 million in net outflows yesterday and nearly $500 million in a week’s time. This outflow is led by BlackRock’sIBIT with $157.3 million in withdrawals, according to SoSoValue data.
Meanwhile, spot Ethereum ETFs reported $95.5 million in net outflows.
ETF FLOWS: On December 23.#BTC ETFs saw $-188,63M in net outflow.#ETH ETFs saw $-95,52M in net outflow.#XRP ETFs saw $8,18M in net inflow.#SOL ETFs saw $4,19M in net inflow. pic.twitter.com/6VI3fK7TTP
— mracrypto (@MRACRYPTO_) December 24, 2025
Vincent Liu, CIO of Kronos Research, said the outflows from BTC and ETH ETFs reflect year-end mechanics rather than a shift in investor conviction, with thin liquidity, portfolio rebalancing, and profit-taking driving the moves.
Glassnode said, “This persistence suggests a phase of muted participation and partial disengagement from institutional allocators, reinforcing the broader liquidity contraction across the crypto market.”
The Bank of Japan raised rates by 25 basis points. This too contributes to a risk-off sentiment that saw crypto markets extend slides even as equities surged.
US Spot Bitcoin and Ethereum ETFs saw net outflows yesterday ahead of the holiday season.
US spot Bitcoin and Ethereum ETFs yesterday ahead of the holiday season. Spot Bitcoin ETFs reported $188.6 million in net outflows yesterday and nearly $500 million in a week’s time. This outflow is led by BlackRock’sIBIT with $157.3 million in withdrawals, according to SoSoValue data.
Meanwhile, spot Ethereum ETFs reported $95.5 million in net outflows.
ETF FLOWS: On December 23.#BTC ETFs saw $-188,63M in net outflow.#ETH ETFs saw $-95,52M in net outflow.#XRP ETFs saw $8,18M in net inflow.#SOL ETFs saw $4,19M in net inflow. pic.twitter.com/6VI3fK7TTP
— mracrypto (@MRACRYPTO_) December 24, 2025
Vincent Liu, CIO of Kronos Research, said the outflows from BTC and ETH ETFs reflect year-end mechanics rather than a shift in investor conviction, with thin liquidity, portfolio rebalancing, and profit-taking driving the moves.
Glassnode said, “This persistence suggests a phase of muted participation and partial disengagement from institutional allocators, reinforcing the broader liquidity contraction across the crypto market.”
The Bank of Japan raised rates by 25 basis points. This too contributes to a risk-off sentiment that saw crypto markets extend slides even as equities surged.
US Spot Bitcoin and Ethereum ETFs saw net outflows yesterday ahead of the holiday season.
US spot Bitcoin and Ethereum ETFs yesterday ahead of the holiday season. Spot Bitcoin ETFs reported $188.6 million in net outflows yesterday and nearly $500 million in a week’s time. This outflow is led by BlackRock’sIBIT with $157.3 million in withdrawals, according to SoSoValue data.
Meanwhile, spot Ethereum ETFs reported $95.5 million in net outflows.
ETF FLOWS: On December 23.#BTC ETFs saw $-188,63M in net outflow.#ETH ETFs saw $-95,52M in net outflow.#XRP ETFs saw $8,18M in net inflow.#SOL ETFs saw $4,19M in net inflow. pic.twitter.com/6VI3fK7TTP
— mracrypto (@MRACRYPTO_) December 24, 2025
Vincent Liu, CIO of Kronos Research, said the outflows from BTC and ETH ETFs reflect year-end mechanics rather than a shift in investor conviction, with thin liquidity, portfolio rebalancing, and profit-taking driving the moves.
Glassnode said, “This persistence suggests a phase of muted participation and partial disengagement from institutional allocators, reinforcing the broader liquidity contraction across the crypto market.”
The Bank of Japan raised rates by 25 basis points. This too contributes to a risk-off sentiment that saw crypto markets extend slides even as equities surged.
US Spot Bitcoin and Ethereum ETFs saw net outflows yesterday ahead of the holiday season.
US spot Bitcoin and Ethereum ETFs yesterday ahead of the holiday season. Spot Bitcoin ETFs reported $188.6 million in net outflows yesterday and nearly $500 million in a week’s time. This outflow is led by BlackRock’sIBIT with $157.3 million in withdrawals, according to SoSoValue data.
Meanwhile, spot Ethereum ETFs reported $95.5 million in net outflows.
ETF FLOWS: On December 23.#BTC ETFs saw $-188,63M in net outflow.#ETH ETFs saw $-95,52M in net outflow.#XRP ETFs saw $8,18M in net inflow.#SOL ETFs saw $4,19M in net inflow. pic.twitter.com/6VI3fK7TTP
— mracrypto (@MRACRYPTO_) December 24, 2025
Vincent Liu, CIO of Kronos Research, said the outflows from BTC and ETH ETFs reflect year-end mechanics rather than a shift in investor conviction, with thin liquidity, portfolio rebalancing, and profit-taking driving the moves.
Glassnode said, “This persistence suggests a phase of muted participation and partial disengagement from institutional allocators, reinforcing the broader liquidity contraction across the crypto market.”
The Bank of Japan raised rates by 25 basis points. This too contributes to a risk-off sentiment that saw crypto markets extend slides even as equities surged.
US Spot Bitcoin and Ethereum ETFs saw net outflows yesterday ahead of the holiday season.
US spot Bitcoin and Ethereum ETFs yesterday ahead of the holiday season. Spot Bitcoin ETFs reported $188.6 million in net outflows yesterday and nearly $500 million in a week’s time. This outflow is led by BlackRock’sIBIT with $157.3 million in withdrawals, according to SoSoValue data.
Meanwhile, spot Ethereum ETFs reported $95.5 million in net outflows.
ETF FLOWS: On December 23.#BTC ETFs saw $-188,63M in net outflow.#ETH ETFs saw $-95,52M in net outflow.#XRP ETFs saw $8,18M in net inflow.#SOL ETFs saw $4,19M in net inflow. pic.twitter.com/6VI3fK7TTP
— mracrypto (@MRACRYPTO_) December 24, 2025
Vincent Liu, CIO of Kronos Research, said the outflows from BTC and ETH ETFs reflect year-end mechanics rather than a shift in investor conviction, with thin liquidity, portfolio rebalancing, and profit-taking driving the moves.
Glassnode said, “This persistence suggests a phase of muted participation and partial disengagement from institutional allocators, reinforcing the broader liquidity contraction across the crypto market.”
The Bank of Japan raised rates by 25 basis points. This too contributes to a risk-off sentiment that saw crypto markets extend slides even as equities surged.
US Spot Bitcoin and Ethereum ETFs saw net outflows yesterday ahead of the holiday season.
US spot Bitcoin and Ethereum ETFs yesterday ahead of the holiday season. Spot Bitcoin ETFs reported $188.6 million in net outflows yesterday and nearly $500 million in a week’s time. This outflow is led by BlackRock’sIBIT with $157.3 million in withdrawals, according to SoSoValue data.
Meanwhile, spot Ethereum ETFs reported $95.5 million in net outflows.
ETF FLOWS: On December 23.#BTC ETFs saw $-188,63M in net outflow.#ETH ETFs saw $-95,52M in net outflow.#XRP ETFs saw $8,18M in net inflow.#SOL ETFs saw $4,19M in net inflow. pic.twitter.com/6VI3fK7TTP
— mracrypto (@MRACRYPTO_) December 24, 2025
Vincent Liu, CIO of Kronos Research, said the outflows from BTC and ETH ETFs reflect year-end mechanics rather than a shift in investor conviction, with thin liquidity, portfolio rebalancing, and profit-taking driving the moves.
Glassnode said, “This persistence suggests a phase of muted participation and partial disengagement from institutional allocators, reinforcing the broader liquidity contraction across the crypto market.”
The Bank of Japan raised rates by 25 basis points. This too contributes to a risk-off sentiment that saw crypto markets extend slides even as equities surged.
The post Crypto News Today: Latest Updates for 24 Dec 2025, Bitcoin Slips Below $88k, Drags Altcoins Down appeared first on 99Bitcoins.
