On December 13, an outlook warned that XRP's $2 support is weakening, opening room for a slide toward $1.20. The token traded at $2.04, up about 0.5% in 24 hours, while price remains below the 50-day SMA at $2.27 and the 200-day SMA at $2.60.

Bitcoin could fall to the low-$80,000 range if it fails to reclaim $92,000, trading analyst Michaël van de Poppe warned. The cryptocurrency traded at $89,411, down 0.5% in 24 hours and 2.2% over the past week. Bitcoin continues to face resistance above $90,000, with limited directional conviction between $86,000 and $92,000.

Total cryptocurrency market capitalization declined from approximately $3.15 trillion to $3.05 trillion within 24 hours, data show. Bitcoin dropped below $90,000 after failing to hold the $94,000–$95,000 range. Nearly $500 million in leveraged positions were liquidated across major exchanges, with more than 140,000 traders affected.

The cryptocurrency market added approximately $200 billion in capitalization over 24 hours, lifting total market cap to $3.08 trillion from $2.88 trillion. Bitcoin contributed roughly $120 billion to the rally, approaching $91,000 in its strongest daily performance since May 2025. Short position liquidations totaling $140 million in one hour accelerated the move, adding over $75 billion to Bitcoin's market value in 10 hours.

BlackRock deposited 1,634 BTC valued at approximately $142.6 million to Coinbase Prime on December 2, data show. The asset manager executed multiple transfers including several 300 BTC batches and one 133 BTC transaction. This follows a December 1 outflow of 729.62 BTC ($113.7 million) from BlackRock's Bitcoin ETF.

Large XRP wallets holding 100 million tokens or more declined by 20.6% over eight weeks, with 569 fewer addresses recorded by December 1, data show. Remaining top-tier holders increased their collective holdings to 48 billion XRP, marking a seven-year high for concentrated ownership on the ledger. The pattern suggests consolidation among major holders rather than distribution.

Strategy (NASDAQ: MSTR) shares dropped 11% to $157, bringing monthly losses to 40%. CEO Phong Le described two scenarios under which the firm might sell Bitcoin holdings, departing from its indefinite-hold stance. The shift prompted investor concerns about the company's cryptocurrency strategy.

Ripple released 1 billion XRP from escrow on December 1, continuing its monthly unlock schedule in place since 2017. The company typically re-locks 70–80% of each release into new escrow contracts, with approximately 200–300 million XRP remaining for liquidity provision and institutional operations.

The cryptocurrency market lost $150 billion in the past 24 hours, with total capitalization declining from $3.10 trillion to $2.95 trillion. Bitcoin fell 5.07% to around $86,709, while Ethereum dropped 5.67% to $2,837. The selloff coincided with Japanese 2-year government bond yields rising above 1% for the first time since 2008, signaling expectations of a Bank of Japan rate increase.