“Bitcoin hovered below $90,000 on Sunday as low liquidity, altcoin weakness and imminent US and global data releases kept traders cautious.”, — write: www.coindesk.com
The largest cryptocurrency was trading around $89,600 as of early afternoon UTC, down about 0.9% in 24 hours, marginally higher on the week and still down roughly 7.6% over the past month. Ether ETH$3,111.98 changed hands near $3,104, down on the day but up more than 2% over the past seven days, outperforming bitcoin on a weekly basis.
Across the broader market, price action remained subdued. Solana, XRP, dogecoin and Cardano’s ADA all fell, and continued to show double-digit losses over the past month, underscoring persistent weakness across major altcoins. The CoinDesk 20 Index (CD20) dropped almost 1%.
The total cryptocurrency market capitalization stood at nearly $3.15 trillion, about 0.8% lower over 24 hours, with trading volumes around $89 billion, reflecting the thin liquidity typical of Sundays. Bitcoin dominance hovered near 57%, highlighting continued concentration in the largest digital asset as investors remain selective.
Some analysts cautioned that bitcoin’s consolidation could turn lower if key technical levels fail. Crypto analyst Ali Martinez said earlier Sunday on X that $86,000 remains an important level for bitcoin to hold, noting that a deeper pullback could come into play if that support gives way.
Markets appear to be pausing ahead of a dense macroeconomic calendar in the coming days. In the US, investors will be watching a series of employment indicators, including the unemployment rate, ADP employment data and weekly jobless claims, alongside November inflation data, December flash PMI readings, and speeches from Federal Reserve Governors Stephen Miran and Christopher J. Waller, for clues on the path of interest rates.
Macro-sensitive traders are also closely monitoring developments in Japan, where the Bank of Japan (BOJ) is widely expected to raise interest rates at its upcoming policy meeting on Thursday. According to a Reuters report published Friday, markets have largely priced in a move that would lift the rate to 0.75% after Governor Kazuo Ueda signaled that inflation has remained above the central bank’s 2% target for more than three years.
While Japanese borrowing costs would remain low by global standards even after such a move, the report noted that the BOJ is likely to emphasize that monetary conditions will remain accommodative and that future rate increases will depend on how the economy responds to each increase. Still, expectations of tighter policy have drawn attention to the potential impact on yen-funded carry trades, a source of liquidity that has supported global risk assets, including cryptocurrencies.
For now, crypto markets remain range-bound, with subdued volumes and limited conviction as traders await clearer signals from upcoming US data and central bank decisions.
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence’s Token Security API averaged 717 million monthly calls year-to-date in 2025, with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch, the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B, while derivatives volume peaked the same month at over $4B.
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Spot trading volumes are cooling, and investor enthusiasm is fading amid a lack of structural growth drivers, analysts wrote in a new report.
- Barclays forecasts lower crypto trading volumes in 2026, with no clear catalysts to revive market activity.
- Spot market slowdowns pose revenue challenges for retail-focused platforms like Coinbase and Robinhood, the bank said.
- Regulatory clarity, including pending market structure legislation, could shape long-term market growth despite near-term headwinds.
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