Bitcoin is trading around the 0.382 Fibonacci retracement level that traders say is pivotal to preserving its broader uptrend. A decisive breakdown could open the way to April’s low near $76,000. Over the weekend, BTC briefly fell below $88,000 during a leverage washout before rebounding above $91,500. Markets are now focused on the upcoming Fed meeting and U.S. macro data, while on-chain metrics hint at underlying buyer interest.

On 8 December 2025, Binance founder Changpeng Zhao stated that a secure hardware wallet should never allow a private key to leave the device under any circumstances. He argued that making keys exportable undermines the fundamental purpose of self-custody, especially as more users move to non-custodial solutions in the current market cycle. His remarks, made in line with long-standing guidance from security practitioners, emphasized strict on-device key isolation as essential for protecting digital assets.

Bitcoin is approaching the FOMC decision with weak liquidity, fragile leverage and mounting miner stress. On-chain gauges signal short-term capitulation amid range-bound global liquidity. Several key U.S. data releases could spark volatility before the policy update. Whether sidelined cash rotates into risk assets may determine if price can reclaim key levels.

EMJ Capital CEO Eric Jackson has laid out a long-term scenario in which Bitcoin’s price could climb to $50 million per coin by 2041, tying the projection to his view that it will evolve into a core collateral asset for the global financial system. Drawing on the same "hundred bagger" framework he previously applied to distressed stocks such as Carvana, he argues that Bitcoin’s digital, programmable and apolitical design could eventually support sovereign borrowing. He contends that if Bitcoin came to underpin the sovereign debt market, its price would need to trade far above its current level of $91,574.

On December 6, 2025, Ethereum co-founder Vitalik Buterin outlined on X a trustless, onchain gas futures market to let users lock in transaction fees for future periods. The design mirrors traditional futures and would allow heavy network users, traders, and developers to hedge against fee spikes. It aims to give participants more certainty when planning costs.

Bitcoin’s composite Bull-index is around 23%, while the fast version has slipped to 18%, forming a FAST < SLOW divergence that has historically preceded corrections or sideways phases. The current -5.28 point gap is moderate, but it is the first warning this month and aligns with a tactically fragile setup ahead of the December 9–10 Fed meeting and the December 10 rate decision. With futures implying an 85% chance of a 25 bps cut to the 3.50–3.75% range, keeping baseline long exposure while avoiding added risk is framed as prudent amid fading short-term momentum.

In the first half of 2025, more than 100 listed firms that shifted to crypto-focused treasuries and borrowed heavily to buy tokens have seen their shares fall a median 43% year-to-date, Bloomberg data show. These digital asset treasury stocks have trailed Bitcoin and major U.S. benchmarks as debt-funded purchases of non-yielding crypto assets add structural and liquidity risks. Companies such as Strategy, Inc. and SharpLink Gaming underscore the volatility, with sharp early rallies followed by steep drawdowns.

U.S. federal prosecutors have asked for a 12-year prison sentence for Terraform Labs co-founder Do Kwon over the $40 billion TerraUSD collapse that roiled crypto markets. Kwon has admitted to conspiring to defraud cryptocurrency purchasers, making false statements about efforts to restore TerraUSD’s peg, and concealing Jump Trading’s covert support during a 2021 depeg. He is scheduled to be sentenced on December 11, while his legal team is seeking a five-year term. The defense cites almost three years of harsh detention in Montenegro and a parallel 40-year sentencing request in South Korea as grounds for leniency.