Bitcoin, ether plunge in Q4 as December ‘Santa rally’ fizzles — FOMC minutes signal “higher for longer” rates, pressuring crypto; Chiliz and Canton post selective altcoin breakouts

Major cryptocurrencies were largely flat with light year‑end volumes: Bitcoin +0.8% (~$88,040), Ethereum +1% (~$2,966). Total crypto market cap ≈ $3.07T and 24‑hour volume ~$98.8B. Token winners included Canton (CC), LEO and Aptos; Toncoin, Internet Computer and Mantle lagged. Total 24‑hour liquidations were ~$143.06M. Bitcoin and Ethereum spot ETFs logged modest net outflows (~$19.3M and ~$9.6M), while XRP and Solana ETFs saw inflows (~$8.4M and $2.9M). Markets also processed split Fed minutes on future rate cuts; the Crypto Fear & Greed Index remains in “extreme fear.”
AI Analysis
Price action mostly flat with small BTC/ETH gains but low volume and net ETF outflows for BTC/ETH; notable 24‑hour liquidations (~$143.06M), inflows only to XRP/SOL ETFs, and split Fed minutes increase uncertainty while Fear & Greed stays in “extreme fear.” These facts point to slightly bearish sentiment but low immediate trade impetus.
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