Crypto Prices Today, December 3, 2025: Bitcoin Back Above $93K as Ethereum’s Fusaka Upgrade and ETF Flows Power a Broad Crypto Rally

All figures in this article are approximate and based on data and reporting available on December 3, 2025.

Global Crypto Market Snapshot: A Big Green Day, But Sentiment Still “Fear”

After a bruising sell‑off last week, the crypto market has snapped back sharply. Across major data providers, total crypto market capitalization has rebounded to roughly $3.1–3.2 trillion, up about 7–8% in the last 24 hours. ^[1]

Headline numbers as of Wednesday, December 3, 2025:

Bitcoin (BTC) – around $93,000, up ~7–8% on the day
Ethereum (ETH) – around $3,050–3,070, up roughly 9–10%
BNB (BNB) – in the $895–900 range
Solana (SOL) – about $141–142, after a double‑digit daily jump
XRP (XRP) – around $2.18–2.20
Dogecoin (DOGE) – near $0.15, up around 10–11% in 24 hours TechStock²+1

Breadth is strong: 95 of the top 100 coins are in the green today, with more than 20 posting double‑digit gains. Sui (SUI) has surged around 30% to roughly $1.75, and Chainlink (LINK) has gained close to 20% into the mid‑$14 range. ^[2]

Yet sentiment is far from euphoric. The Crypto Fear & Greed Index has climbed out of “extreme fear” but still sits in the low‑20s, squarely in “fear” territory – a sign that many traders still don’t trust this rally. ^[3]

Why Is Crypto Up Today? Three Big Drivers

Across today’s coverage, three themes keep coming up in explanations of the rally:

Institutional ETF tailwinds – especially Vanguard’s U‑turn
Macro hopes – Fed liquidity and looming rate‑cut expectations
Regulatory clarity – new laws and ETF approvals instead of pure crackdowns

1. Vanguard’s ETF Reversal and the “Vanguard Effect”

The single most‑cited catalyst today is Vanguard’s policy reversal on crypto ETFs.

The $11 trillion asset manager, long known as one of Wall Street’s most crypto‑skeptical giants, is now allowing clients to trade spot Bitcoin, Ethereum, XRP and Solana ETFs and related mutual funds on its brokerage platform. The change opens regulated crypto exposure to more than 50 million Vanguard customers. ^[4]

Analysts say this is already showing up in flows:

US spot Bitcoin ETFs saw about $58.5 million in net inflows on Tuesday, their fifth straight positive day.
Ethereum ETFs had a softer session with roughly $9.9 million in net outflows, but still sit on around $12.9 billion in cumulative net inflows. ^[5]

On top of that, Bank of America has reportedly allowed more than 15,000 wealth advisers to recommend Bitcoin ETFs and research suggesting a 1–4% portfolio allocation to crypto for some clients – a move one analyst says could theoretically unlock hundreds of billions of dollars of new potential demand over time. ^[6]

Put together, today looks like another step in the long-running story of crypto going mainstream in traditional portfolios.

2. Macro Tailwinds: Fed Liquidity and Rate‑Cut Odds

The rally isn’t just about ETFs. Macro is helping too.

Analysts cited by regional outlets say the Federal Reserve has effectively halted quantitative tightening and injected roughly $13.5 billion via short‑term funding operations, adding liquidity that often supports risk assets like tech stocks and crypto. TechStock²
Prediction markets such as Polymarket put the chance of a US rate cut on December 10 at close to 90%, a big jump from late November. TechStock²+1

At the same time, traders are watching developments at the Bank of Japan and broader global growth data, but for today the dominant narrative is that liquidity is improving and the Fed is edging closer to easing, giving risk‑on trades a fresh excuse to run. TechStock²+1

3. Regulatory Clarity: From UK Property Law to Altcoin ETFs

Even on the regulatory front, headlines are more about structure than sudden bans:

In the UK, a new Property (Digital Assets etc) Act has received royal assent, formally recognizing crypto and stablecoins as a distinct category of personal property and giving courts clearer guidance on issues like collateral and recovery after fraud. TechStock²+1
A separate regulations roundup notes that the US SEC recently approved spot altcoin ETFs for tokens such as Solana, XRP, Litecoin and Hedera Hashgraph, with Solana ETFs accumulating more than $600 million in inflows and XRP ETFs about $660 million to date. ^[7]
The UK’s FCA has opened a stablecoin‑focused sandbox for innovators, and Swiss authorities are consulting on new stablecoin rules – both steps toward more formalized oversight. ^[8]

That doesn’t mean regulatory risk has vanished. But compared with earlier cycles, large investors now see growing legal frameworks instead of pure uncertainty – which tends to support capital allocation into the space.

Bitcoin Price Today: $93K, ETF Flows and Key BTC Levels

Price Action and Volatility

Bitcoin is the clear headline today. Across major data providers and news desks, BTC is trading just above $93,000, up around 7–8% in 24 hours after plunging below $84,000 during last week’s washout. ^[9]

Key intraday stats flagged in today’s market coverage:

24‑hour low / high: roughly $86,400 – $93,900
Market cap: around $1.8–1.9 trillion
24‑hour liquidations: down to roughly $480 million, far lower than the billion‑plus wiped out during the worst of the sell‑off
Open interest: back above $130 billion, signaling traders are adding risk rather than fleeing. TechStock²+1

Bloomberg describes this as a move to a two‑week high in what is still a fragile recovery, underscoring how quickly sentiment could flip again if macro or ETF flows disappoint. ^[10]

Technical Picture: Support, Resistance and Short‑Term Targets

Fresh technical analyses published today broadly agree on a handful of levels:

Immediate support: around $91,000, with a broader floor near $89,000
Deeper support: the $85,000 region, with the recent cycle low just above $80,500
Key resistance: roughly $94,000–95,400, where Fibonacci levels and major moving averages cluster
Breakout zone: holds above about $98,000–102,000 could open room toward $108,000+ in some models. TechStock²+1

Economies.com notes that Bitcoin is still trying to “relieve overbought conditions” on momentum indicators while holding above its 50‑day SMA, framing today’s move as part of a broader attempt to flip the mid‑$90Ks from resistance into support. ^[11]

BTC Forecasts: 2025–2026 Outlook From Today’s Reports

Forecast pieces released today and in the last 24 hours lean bullish but cautious:

A CoinCentral note argues that if the “Vanguard effect” keeps spot ETF inflows positive, a retest of $100,000 this cycle is plausible – but only if BTC can decisively clear the mid‑$90K resistance band without another macro shock. TechStock²
Other analyses referenced in today’s roundups see new all‑time highs in 2026 as likely, helped by ETF demand and a gradually maturing volatility profile, even if the path is choppy. TechStock²+1
A detailed Bitcoin price prediction from CoinDCX, also dated December 3, outlines a scenario in which BTC could grind into the $110,000–125,000 range by late 2025 if ETF buying resumes and macro conditions remain supportive, with more aggressive upside possibilities into the $130,000–140,000 area. ^[12]

Even in the most optimistic notes, authors stress the same caveat: short‑term swings could be brutal, especially if rate‑cut odds fade or ETF flows reverse.

Ethereum Price Today: Fusaka Upgrade and the ETH Narrative

ETH Reclaims $3K on Upgrade Hype

If Bitcoin has the ETF story, Ethereum has the tech story today.

ETH is trading a little above $3,000, around $3,050–3,070, up roughly 9–10% in 24 hours and comfortably back over what many traders see as a key psychological level. TechStock²+1

Today’s Ethereum‑specific headlines focus on the long‑awaited Fusaka hard fork, which is scheduled to activate around December 3 depending on time zone.

What Fusaka Changes on Ethereum

Across Crypto.news, 99Bitcoins and other technical explainers, Fusaka is described as Ethereum’s second major network upgrade of 2025, with a strong focus on scalability and data availability rather than tokenomics. Key points: TechStock²+2crypto.news+2

Fusaka merges the previously separate Fulu (execution layer) and Osaka (consensus layer) proposals.
It introduces PeerDAS, a more efficient data‑availability scheme that could cut validator data load by roughly 80–85%, making it cheaper to run nodes.
The upgrade is designed to increase “blob” throughput – the data packets used by rollups – beyond the previous cap of six per block, with further increases expected later in December.
Analysts expect Layer‑2 transaction fees to fall by 40–60% on networks such as Arbitrum and Optimism if things work as planned.

In plain terms, Fusaka is about making Ethereum more scalable and cheaper for rollups rather than changing issuance or the proof‑of‑stake model.

ETH Forecasts After Fusaka

Today’s ETH forecasts are notably upbeat:

A CoinCentral analysis highlighted in market roundups argues that if Fusaka meaningfully boosts Layer‑2 activityand supports Ethereum’s share of total crypto market cap, a retest of the $4,800 all‑time high into 2026 looks realistic. TechStock²
Research from CoinDCX projects that ETH could trade around $3,900–4,000 by late December 2025, assuming continued institutional interest and successful execution of upgrades. ^[13]
A longer‑horizon model from Changelly places Ethereum’s average 2025 price above $6,000, with bullish scenarios extending above $7,000, and a multi‑year path that has ETH in five‑figure territory later in the decade if adoption and staking remain strong. ^[14]

None of these are guarantees, of course. But the consensus takeaway from today’s ETH coverage is that Fusaka is a net positive catalyst, and the fact that the upgrade is being treated as a buying opportunity – rather than a “sell the news” event – is itself notable.

Altcoin Prices Today: SUI, LINK, Solana, XRP, Meme Coins and ONDO

Top Movers in the Last 24 Hours

Beyond BTC and ETH, a group of altcoins is stealing the spotlight:

Solana (SOL) – Around $141, up more than 12% in the last day and one of the strongest performers among the majors. ^[15]
Sui (SUI) – Roughly $1.73–1.75, up about 29–31%, currently the top gainer in many top‑100 rankings. ^[16]
Chainlink (LINK) – Trading near $14–15, with gains around 16–20% on the day, helped by the launch of a Grayscale Chainlink ETF (GLNK) on NYSE Arca. TechStock²
Pudgy Penguins (PENGU) – Around $0.012, up roughly 26%.
Hyperliquid (HYPE) – In the mid‑$30s, up around 9–10%, as liquidity on its derivatives‑focused Layer‑2 continues to improve. TechStock²+1

At the same time, an AInvest commentary highlighted today warns that many altcoins are still lagging: Bitcoin dominance is just under 60%, and an Altcoin Season Index reading around the mid‑20s suggests that this is not yet a full‑blown “altseason.” TechStock²+1

The message from analysts is simple: today’s winners look great, but the broad altcoin complex remains fragile, and selectivity is crucial.

Santa Rally Watch: SOL, XRP and ONDO

A separate December 3 note from CoinDCX singles out Solana (SOL), XRP and ONDO as three blue‑chip names to watch for a potential Christmas “Santa rally.” ^[17]

For Solana, the case rests on approved Solana ETFs, strong Q4 seasonality and price action that has held above key moving averages.
For XRP, analysts point to ETF inflows and reduced legal uncertainty after Ripple’s earlier SEC settlement.
ONDO, positioned as a leading real‑world‑asset (RWA) token, is seen as a dark horse beneficiary of the 2025 tokenized‑treasury narrative.

Again, these are scenarios, not certainties – but they show where traders hunting for relative strength are currently looking.

Regulation, Infrastructure and the Institutional “Plumbing” Story

Today’s crypto news cycle isn’t just about price candles.

Altcoin ETFs: As noted, SEC approval of spot ETFs tied to Solana, XRP, Litecoin and Hedera in November has opened new doors for institutional money, with hundreds of millions of dollars already flowing into some products. ^[18]
Bitcoin “VIX”: CME Group has rolled out a Bitcoin Volatility Index and new reference rates for BTC, ETH, SOL and XRP, giving institutions standardized volatility benchmarks similar to the equity market’s VIX. TechStock²
Stablecoin regulation: The UK’s FCA is running a stablecoin sandbox, Switzerland is consulting on a new license category for fintech and crypto intermediaries, and US policymakers are pushing acts like the GENIUS Act, all pointing toward more structured stablecoin markets. ^[19]
Wallet security: On the infrastructure side, MetaMask has launched a paid “Transaction Shield” subscription that promises up to $10,000 in reimbursements in certain hack or scam scenarios – an example of wallet providers leaning into user‑protection features as capital returns to the space. ^[20]

These developments reinforce a bigger theme running through today’s coverage: crypto is increasingly wired into traditional financial plumbing, with ETFs, indices, regulated custodians and legal definitions all expanding in parallel.

What Today’s Forecasts Say About 2025–2026

Pulling together today’s forecasts, research notes and interviews, a rough consensus emerges:

Bitcoin (BTC)

Short term (weeks): Analysts are watching the $90K–95K range closely. Holding above $89K–91K is seen as constructive, while a break below $85K would rekindle crash fears. TechStock²+1
Rest of 2025: Scenarios cluster around a wide band between $90K and $125K. Base‑case notes talk about consolidation above $90K with spikes to six‑figure levels if ETF inflows stay strong and macro cooperates. More bullish houses see room for a push into the $110K–140K zone. TechStock²+1
2026: Many cycle‑based models expect new all‑time highs sometime in 2026, with some speculative pieces even exploring extremes like $175K in aggressive bull cases – though these are clearly labelled as high‑risk scenarios. TechStock²+1

Ethereum (ETH)

Short term: Staying above $3,000 after Fusaka is widely seen as a confidence signal. Near‑term resistance zones lie around $3,150–3,230, with room toward $3,500 if momentum persists. ^[21]
Rest of 2025: Near‑dated research suggests ETH could grind into the high‑$3,000s or low‑$4,000s by year‑end if upgrade benefits and institutional inflows materialize. ^[22]
2026 and beyond: Multi‑year projections from research outfits like Changelly and others place ETH in the $7,000–10,000+ region later this decade in their bullish cases, assuming continued dominance in DeFi, rollups and tokenization. ^[23]

Altcoins

Solana, XRP, LINK, SUI and ONDO are the names most frequently mentioned today as leaders of this bounce – thanks to ETF interest, RWA narratives, and strong technical setups. TechStock²+1
At the same time, commentary from AInvest and others notes that altcoin ETFs face a “double bind”: regulatory progress on one hand, and lingering volatility and classification uncertainty on the other, with over 150 crypto ETP filings still in limbo heading into 2026. ^[24]

The overarching theme: analysts are constructive for 2025–2026, but almost universally warn that volatility and policy risk remain high.

How Traders Are Reading the Rally (Without Full‑Blown FOMO)

Across today’s roundups, podcasts and analyst quotes, a few practical takeaways appear again and again:

“Majors first” – Many professionals recommend that if you have any crypto exposure at all, the bulk of it should still be in BTC and ETH, with altcoins treated as higher‑risk side bets. TechStock²+1
Respect the big levels – For now, the market is obsessed with the $90K–95K band on BTC and the $3,000 line on ETH. Price behavior around those thresholds in the coming days could shape sentiment heading into mid‑December’s central‑bank meetings. TechStock²+1
Volatility isn’t going anywhere – The launch of a Bitcoin Volatility Index is a reminder that big swings are a feature, not a bug, and even the most bullish research notes today include strong disclaimers. TechStock²

For anyone trading or investing off today’s moves, the consistent message from analysts is to match position size and time horizon to your true risk tolerance, not to the optimism of a single green day.

Disclaimer

This article summarizes publicly available market data, news and analyst commentary from December 3, 2025. It is for informational purposes only and does not constitute financial, investment or trading advice. Crypto assets are highly volatile and you can lose all of your capital. Always do your own research and consider consulting a licensed financial adviser before making investment decisions.