Crypto Prices Today (December 5, 2025): Bitcoin Near $91K, Ethereum Around $3.1K as ETF Outflows and Macro Jitters Hit the Market

The crypto market is taking a breather today, December 5, 2025, after several days of gains. Global crypto market capitalization has slipped about 1.1% to roughly $3.23 trillion, with trading volume around $114 billion over the past 24 hours. ^[1]

Bitcoin is stuck in a tight range in the low-$90,000s, Ethereum is holding just above $3,100, and most major altcoins are slightly in the red as traders digest continued ETF outflows, a huge batch of bitcoin options expiry, and an important U.S. inflation print due later today. ^[2]

Below is a detailed, news-style rundown of crypto prices today, plus the latest December 5 forecasts and analyses from across the market.

Crypto market snapshot for December 5, 2025

Overall market

Total crypto market cap: ≈ $3.23 trillion, down about 1.1% on the day.
24h trading volume: ≈ $114 billion.
Breadth: Around 90 of the top 100 coins and 9 of the top 10 are in the red today, signaling a broadly risk-off session. ^[3]

Sector-wise, a live market update notes PayFi tokens leading losses with nearly 4% declines, while CeFi, Layer 1, and DeFi indices are also down between roughly 2% and 4.4%, even as a few outliers like Zcash and Merlin Chain post strong intraday gains. ^[4]

Major coins at a glance
(Prices approximate as of publication; crypto markets are highly volatile.)

Bitcoin (BTC): Around $90,000–$92,000, down roughly 1–2% over 24 hours. Multiple data providers show BTC trading near $91K–$92K earlier in the session and around $90.7K more recently. ^[5]
Ethereum (ETH): Around $3,100–$3,200, off about 1–2% on the day. Some feeds list ETH near $3,17X in morning trade, while others now show it closer to $3,106. ^[6]
BNB (BNB): About $880–$895, down around 2% in the last 24 hours. ^[7]
Solana (SOL): Around $136, roughly 4% lower on the day and testing key moving-average support. ^[8]
XRP (XRP): Near $2.07, down between roughly 3–4% over 24 hours. ^[9]
Dogecoin (DOGE): Trading in the $0.14–$0.15 band, with a ~2.2% daily decline and clear resistance around the mid-$0.15s. ^[10]

Bitcoin price today: range-bound in the low-$90Ks as ETF outflows bite

Sideways price action after a sharp correction

After a sharp sell-off earlier this week that briefly sent Bitcoin from around $91,000 to $85,000, BTC has bounced and is now moving sideways in a narrow band. Live update desks and technical analysts broadly agree that sellers are defending ~$93,000 while buyers step in near $91,000, leaving Bitcoin stuck between these levels. ^[11]

Recent snapshots from major outlets show:

BTC trading around $91,200 in broader macro coverage of U.S. markets. ^[12]
A crypto technical note placing bitcoin near $92,300, consolidating above a downward trendline with supports at $92,600, $91,400, and $90,000, and resistances clustered around $94,000–$96,200. ^[13]
Market wrap coverage describing BTC sliding to roughly $91K as outflows from U.S. spot ETFs deepen investor anxiety. ^[14]

In short: Bitcoin price today is choppy, range-bound, and still digesting last month’s drop from all‑time highs above $120K.

ETF outflows and options expiry

Two big structural forces are front and center in today’s bitcoin narrative:

Spot Bitcoin ETF outflows
- BlackRock’s flagship IBIT ETF has reportedly seen over $2.7 billion in net outflows over the last five weeks, its longest and deepest redemption streak since launch. ^[15]
- A separate daily market summary notes that U.S. spot BTC ETFs collectively saw roughly $195 million in outflows on Thursday, with Ethereum ETFs also losing about $42 million. ^[16]
These outflows suggest some institutional de-risking into year-end, which acts as a headwind for BTC’s attempt to reclaim the higher $90Ks and beyond.
Options expiry and liquidity clusters
- Around $3.4 billion in bitcoin options are expiring today, concentrating liquidity around key strikes and adding to short-term volatility. ^[17]
- Derivatives analysts highlight visible liquidity clusters near $94,500 on the upside and $90,000 on the downside, with some expecting a “sweep” of lower liquidity before any sustained reversal. ^[18]

Key technical levels and near-term outlook

Short-term technical commentary from multiple desks converges on a few important levels: ^[19]

Support:
- Immediate: $91,000–$91,400
- Deeper: $90,000 (described as a “critical” line for bulls to hold)
Resistance:
- Short-term: $93,000–$93,200 (zone that must be reclaimed to break the current downtrend)
- Next upside targets: $94,000–$95,000–$96,200

A daily chart alert from Kitco characterizes this week overall as “decent for the bulls”, reflecting that despite today’s softness, BTC has recovered meaningfully from late-November lows in the low-$80Ks. ^[20]

Meanwhile, JPMorgan is still sticking with a cycle-high target around $170,000, tied to a gold-linked valuation framework, even after the recent drawdown—though this is a long-term, high-uncertainty scenario, not a near-term prediction. ^[21]

Ethereum price today: holding $3.1K with ETFs and on-chain activity in focus

Price snapshot and performance

Ethereum is faring slightly better than Bitcoin on a relative basis:

ETH is trading around $3,100–$3,200, down roughly 1–2% on the day. ^[22]
Historical data show ETH’s daily price near $3,134 for December 5, about 1.9% lower than yesterday and roughly 18% below its level a year ago. ^[23]

Some intraday commentary notes that ETH retested ~$3,227 overnight before pulling back slightly, still holding above key short-term support around $3,110–$3,170. ^[24]

ETF flows and “market bottom” calls

A widely cited analysis today highlights that: ^[25]

Over the past two weeks, spot ETH ETFs have attracted roughly $360 million in inflows, compared with about $120 million for Bitcoin ETFs over the same period.
This has allowed ETH to outperform BTC recently and has led some strategists—like Tom Lee—to suggest the market may have formed a bottom, with the ETH/BTC ratio poised for a breakout.
One technical scenario laid out in that research suggests ETH could rally about 20% toward $3,900 if Bitcoin can stabilize back above roughly $94,000.

Separately, another Ether-focused update notes that a so‑called “shark” wallet cohort (mid-sized large holders) has started accumulating ETH in the $3,100 area, reinforcing the idea that some investors view current prices as an attractive accumulation zone. ^[26]

Technical setup: still constructive, but below major moving averages

Detailed technical work from Darkex and other analysts paints a cautiously bullish picture for ETH: ^[27]

ETH was rejected again at ~$3,227, but buying interest around $3,110–$3,170 has repeatedly stepped in.
Chaikin Money Flow (CMF) remains positive, indicating ongoing capital inflows despite today’s pullback.
RSI bounced after leaving overbought territory, signaling that momentum is cooling but not broken.
ETH continues to trade above its Ichimoku cloud, with key Ichimoku lines still supporting the price—often interpreted as trend still up, but in consolidation.

Key ETH levels highlighted today:

Supports: ~$3,110; then $3,070–$3,020
Resistances: $3,227, then $3,436 and $3,672

Another live desk notes that ETH remains below its 50‑day and 200‑day moving averages (~$3,424 and ~$3,534), so a clean break above those levels is still needed to confirm a fresh medium‑term uptrend. ^[28]

Altcoin prices today: BNB, Solana, XRP, Dogecoin and more

BNB: Can it reclaim $1,000?

Binance’s native token BNB is trading around $880–$895, down about 2% over the last 24 hours. ^[29]

Fresh research today asks whether BNB can retest or break above $1,000 again in December, pointing to: ^[30]

Strong resistance near $950, where heavy selling has repeatedly capped rallies.
Legal headwinds—including state-level lawsuits in the U.S.—that could weigh on sentiment.
The possibility of a short squeeze if prices pierce key resistance zones, given significant short positioning in some derivative markets.

The consensus tone is cautiously optimistic: BNB is still in a larger uptrend, but $950–$1,000 is a formidable ceilingthat will likely require clearly positive news or a broader market risk‑on move to break.

Solana (SOL): high-beta L1 in a decision zone

Solana (SOL) is around $136, having fallen roughly 4% on the day and trading in the lower half of a downtrend channel that began in early October. ^[31]

Technical analysis today highlights: ^[32]

SOL is testing its 50‑day EMA as support, with downside levels flagged around $133–$127, and deeper support near $120.
On the upside, $163–$164 is viewed as a strong resistance, aligned with the 200‑day EMA.
Despite near-term weakness, CMF remains positive, and some analysts argue that any retests of the $120–$127region could attract dip-buying, particularly if positive ecosystem news emerges.

Another piece today lists several reasons Solana remains on traders’ radars—ranging from strong DeFi and NFT activity to institutional interest in Solana‑based products—helping explain why SOL continues to be treated as a high-beta proxy for overall crypto risk appetite. ^[33]

XRP: weak price, mixed signals under the surface

XRP is trading near $2.05–$2.10, down around 3–4% over 24 hours. ^[34]

Darkex’s intraday technical note characterizes XRP as technically fragile in the short term: ^[35]

Price has lost the $2.17 support and slipped below its Ichimoku cloud—a negative trend signal.
Momentum (RSI) has turned down, implying seller dominance.
However, CMF remains positive, indicating capital is still flowing into XRP, leaving open the possibility of a sharp rebound if sentiment turns.

Key levels to watch:

Critical short-term support: around $2.05.
A close below that level could invite a deeper slide toward roughly $1.98–$1.95; conversely, a bounce there could restart the uptrend if followed by reclaiming the $2.17–$2.27 zone. ^[36]

Separately, other coverage today points out that XRP’s on-chain dormancy is at a three-month high, a historically bullish sign, even as price struggles to break higher—another example of the mixed signals investors are grappling with. ^[37]

Dogecoin and the memecoin complex: volatility ahead?

Dogecoin (DOGE) is changing hands around $0.145, after a ~2.2% drop over the last day. ^[38]

Two key storylines dominate today’s Dogecoin coverage:

Technical reset and ETF catalyst
- A detailed DOGE update notes price holding a support band around $0.143–$0.147, with resistance in the $0.152–$0.162 area—where the 100‑ and 200‑day EMAs cluster. ^[39]
- Open interest in DOGE futures has collapsed from over $6 billion to about $1.5 billion, suggesting a major leverage reset and potentially healthier derivatives structure going into December. ^[40]
- Several asset managers, including 21Shares, are pursuing Dogecoin spot ETFs, which some analysts view as a medium‑term demand catalyst if approvals materialize. ^[41]
AI-driven forecasts of big swings
- An article summarizing predictions from Google’s Gemini AI calls for a highly volatile December for DOGE, with a worst‑case scenario near $0.10 and a bullish case up to ~$0.85—well above its current price and even past its 2021 all‑time high. ^[42]
These are model-based scenarios, not guarantees, but they underscore how wide the possible range of outcomesremains for memecoins.

Gemini’s analysis also sketches a December trading range of $1.80–$5.00 for XRP and substantial upside potential for Shiba Inu (SHIB) if it can break key resistance—again highlighting how AI tools are increasingly part of the narrative, even as their forecasts should be treated with caution. ^[43]

Macro backdrop: PCE inflation, Fed expectations and U.S. regulation

Inflation data and Fed policy

Today’s macro focal point is the U.S. Personal Consumption Expenditures (PCE) price index, the Federal Reserve’s preferred inflation gauge. Economists expect core PCE to run around 2.8–2.9% year-over-year, marking another month above the Fed’s 2% target but far below peak levels. ^[44]

Across several market updates:

Futures markets now assign roughly an 87–90% probability of a Fed rate cut at the December 10 meeting. ^[45]
Traders note that BTC and ETH implied vols are relatively subdued—Bitcoin’s implied vol index sits near 36%, suggesting that the options market expects around a 2% daily move in the short term. ^[46]

In other words, macro is driving the narrative, but no single data point today is expected to radically change the long‑term story, barring a major surprise.

CFTC approves spot crypto trading on U.S. exchanges

On the regulatory front, today brought one of the most significant U.S. crypto developments in years:

The U.S. Commodity Futures Trading Commission (CFTC) has approved spot crypto trading on federally regulated exchanges for the first time, allowing venues that traditionally handled futures to list spot markets in assets like BTC and ETH. ^[47]
Chicago-based Bitnomial aims to launch spot markets as soon as next week, a move observers say could shift some liquidity from offshore platforms to U.S.-regulated venues. ^[48]

Commentary from industry publications frames this as a major step toward clearer rules and stronger market surveillance, potentially making it easier for big brokerages and institutions to engage with crypto under a unified regulatory umbrella. ^[49]

Stablecoin liquidity: Circle mints $4B in USDC

Meanwhile, on-chain data tracked by Arkham Intelligence shows Circle minting roughly $4 billion in USDC over the past week, bringing the circulating supply to about $77.2 billion. ^[50]

Stablecoin supply growth is often interpreted as a bullish liquidity signal, since newly issued USDC can be deployed into BTC, ETH, and altcoins. However, today’s price action shows that fresh stablecoin liquidity doesn’t always translate into immediate risk‑on behavior, especially when ETFs and macro uncertainty are pulling in the opposite direction.

What today’s forecasts and analyses are saying

Across today’s research notes, newsletters and AI-driven pieces, a few common themes emerge:

“Normal” correction in a larger bull cycle
- Several analysts emphasize that Bitcoin’s roughly 25–30% drawdown from its all-time high near $126,000is consistent with past cycle corrections, which often fall in the 30–40% range before rallies resume. ^[51]
- Historical comparisons point to similar pullbacks in 2024 and early 2025, both of which eventually gave way to new highs.
Short-term fragility, longer-term optimism
- Coverage on “Why is crypto down today?” stresses that the market is “highly sensitive to macro shocks”and that holding roughly $96,000–$106,000 as a higher support band would be important to avoid a deeper BTC drawdown—levels well above where we are today. ^[52]
- At the same time, strategists interviewed across outlets generally argue that the broader uptrend is not necessarily over, as long as no major macro or regulatory shock hits.
Technicals: consolidation, not collapse
- Bitcoin: Sideways action between $91K and $93K, with clear liquidity pockets at $90K and $94.5K, suggests an ongoing equilibrium search rather than panic selling. ^[53]
- Ethereum: Multiple analyses call ETH’s setup stronger than Bitcoin’s, supported by ETF inflows, elevated on-chain activity and constructive indicators like positive CMF and supportive Ichimoku structure. ^[54]
- Altcoins: Daily technical rundowns describe a mixed picture—some L1s and DeFi names are under pressure, but there are selective winners and signs of rotation rather than a blanket exit from risk. ^[55]
AI and bank forecasts: extremely wide ranges
- Bank research like JPMorgan’s $170K BTC target and AI models like Gemini’s DOGE/XRP/SHIB projections showcase how far apart bullish and bearish scenarios still are. ^[56]
- Many of these forecasts explicitly caution that outcomes depend heavily on Fed policy, ETF flows, and broader risk sentiment—none of which are fully predictable.

Key takeaways for traders and long-term investors

Today is a consolidation day, not a capitulation event. Most large-cap coins are down modestly (generally 1–4%), but there is no sign of outright panic selling in the data. ^[57]
Bitcoin price today is stuck between $91K and $93K, with a clear focus on $90K as the must-hold line and $94K–$95K as the next bullish hurdle. ^[58]
Ethereum is quietly outperforming, buoyed by ETF inflows, bullish technicals, and signs of accumulation near $3,100, even as it wrestles with key moving averages overhead. ^[59]
Altcoins are selective rather than uniformly weak. BNB, SOL, XRP, DOGE and others are under short-term pressure, but each has distinct technical levels and catalysts, from ETF filings to ecosystem upgrades. ^[60]
Macro and regulation are front and center. Today’s PCE data, high market expectations for a December Fed cut, the CFTC’s spot trading approval, and expanding stablecoin supply all point to a market that is evolving structurally even as it digests volatility. ^[61]

As always, none of this is investment advice. Crypto is a high‑risk, highly volatile asset class, and today’s price action can change quickly as new data hits the tape. Anyone considering trading or investing should do their own research, size positions conservatively, and be prepared for large swings in either direction.