Crypto Market Declines Amid Macro Uncertainty and ETF Outflows on December 5, 2025
On December 5, 2025, the cryptocurrency market experienced a decline, with the total market capitalization falling 1.1% to $3.23 trillion. Bitcoin traded around $92,227, down 1.2%, while Ethereum was at $3,169, down 0.6%.
According to Glassnode, the market structure remains highly sensitive to macroeconomic shocks until Bitcoin reclaims the 0.85 quantile level of approximately $106,200 as support. Maintaining the $96,000 to $106,000 range is critical to prevent further downside risk.
The US September Personal Consumption Expenditures (PCE) inflation data was due on the same day, with the probability of a 25-basis-point rate cut priced in at about 87%, reflecting market anticipation of monetary policy shifts.
In institutional developments, Woori Bank in Seoul became the first commercial bank in South Korea to integrate a Bitcoin price feed into its main trading room, reflecting growing mainstream adoption.
US Bitcoin spot ETFs witnessed significant outflows totaling $194.64 million, including negative contributions from major players such as BlackRock, while Ethereum ETFs also posted outflows worth $41.75 million.
Strategy, known as the world's largest corporate Bitcoin holder, designated a $1.44 billion reserve as a liquidity buffer, signaling a cautious approach that may involve selling Bitcoin or derivatives if market conditions worsen. Bitcoin purchases by Strategy dropped sharply from a peak of 134,000 coins in 2024 to just 9,100 in November 2025.
The crypto fear and greed index stood at 25, indicating fear in the market and suggesting continued caution with a potential shift toward extreme fear amid ongoing market uncertainty.
