Crypto Market Sees Modest Gains Amid Cautious Sentiment and Regulatory Developments on December 12, 2025
The cryptocurrency market capitalization rose by 1.9% to reach $3.23 trillion, with 90 of the top 100 coins showing gains in the past 24 hours and a trading volume of $124 billion. Major cryptocurrencies saw increases including Bitcoin (BTC) up 2% to $92,126; Ethereum (ETH) up 1% to $3,239; Solana (SOL) increased by 4.8% to $137; Binance Coin (BNB) rose 2.2% to $886; XRP edged up 0.5% to $2.03; while TRON fell 1.1% to $0.2772. Other notable movements include Zcash rising 8% to $452 and Aave climbing 7.5% to $204, contrasted with declines in HASH (-4.6% to $0.02881) and Kaspa (-2.1% to $0.04677). The market has been consolidating over the past month with no significant movements, and investor sentiment remains cautious with the fear and greed index at 29.
In regulatory affairs, Poland has adopted the crypto-asset market bill without changes despite opposition from President Nawrocki. Prime Minister Donald Tusk cited national security concerns as authorities have identified several hundred foreign entities operating within the domestic crypto market.
Data from Glassnode reveals unrealized losses have risen to $350 billion, with Bitcoin accounting for approximately $85 billion. Liquidity is shrinking, suggesting the market is likely entering a high-volatility regime in the coming weeks.
A Bloomberg survey indicates that all 50 economists expect the Bank of Japan to increase its rate to 0.75% at next week's meeting, with two-thirds anticipating regular hikes and a median terminal rate forecast of 1.25%.
Coinbase plans to launch prediction markets and tokenized equities, including in-house tokenized U.S. equities, with an announcement scheduled for their December 17 livestream according to Bloomberg reports.
Regarding Bitcoin and Ethereum ETFs, BTC spot ETFs experienced outflows of $77.34 million but maintain a total net inflow of $57.85 billion. ETH spot ETFs saw outflows of $42.37 million with a total net inflow of $13.11 billion. Among institutional flows, BlackRock saw inflows of $76.71 million, Fidelity suffered outflows of $103.55 million, Grayscale recorded outflows of $31.22 million, 21Shares had inflows of $12.08 million, while details on VanEck were noted but unspecified.