Ethereum Surges Past $3,200 Amid Market Rebound on December 4, 2025
On December 4, 2025, Ethereum broke past the $3,200 mark amid a broad market rebound. Bitcoin also rose 1.6% to about $93,000 as the selling pressure eased. DeFi tokens led the gains, with the sector rising over 5% during the trading session. Among individual tokens, Chainlink increased by 7.51%, while Curve DAO rallied over 12%. The easing in Bitcoin's selling pressure was attributed to a mix of long-term investors taking profits and short-term panic selling, though overall demand remains weak and new Bitcoin addresses continue to hold fewer coins. Market analysts expect December to bring stabilization to crypto markets rather than an immediate sustained rally, with a rebound anticipated after overselling conditions unwind. The update was provided by Jai Pratap, Asia Desk Editor.
