BTCC / BTCC Square / CoingabbarEN /
Crypto Market Update: BTC Nears $94K & ETH Surges 7% as Fear Index Holds at 26

Crypto Market Update: BTC Nears $94K & ETH Surges 7% as Fear Index Holds at 26

Published:
2025-12-04 04:30:00
15
3

Bitcoin flirts with a new milestone while Ethereum powers ahead—all while the market's fear gauge whispers caution.

The Big Movers

Bitcoin's relentless climb brings it within striking distance of the $94,000 mark, a level that seemed like distant fiction not long ago. Meanwhile, Ethereum isn't just along for the ride—it's carving its own path with a solid 7% gain, showing strength that extends beyond mere momentum.

Reading the Room

The Crypto Fear & Greed Index sits at 26, firmly in 'Fear' territory. It's a curious disconnect: prices scream bullish, but sentiment lags. This divergence often creates the friction that fuels the next big move—whether up or down.

The Undercurrent

Forget the old Wall Street playbook. This rally isn't waiting for permission from traditional finance gatekeepers. It's being driven by protocol upgrades, institutional adoption whispers, and a global reshuffling of what constitutes a store of value. The old guard is left watching charts they don't fully understand, muttering about tulips while digital asset portfolios quietly outperform their 'diversified' funds.

Markets climb a wall of worry, and right now, that wall is built on a foundation of healthy skepticism. The real question isn't about today's prices—it's about what happens when that fear finally breaks.

Major Crypto Events Today

Image titleSource: Forex Factory

24 Hour crypto market Update

  • Bitcoin is currently priced at $93569, representing a 1.94% increase in the past 24 hours. With $76.8 billion in trading volume and a $1.86 trillion market cap.

  • Ethereum trades at $3229, soars 7.29% in the last 24 hours, with a $390 billion market cap and $29.9 billion in trading volume.

  • XDC Network trades at $0.05120, slipping 1.02% with a $41.09M trading volume.

  • BNB is priced at $926.10, gaining 5.08% and recording $2.82B in volume.

  • DeMCP trades at $0.0001459, soaring 28.96% with $22.84K in trading volume.

  • Ethereum stands at $3,236.51, rising 7.47% and seeing $30.11B in trading volume.

  • Babylon (BABY) is priced at $0.02023, up 5.53% with $17.66M in trading volume.

  • Zcash (ZEC) is trading at $346.49, up 14.33%, with a strong TV of $1.54B.

  • Telcoin (TEL) has risen 12.31% to $0.006251, supported by a TV of $5.63M.

  • Ethena (ENA) is priced at $0.2994, gaining 11.07%, with TV of $348.88M.

  • MYX Finance (MYX) is priced at $3.19 and is down 5.17%, with a TV of $42.29M

  • Quant (QNT) trades at $95.95, falling 2.37%, and recorded a TV $29.89M.

  • Pump.fun (PUMP) is currently at $0.003186, slipping 2.25%, with a TV of $178.67M.

  • Stablecoins hold a market cap of $312 billion with $115.5 billion in trading volume, representing 0.5% positive change.  

  • The DeFi market cap stands at $117.9 billion, increased by 4.9% in the last 24 hours, with a trading volume of $6.86 billion. DeFi dominance remains at 3.6%.

Fear and Greed Index Today

Fear and Greed Index TodaySource: Alternative Me

Today’s crypto Fear & Greed Index shows 26 (Fear), slightly lower than yesterday’s 28 but higher than last week’s 22 and last month’s 21, both Extreme Fear. Sentiment improved as selling pressure eased, but market uncertainty and recent price drops keep investors cautious, preventing a shift toward neutral or optimism.

Top 10 Latest Cryptocurrency Market News Today, 4 December 2025

After the U.S. passed the GENIUS Act, Wall Street remains divided. JPMorgan, Deutsche Bank, and Goldman Sachs say banning interest on stablecoins limits incentives, making any rise in USD or T-bill demand uncertain.

Coinbase CEO Brian Armstrong said major banks are testing stablecoins. At DealBook Summit, Armstrong and Larry Fink said $4.1 trillion in digital wallets could MOVE faster through tokenized assets.

BlackRock 2026 outlook warns that rising U.S. debt and economic fragility are reducing Treasury hedge power, pushing institutions toward bitcoin, tokenization, and stablecoins as a stronger digital infrastructure for future finance.

Binance has appointed co-founder He Yi as Co-CEO alongside Richard Teng. In her first interview, she said the biggest challenge is finding skilled, crypto-focused talent due to industry stigma.

U.S. ADP employment unexpectedly fell by 32,000 in November, marking the weakest reading since March 2023. Analysts expected a 10,000 increase. October’s figure was revised up from 42,000 to 47,000.

Web3 foundation registrations in the Cayman Islands jumped 70% to over 1,300 by 2024. DAOs increasingly use Cayman structures, while OECD’s 2026 CARF rules will target exchanges, not passive foundations.

Binance has introduced Binance Junior, a supervised crypto sub-account for children aged 6–17. Only verified Binance parents with active 2FA can create and manage these secure, parent-controlled accounts.

Bybit has partnered with regulated custodian Komainu, integrating its Komainu Connect platform to let institutional clients trade while assets stay securely with a third party, reducing counterparty risk and boosting capital efficiency.

Markets are in wait-and-see mode after Monday’s volatility. Bitcoin stabilizes near $95,000, rebounding 5%, while global assets stay steady as traders await next week’s Fed meeting and expected rate cut.

MicroStrategy chairman Michael Saylor said the firm is in talks with MSCI regarding a possible removal from an index. A decision on January 15 could spark $8.8B outflows, with MSTR acting like Leveraged Bitcoin.

CoinGabbar’s Opinion

Based on the latest data and a Fear & Greed Index of 26, the crypto industry remains cautious despite strong rebounds in Bitcoin, Ethereum, and top gainers. Rising global uncertainty, regulatory shifts, and mixed macro signals suggest short-term risk remains high. Investors should stick to large-cap assets and stablecoins, avoiding highly volatile tokens until sentiment improves.

Disclaimer: This is not financial advice. Please DYOR before investing. CoinGabbar is not responsible for any financial losses.  

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

All articles reposted on this platform are sourced from public networks and are intended solely for the purpose of disseminating industry information. They do not represent any official stance of BTCC. All intellectual property rights belong to their original authors. If you believe any content infringes upon your rights or is suspected of copyright violation, please contact us at [email protected]. We will address the matter promptly and in accordance with applicable laws.BTCC makes no explicit or implied warranties regarding the accuracy, timeliness, or completeness of the republished information and assumes no direct or indirect liability for any consequences arising from reliance on such content. All materials are provided for industry research reference only and shall not be construed as investment, legal, or business advice. BTCC bears no legal responsibility for any actions taken based on the content provided herein.