Crypto Circle Morning Report (December 15, 2025)

1) Market Trends
1. In the last 24 hours, both BTC and ETH declined, with altcoins showing mixed gains and losses. The total market capitalization of cryptocurrencies fell by 2.03% to approximately $3.01 trillion, mainly due to ETF fund outflows and macroeconomic impacts, resulting in an overall weak market;
2. US stocks closed last Friday (Dec 12), with the S&P 500 down by 1.07%, the Dow Jones down by 0.51%, and the NASDAQ down by 1.69%. Broadcom's earnings report caused a nearly 11% plunge;
2) Market Hotspots
1. Bitcoin briefly dropped below $88,000, while Ethereum and Solana also declined. In the past 24 hours, a total of 115,561 traders were liquidated, with a total liquidation amount of $271 million;
2. Starknet (STRK) unlocks 127 million tokens valued at $13.2 million at 8:00 AM on December 15; Sei Network (SEI) unlocks 55.56 million tokens valued at $7.1 million at 8:00 PM on the same day, which may trigger volatility;
3. Trump: Will soon select a new Federal Reserve Chair, with the new Chair likely to favor lowering interest rates;
4. US SEC issues guidelines for crypto wallets and custodial investors, warning about third-party rehypothecation and asset mixing risks;
3) Greed Index
Today's cryptocurrency greed index: 16 (Extreme Fear)