Why Crypto Is Up Today [Live] Updates On Dec 3,2025

Vanguard Embraces Crypto ETFs, Igniting Market Momentum

Vanguard, a financial giant managing $11 trillion for over 50 million investors, has officially reversed its stance on cryptocurrencies. Clients can now trade spot Bitcoin, Ethereum, XRP, and Solana ETFs from major issuers like BlackRock, Fidelity, and Grayscale. This significant shift, influenced by the arrival of new CEO Salim Ramji, who was instrumental in launching BlackRock's IBIT ETF, is expected to inject substantial institutional capital into the digital asset space. Even a modest 0.5% portfolio allocation from Vanguard could direct over $55 billion into crypto ETFs, marking one of the most impactful institutional catalysts to date.

The impact was immediate, with Bitcoin jumping nearly 6% shortly after the U.S. market opened on the day Vanguard lifted its ban on Bitcoin ETFs. This move triggered significant institutional inflows, particularly into BlackRock's IBIT ETF, which recorded over $1.8 billion in trading volume within just two hours. This renewed demand from large investors is a key driver pushing BTC prices higher.

The "Vanguard Effect" is already evident, with Bitcoin experiencing a 6% surge around the U.S. market open, coinciding with Vanguard's decision to allow spot crypto ETF trading again. This decision has fueled $1 billion in BlackRock's IBIT ETF volume in a mere 30 minutes. The trend indicates that even traditionally conservative Vanguard investors are increasing their crypto exposure, underscoring the strong demand for regulated ETFs and signaling a major catalyst for both institutional and retail participation in Bitcoin.

Vanguard's decision to permit spot crypto ETF trading could fundamentally reshape the market. A small fraction of its $11 trillion in assets flowing into Bitcoin and crypto ETFs would surpass the total inflows from the entire 2024 ETF cycle. With established crypto ETFs like BlackRock's IBIT exceeding $80 billion, growing Ethereum ETFs, and new XRP and Solana ETFs launching, Vanguard's entry, coupled with improving regulation and wider access through banks and brokers, signifies a deeper level of institutional adoption and a powerful new wave of demand.

Bitcoin Price Analysis: Approaching Key Resistance and Potential Short Squeeze

Bitcoin is showing renewed bullish momentum, recovering strongly after a brief dip. The cryptocurrency is currently trading around the $92,000 level, with traders closely watching for a breakout. A decisive move above this zone could propel Bitcoin towards a new all-time high, potentially testing the $100,000 mark. The improving market sentiment suggests a strong day for the broader crypto market.

Glassnode reports indicate that if Bitcoin surpasses the $93,000 level, it could trigger substantial liquidations of short positions. This potential short squeeze could provide significant upward momentum, leading to a rapid price increase. The $93,000 mark is now identified as a critical resistance level for the market.

Bitcoin's price is once again targeting the $93,000 level, with significant clusters of short liquidations building up. These liquidations can act as a catalyst for upward movement, as forced buying adds momentum to the rally. A successful breach of $93,000 this time could lead to a sharp price increase due to the squeeze.

Looking ahead to December, markets are anticipating a bullish trend leading up to the FOMC event on December 10th, with a key pivot point on the 4th. Analysts suggest two potential scenarios: a short-term downward reversal if prices rise into the 4th, or continued upward momentum if prices drop. Historically, FOMC rate cut announcements have been followed by market declines of 5–8% in the subsequent days, often preceding a rally. The market is closely monitoring these patterns for potential repetition or divergence based on pre-FOMC market movements.

Bitcoin has attracted $732 billion in new capital during the current cycle, while its one-year realized volatility has nearly halved. The market is now characterized by a calmer, larger, and more institutionalized environment. Fasanara Digital's Q4 Digital Assets Report highlights these structural shifts, indicating that Bitcoin's evolution is transforming market dynamics. Declining volatility, coupled with increasing institutional participation, points to a more mature crypto ecosystem that is shaping the future growth of digital assets.

Altcoin Market Insights: XRP, Zcash, and Market Sentiment

The latest XRP spot volume bubble map suggests a cooling phase, often indicative of an oversold asset nearing bottom levels. Despite this temporary slowdown, XRP ETFs continue to be listed globally, contributing to increased liquidity. The ongoing introduction of more ETFs is expected to drive new institutional and retail fund inflows. Analysts anticipate that this cooling phase may be brief, positioning XRP for a potential upswing as demand rises and the market absorbs new capital.

Ripple has expanded into the tokenized U.S. Treasury market through a new partnership with OpenEden. This strategic move aims to bring real-world assets on-chain and connects the XRP ecosystem to a rapidly growing sector within crypto, providing users access to yield-backed Treasury products. Given the projected multi-trillion-dollar growth of the real-world asset market, Ripple's initiative positions XRP for increased institutional utilization and sustained long-term demand.

Analyst Van de Poppe observes that ZEC (Zcash) has not recently delivered upward returns. During its peak, hype surrounding ZEC drove prices up, but this was followed by a sharp drop as long liquidity was liquidated. According to him, this liquidation phase has concluded, creating potential for a bounce from current levels. However, he cautions that this does not signify a full trend reversal, and investors should consider it a short-term recovery opportunity rather than a sustained uptrend.

Market Sentiment and Interest Trends

Google search data reveals a decline in interest across the crypto market, affecting searches for exchanges and trackers like CoinMarketCap and CoinGecko. Historically, periods of low social engagement have coincided with bear markets, reflecting cautious sentiment. Paradoxically, these quieter periods have often presented the most significant opportunities for speculation, as reduced participation can create openings for risk-tolerant traders. For astute traders, these market lulls can be opportune moments to position for future rallies.