Bitcoin News: Bitcoin Rebounds Above $91K as XRP, ETH, and SOL Lead Market Recovery
Key takeaways
- The cryptocurrency market is experiencing a market-wide uptrend today, primarily driven by institutional inflows.
- Bitcoin surges above $91K, and major altcoins such as XRP, ETH, & SOL witness positive momentum.
- Altcoins such as OVERTAKE, Mind Network, and Folks Finance also witnessed spectacular uptrends.
- The crypto market is expected to continue the rally throughout December 2025.
Bitcoin has surged above the $91K support today, and the entire crypto market has risen from a 10.86% monthly decline. This uptrend has been getting reflected in the major altcoins, including ETH, XRP, and SOL. Ethereum is trading above $3,100, XRP above $2.00, and SOL above $130. Beyond the major coins, various other tokens have been witnessing upward momentum.
Why is the Crypto Market Up Today?
The crypto market has been witnessing positive momentum today due to multiple reasons, including FTX’s $1.9 billion payout approval, institutional participation, and the ETF inflows. FTX, the exchange that collapsed due to the misuse of customer funds, is now finalizing the affected customer distributions, with the first payouts expected to be disbursed in early January 2026. Customers who have completed the KYC and tax forms will receive the funds through distribution agents. This has enhanced the positivity around the crypto market today.
A major reason for the past week’s downtrend was the outflows from Bitcoin ETFs, with BlackRock leading the exodus. BlackRock’s iShares Bitcoin Trust (IBIT) experienced $2.7 billion in exits since the October 10th market crash. However, the scenario is expected to reverse today, mainly due to the promising inflows in XRP and SOL spot ETFs, and the anticipation regarding a rebound as witnessed in previous outflows.
Altcoins Witness Surge, Analysts Expect a Bullish Breakout
While the previous week’s 247,000 Bitcoin and Ethereum options contracts expiry created FUD in the entire market, there are no such events this week, and analysts expect that several altcoins will surge soon. Various altcoins other than major assets have already witnessed spectacular growth, including:
OVERTAKE ($OVERTAKE)
OVERTAKE, a peer-to-peer digital asset trading service, witnessed more than a 30% surge today in the charts, mainly due to its partnership with ItemBay, an online marketplace based in South Korea. The overall ecosystem growth also contributed to the rally.
Mind Network ($FHE)
Mind Network, the quantum-resistant Zero Trust Internet Transfer Protocol, has attracted institutional investors through the integration with ByteDance’s BytePlus, a wing that focuses on advanced artificial intelligence and cloud technologies. This resulted in an incredible 70% surge in the past 24 hours.
Folks Finance ($FOLKS)
Folks Finance, the DeFi protocol, has expanded its decentralized finance services into advanced cross-chain technology. The expansion is expected to increase the value to new heights, a growth accompanied by the token’s fixed supply and anticipated scarcity-driven demand. The FOLKS coin is 15% up today.
Where is Crypto Market Headed in December 2025?
Usually, the crypto market witnesses a positive year-end performance, and we can expect the same this year. The strengthening of technicals, the institutional participation, and the upgrades in regulatory frameworks ensure the uptrend. However, it is important to maintain extreme caution while dealing with cryptocurrencies due to the high volatility.
Also Read: XRP News Today: Official Listing On Regulated Exchange and Lagging Prices Amidst A Network Surge
