Bitcoin Price Crashes Again Below $90K, Ethereum Price Today Jumps; Check Full Cryptocurrency Prices On Dec 11

The crypto market today is undergoing sharp volatility as cryptocurrency prices today moved in mixed directions. The biggest highlight was the decline in bitcoin price today, with BTC price falling 2.76% to $90,022.64. Despite its massive $1.85 trillion market cap, BTC has dropped more than 12% this week because of the weakness in the broader market. However, a minimal impact is seen with other altcoins like Ethereum and XRP that trade strongly above $3000 and $2, respectively, while BNB, SOL, DOGE & ADA face huge upward pressure.

"With the Fed cutting interest rates by 25 bps, BTC briefly climbed back above $94K earlier before dropping to $90k. However, the cautious tone from Fed Chair Powell, highlighting upside inflation risks, downside employment risks, and reaffirming that there is "no risk-free path for policy", dampened hopes for an aggressive rate-cut cycle. BTC subsequently pulled back toward $92K with expectations of only one rate cut next year. The Fed will also begin buying $40 billion in short-term Treasury bills from tomorrow. This adds a bit of extra liquidity into the system, which can help stabilise markets and support risk assets. BTC is likely to remain range-bound between $91.7K and $93.5K until a decisive breakout takes place." According to CoinSwitch Markets Desk

While Bitcoin struggled, Ethereum's price today delivered a strong rebound. The ETH price jumped 6.34% to $3,321.45, making ETH one of the top performers in the cryptocurrency market today. With a market cap of $400.88 billion, Ethereum attracted buyers even though it remains down 6.91% over the week.

Stablecoins such as Tether (USDT) and USDC maintained calm amidst market swings. The USDT price today stayed fixed at $1.00, while the USDC price today hovered at $0.9998.

Altcoins were mostly under pressure. XRP price today slipped 4.42% to $2.00, dragging its weekly losses to 16.60%. The BNB price today also fell 2.70% to $866.31, reflecting persistent selling across altcoin prices. Meanwhile, the Solana price today dropped sharply by 6.65% to $129.85, extending its weekly fall to more than 16%.

Meme coins also struggled. The dogecoin price today slipped 6.07% to $0.1384, while tron (TRX) remained relatively stable with only a 0.40% decline.

Among other major cryptocurrencies, Cardano price today (ADA) recorded a steep fall of 7.33% to $0.4307, making ADA one of the weakest assets this week with a 22.67% drop. However, not all altcoins declined. WhiteBIT Coin (WBT) surged 13.50% this week and currently trades at $61.38, outperforming most of the crypto market today. Similarly, Bitcoin Cash (BCH) showed positive momentum with a weekly gain of 9.94%, trading at $556.48 today.

According to the CoinDCX Research Team, "The Federal Reserve cuts the interest rates by 25 bps and is expected to begin Treasury bill purchases, $40 billion over the next 30 days, on December 12. Besides, dormant Satoshi-era Bitcoin wallets holding tens of thousands of BTC have reactivated in 2025, signalling 'whale awakening'. The top gainers for the day are Monero, Memecore, and XDC Network, with over 2.6% jumps each, followed by Hyperliquid, which surged by 1.26%. Besides, Dash plunges by over 11.12%, followed by Pudgy Penguins by 10.20% and Filecoin, Zcash, and Artificial Superintelligence Alliance by over 9% each."

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