Bitcoin's Nerve-Wracking Range, Macro Villains & Heroes, and Structural Adoption Leveling Up

Cryptocurrency News Today: Market Updates & Analysis podcast.Bitcoin spent the week chopping in a tight but nerve‑wracking range, sliding from the mid‑$93,000s to around **$91,000**, after briefly threatening a breakdown toward the high‑$80Ks. Binance’s December 5 market update pegs global crypto market cap near **$3.1 trillion**, off a couple percent in 24 hours, with most majors in the red while outliers like **Civic (CVC)**, **Terra Classic (LUNC)**, and **Decred (DCR)** ripped double digits. Binance also shows **ETH** holding near the low $3,000s, **BNB** just under $900, **XRP** hovering a bit above $2, and **SOL** stuck in the mid‑$130s, all bleeding but not capitulating.Macro is still the main villain and hero in this story. Binance cites **CoinMarketCap** data alongside headlines about **U.S. sovereign debt** blowing past **$30 trillion** and traders obsessing over incoming **PCE inflation** prints and the **Federal Reserve**’s December rate call. At the same time, several macro desks expect the Fed to begin **cutting rates** as labor data softens, and that potential liquidity wave is exactly what risk assets like Bitcoin feed on.Coinbase Institutional told CoinDesk this week that they see **tailwinds building for a December crypto rebound**, pointing to improving on‑chain and exchange liquidity and rising odds of those Fed cuts. Over in the institutional allocators’ world, Bitwise CIO **Matt Hougan**, speaking to DLNews, highlighted how **Vanguard** finally allowing **Bitcoin ETFs** on its platform and **Bank of America** letting advisors recommend them opens trillions in traditional assets to BTC exposure, just as the Fed is preparing to end **quantitative tightening**. That’s the kind of structural demand plus liquidity combo that historically front‑runs big impulse moves.But it’s not all champagne and laser eyes. DLNews also notes that the **Trump administration’s National Security Strategy** language around Bitcoin and crypto spooked traders, helping push BTC toward **$89,000** intraday as desks started whispering “crypto winter” again. At the same time, The Bahnsen Group published a fresh “Why We Do Not Own Bitcoin (and never will)” essay, arguing that even with a friendlier regulatory backdrop in early 2025, BTC couldn’t sustain its advantage, which for them reinforces the thesis that it still doesn’t fit classic dividend‑ and cash‑flow‑driven portfolios.On the technical side, analyst **PlanB** reminded his YouTube audience that Bitcoin closed November around **$90,000**, about **30%** off the all‑time high and below his much‑watched **$100K** “support” band. He walked through updated stock‑to‑flow models, framing this pullback as a deep but historically normal deviation rather than the end of the cycle. Broader market analysts on channels like “Stock Market & Crypto Analysis” emphasized that despite volatility, major equity indices and crypto indexes are still grinding above key short‑term moving averages, keeping the door open to a year‑end bounce rather than a full trend reversal.So zooming out, you’ve got: prices under pressure, macro risk still loud, but structural adoption and liquidity quietly leveling up in the background. Classic late‑cycle crypto energy.I’m Crypto Willy, and that’s your “Cryptocurrency News Today: Market Updates & Analysis” for this week. Thanks for tuning in, and come back next week for more. This has been a Quiet Please production — and if you want more from me, check out QuietPlease dot A I.Get the best deals https://amzn.to/3ODvOtaThis content was created in partnership and with the help of Artificial Intelligence AI

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