Here’s a quick recap of the crypto landscape for Monday (December 15) as of 9:00 p.m. UTC.
Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.
Bitcoin and Ether price update
Bitcoin (BTC) was priced at US$85,873.25, down by 3 percent over 24 hours.
Bitcoin price performance, December 15, 2025.
Chart via TradingView.
A bruising bout of weekend volatility pushed Bitcoin to a two week low near US$87,500 amid thin liquidity. Buyers emerged early on Monday to briefly lift prices toward the US$89,500 to 89,700 range, but both DeFi and traditional markets slipped in early trading after Greg Jensen, co-CIO of hedge fund giant Bridgewater Associates, issued a client note warning that Big Tech’s heavy reliance on external capital for artificial intelligence (AI) investments has entered a “dangerous” phase, amplifying AI bubble fears and exacerbating last week’s tech selloff into Monday.
Bitcoin fell to lows around US$85,400, and the global crypto market cap saw a 24 hour decrease of 3.2 percent.
In a post on X, veteran trader Peter Brandt highlighted that Bitcoin’s advance has fractured after failing to hold support following October highs. He warned that this breakdown could trigger “exponential decay” since each bull cycle has yielded smaller gains. Based on historical precedents, Bitcoin could see a drop to US$25,000.
Ether (ETH) was priced at US$2,930.31, down by 5.1 percent over the last 24 hours.
Altcoin price update
- XRP (XRP) was priced at US$1.89, down by 5.2 percent over 24 hours.
- Solana (SOL) was trading at US$125.43, down by 3.6 percent over 24 hours.
Crypto derivatives and market indicators
Bitcoin futures open interest rose slightly to US$59.63 billion, while Ether open interest dipped to US$38.2 billion, signaling modest Bitcoin accumulation amid Ether caution.
Heavy long liquidations confirm capitulation selling pressure. Positive funding rates show some bulls hanging on despite pain, but a relative strength index of 27.03 marks extreme fear, historically preceding sharp reversals in crypto.
Elevated Bitcoin funding rates reflect pricier long bias persisting, but decay could accelerate if shorts pile in.
Overall market sentiment skews fearful, with Bitcoin holding firmer than Ether.
Today’s crypto news to know
Strategy expands Bitcoin holdings amid price slump
Michael Saylor’s Strategy (NASDAQ:MSTR) announced on Monday that it has acquired an additional 10,645 BTC for US$980.3 million, paying an average price of $92,098 per coin.
That brings Strategy’s total holdings to 671,268 BTC. “As of 12/14/2025, we hodl 671,268 $BTC acquired for ~$50.33 billion at ~$74,972 per bitcoin,” the company said in an X post.
JPMorgan launches tokenized money market fund
JPMorgan Chase’s (NYSE:JPM) US$4 trillion asset management arm is launching its first tokenized money market fund, the My OnChain Net Yield Fund, on the public Ethereum blockchain. The fund runs on JPMorgan’s Kinexys platform as a private placement under Rule 506(c), targeting institutions via the Morgan Money trading system.
“Active management and innovation are at the heart of how we deliver new solutions for investors navigating today’s financial landscape,” said George Gatch, CEO of JP Morgan Asset Management. “By harnessing technology alongside our deep expertise in active management, we’re able to provide clients with advanced, innovative, and cost-effective capabilities that help them achieve their investment goals.”
Bitget launches TradFi private beta for traditional assets
Monday saw Bitget announce the private beta launch of Bitget TradFi, a new feature enabling crypto users to open bets on traditional assets using the stablecoin USDT. Fees start at US$0.09 per lot.
Positions will be margined and settled in USDT, eliminating the need for separate brokers or currency conversions, with up to 500x leverage, a tight spread and regulation by Mauritius’ Financial Services Commission.
“The shift in wealth management is happening now, assets that were previously only available on certain niche markets are now on Bitget,’ said Gracy Chen, CEO of Bitget, in the company’s announcement
‘This is historic; crypto, stocks, gold, forex and commodities now coexist under a single system. This is what a universal exchange merging wealth management under a roof looks like; it’s now present-day finance.’
UK moves to place crypto firms under full regulation
UK officials are preparing legislation that would move crypto companies fully inside the country’s financial regulatory framework. According to the Guardian, the plan involves putting crypto service providers under regulation like other financial firms, subject to the Financial Conduct Authority’s rules on consumer protection, governance, transparency and market conduct. Treasury officials say the shift is meant to close longstanding gaps as crypto activity becomes more entwined with mainstream finance rather than operating at the regulatory edges.
Legislation is expected by October 2027 to give firms time to adjust to the more demanding compliance environment.
If enacted, the move would mark a structural change for UK-based crypto startups, which until now have largely operated without full product-level regulation.
HashKey prices Hong Kong IPO at top end at US$206 million
HashKey Holdings, Hong Kong’s largest licensed crypto exchange, is set to raise about US$206 million after pricing its initial public offering near the top of its marketed range, according to a source familiar with the deal.
The company priced shares at 6.68 Hong Kong dollars, valuing the exchange operator as it prepares to debut on the Hong Kong Stock Exchange on Wednesday (December 17). HashKey operates across trading, asset management, brokerage and tokenization, and runs the city’s biggest regulated crypto exchange.
While Mainland China continues to warn against crypto speculation, Hong Kong has taken the opposite approach, positioning itself as a regulated gateway for digital finance.
North Korean hackers drain wallets using fake online meetings
North Korean cybercrime groups are using fake Zoom (NASDAQ:ZOOM) and Microsoft (NASDAQ:MSFT) Teams meetings to steal crypto, draining more than US$300 million through the tactic so far, according to security researchers.
According to CryptoNews, the scam typically starts with a message from a compromised Telegram account that appears to belong to someone the victim already knows. Victims are then invited to what looks like a legitimate video call, complete with convincing video feeds that are actually pre-recorded footage.
During the call, attackers claim there is an audio problem and send a supposed software “patch” that installs malware. The malware can extract passwords, private keys and internal security data, allowing attackers to empty crypto wallets.
Global crypto thefts have already surpassed US$2 billion this year, with North Korea-linked groups remaining among the most active and sophisticated actors in the space.
Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.
Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.
