ICP Slides as Breakdown Below $4.00 Triggers Elevated Volatility

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email ICP Slides as Breakdown Below $4.00 Triggers Elevated Volatility Sharp 24-hour decline sends Internet Computer into fresh multi-day lows, with a high-volume support breach defining the session By Jamie Crawley , CD Analytics Dec 1, 2025, 4:29 p.m. What to know : ICP fell from $3.98 to $3.69, extending a multi-day decline. Volume spikes reached nearly 3x the 24-hour average during the breakdown. Price stabilized between $3.55–$3.65 before a modest late-session rebound. ICP $ 3.7133 declined sharply over the latest 24-hour window, sliding 7.3% to trade near $3.7065 as the token broke decisively below the $3.99–$4.00 support band. The move unfolded across an 11.3% intraday range, with the steepest losses occurring during a high-volume flush near the 23:00 UTC hour on November 30, according to CoinDesk Research's technical analysis data model. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy . A major volume spike — 1.83 million tokens, roughly 300% above the short-term average — accompanied the breakdown through $3.99, reinforcing the technical significance of that level. Momentum extended lower into December 1, with total volume reaching 6.85 million tokens, one of the highest readings for ICP in recent days. Price eventually steadied in the $3.55–$3.65 zone, forming a short-term base before recovering toward $3.69–$3.70. Despite the bounce, the broader structure remains bearish, with a clean series of lower highs visible on the chart and resistance now firmly established at the former $3.99–$4.00 support. Intraday data shows a period of narrow consolidation between $3.645–$3.700, followed by a small lift that coincided with a localized volume uptick. That move helped reinforce the near-term support band but did not yet alter the overall downward trajectory. Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards . For more information, see CoinDesk's full AI Policy . AI Market Insights Technical Analysis More For You Protocol Research: GoPlus Security By CoinDesk Research Nov 14, 2025 Commissioned by GoPlus What to know : As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M. GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month. Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B. View Full Report More For You Digital Asset Treasuries Lead Crypto Stock Sell-Off as Bitcoin Falls to $84K By Krisztian Sandor | Edited by Sheldon Reback 31 minutes ago Strategy fell to the lowest since October, 2024, and ether and solana treasury plays including BitMine, Sharplink, Solana Company, Upexi tumbled nearly 10%. What to know : Crypto-related stocks fell Monday as BTC dropped to $84,000. Digital asset treasuries led declines, with NAKA, MTPLF, BMNR, SBET, DFDV, HSDT dropping over 10%. Bank of Japan interest-rate hike signals added to pressure on risk assets, analysts said. Read full story Latest Crypto News Digital Asset Treasuries Lead Crypto Stock Sell-Off as Bitcoin Falls to $84K 31 minutes ago European Authorities Seize $1.51B Bitcoin-Mixing Service Cryptomixer 52 minutes ago Canada Eyes Stablecoin Rules as Scotiabank Flags Limited Market Impact 1 hour ago Tom Lee's BitMine Acquires 97K ETH, Eyeing Fusaka Upgrade, Fed Policy as Positive Catalysts 2 hours ago CoinDesk 20 Performance Update: Bitcoin (BTC) Drops 5.7% as Index Trades Lower 2 hours ago Strategy Still the Premier Bitcoin Proxy, Benchmark Says, Rejecting ‘Doom’ Narrative 2 hours ago Top Stories Digital Asset Treasuries Lead Crypto Stock Sell-Off as Bitcoin Falls to $84K 31 minutes ago Strategy Establishes $1.44B Cash Reserve, Slashes 2025 Profit, BTC Yield Targets 2 hours ago European Authorities Seize $1.51B Bitcoin-Mixing Service Cryptomixer 52 minutes ago Tom Lee's BitMine Acquires 97K ETH, Eyeing Fusaka Upgrade, Fed Policy as Positive Catalysts 2 hours ago Crypto Markets Today: Hawkish BOJ Comments Spur Sharp BTC Downturn 3 hours ago HashKey Leads Hong Kong’s Crypto Market as Losses Deepen Ahead of IPO 9 hours ago