ETH, ADA, SOL Steady as Timezone Data Shows Europe Drove Deepest Bitcoin Selloff Since 2018

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email ETH, ADA, SOL Steady as Timezone Data Shows Europe Drove Deepest Bitcoin Selloff Since 2018 The broader market held its recent rebound, though liquidity remained thin ahead of Wednesday’s Federal Reserve decision. By Shaurya Malwa Updated Dec 9, 2025, 4:49 a.m. Published Dec 9, 2025, 4:49 a.m. What to know : Bitcoin steadied near $90,400 after a turbulent November, with Europe leading the sell-off. Strategy acquired 10,624 BTC, increasing its holdings to 660,600 BTC, amid concerns of potential index removal. The broader market held its recent rebound, though liquidity remained thin ahead of Wednesday’s Federal Reserve decision. Bitcoin hovered near $90,400 on Tuesday as crypto markets steadied after one of the sector’s ugliest November performances since 2018, even as new data showed Europe led the month’s sell pressure by a wide margin. BTC rose 1% over the past 24 hours while ether added 0.2%, according to CoinGecko. Major altcoins were mixed; BNB gained nearly 1%, SOL slipped 0.6% and XRP edged lower. The broader market held its recent rebound, though liquidity remained thin ahead of Wednesday’s Federal Reserve decision. 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 . Fresh timezone-segmented data from Presto Research showed Europe was the primary driver of November’s 20–25% drawdowns across BTC and ETH, with average session returns turning deeply negative throughout the month. Asia and the US sessions, by contrast, were largely flat, indicative of how regional flows diverged as crypto de-leveraged. Loading... November’s downturn also coincided with significant repositioning in listed crypto equities. Strategy disclosed its largest Bitcoin acquisition in more than three months on Monday, purchasing 10,624 BTC for $963 million. The haul, funded largely through new equity issuance, brings its total holdings to about 660,600 BTC worth roughly $60 billion at current prices. The company’s shares traded near $180 and remain down about 50% over six months as investors weigh the risk of removal from key MSCI indices. Meanwhile, the macro climate remained the main constraint for crypto directionally. Asian equities slipped as traders braced for the Fed’s rate cut and any signal on the pace of easing into 2026. Global bond yields stayed elevated following Monday’s slump, adding pressure to high-beta assets. Crypto-specific sentiment remains fragile. CryptoQuant’s Bull Score index fell to zero for the first time since January 2022, with most BTC on-chain indicators turning bearish absent fresh liquidity. At the same time, several medium-term catalysts are forming on the horizon, including potential US 401(k) rule changes in early 2026 that could open trillions in retirement savings to Bitcoin exposure. Bitcoin last traded near $90,300, with traders watching whether the market can push toward the $94,000–$98,000 band or whether European hours continue to exert pressure as year-end positioning tightens. 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 Dogecoin Holds $0.14 Floor as Network Activity Hits 3-Month High By Shaurya Malwa , CD Analytics 46 minutes ago Rising active addresses and tightening volatility indicate an impending directional move, with $0.16 as a critical breakout threshold. What to know : Dogecoin marked its 12th anniversary, but market reactions were muted, focusing instead on technical patterns and network activity. The token consolidated within a tight range, with active buying interest at the lower boundary and potential for a bullish breakout. Rising active addresses and tightening volatility indicate an impending directional move, with $0.16 as a critical breakout threshold. 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