Kategorie: Crypto Markets

• Dogecoin has extended its selloff, with bears targeting $0.10 as on-chain and derivatives data turn bearish.
• Large wallet holders are trimming DOGE positions, while short bets rise and retail interest fades.
• A hold above $0.12 could spark a relief rally toward $0.15–$0.18, but downside risks remain elevated.

Dogecoin (DOGE) fell 3% on Thursday after falling about 4% in the prior session.

The share of DOGE supply held at a profit has declined as large wallet holders reduce their positions.

Derivatives market data points to a rise in bearish bets alongside waning retail participation.

From a technical perspective, Dogecoin shows a bearish bias after slipping below its April low, with downside risk extending toward the $0.1000 level.

Dogecoin sees weak investor interest

Data from Santiment shows that wallets holding between 100 million and 1 billion DOGE now control 34.77 billion tokens, down from 36.14 billion on December 1.

This investor group offloaded more than 1 billion DOGE on December 10 and has since kept holdings broadly unchanged.

At the same time, the share of Dogecoin’s supply in profit has slipped to 50.70% from a December 3 peak of 53.95%, pointing to a gradual softening in demand.

In derivatives markets, Dogecoin has also lost momentum.

CoinGlass data shows that short positions in DOGE derivatives have risen to 53.91% from 52.59% on Wednesday.

The increase in bearish positioning signals growing sell-side pressure and coincides with the liquidation of more than $5 million in DOGE long positions over the past 24 hours.

Dogecoin price extends losses towards $0.12

Dogecoin has experienced a notable decline in recent sessions, slipping below key psychological levels and extending its losses into the $0.12 range.

As of writing, DOGE traded near $0.125, reflecting a roughly 10% drop over the past week and 19% down over the month.

The last 24 hours performance is a continuation of the downward momentum that began earlier in the month.

This pullback follows a brief period of consolidation above $0.14, where buyers attempted to defend higher ground.

However, increased selling volume and a breakdown across risk assets has seen Dogecoin dip below the $0.14 support level.

On-chain data reveals reduced supply in profit, with large wallet investors trimming positions.

Profit taking is contributing to the heightened volatility, with macroeconomic headwinds a notable factor.

“Crypto stays caught in the macro crosscurrents. Potential MSCI index exclusions for crypto-treasury firms could trigger up to $2.8bn in passive outflows, pressuring fragile positioning,” wrote QCP Group analysts.

The outlook is that crypto is facing an uneasy end to the year.

DOGE downside risk grows

Trading volumes have surged during downturns, indicating conviction among sellers.

The Relative Strength Index on daily charts has dipped toward oversold territory, signaling intense bearish pressure but also potential for a short-term rebound if buying interest emerges.

Nonetheless, the downside risk for Dogecoin appears to be escalating.

Analysts are increasingly targeting $0.10 as a plausible near-term support level if bears maintain control.

If DOGE sees a decisive close below the current support near $0.12, it could open the door to further declines.

On the flip side, a hold above $0.12 might stabilize the price and allow for a relief rally toward $0.15 and $0.18.

Investors should monitor key support levels closely, as a breach could confirm a deeper correction, whereas a bullish divergence in indicators might signal an impending turnaround.

The post Dogecoin slides toward $0.10 as large investors cut exposure and bearish bets build appeared first on CoinJournal.

• Fidelity’s FBTC dominated inflows, with BlackRock’s IBIT also posting strong demand.
• Cumulative net inflows into US spot Bitcoin ETFs have exceeded $57 billion.
• Shifting US rate expectations are shaping institutional ETF positioning.

Spot Bitcoin exchange-traded funds listed in the US recorded a sharp revival in inflows on Wednesday, signalling renewed institutional engagement after weeks of uneven activity.

The move marked the strongest single-day intake in more than a month and coincided with shifting expectations around US monetary policy.

While Bitcoin’s price action remains constrained by heavy supply levels, ETF flows suggest investors are reassessing exposure through regulated products as macro conditions evolve.

Inflows rebound across major funds

US spot Bitcoin ETFs recorded $457 million in net inflows on Wednesday, their highest daily total since mid-November.

Fidelity’s Wise Origin Bitcoin Fund led the session, attracting roughly $391 million and accounting for the bulk of the inflows.

BlackRock’s iShares Bitcoin Trust followed with around $111 million, according to data from Farside Investors.

The latest intake pushed cumulative net inflows for US spot Bitcoin ETFs above $57 billion.

Total net assets climbed past $112 billion, equivalent to about 6.5% of Bitcoin’s total market capitalisation.

The figures underline the growing role ETFs play in shaping institutional access to Bitcoin exposure.

Shift after weeks of uneven flows

The inflow revival comes after a choppy period through November and early December, when ETF activity swung between modest inflows and sharp outflows.

That instability reflected cautious positioning amid uncertain price direction and tightening liquidity conditions.

The last time spot Bitcoin ETFs recorded inflows above $450 million was on November 11, when funds drew roughly $524 million in a single day.

The renewed activity suggests investors may be positioning earlier in anticipation of changing macro conditions, rather than responding to short-term price momentum.

ETF flows have increasingly become a barometer for how institutions interpret broader financial signals.

US rate signals influence positioning

Macro expectations shifted further on Wednesday after US President Donald Trump said he plans to appoint a new Federal Reserve chair who strongly supports cutting interest rates.

Speaking during a national address marking the first year of his second term, Trump said he would announce a successor to current Fed Chair Jerome Powell early next year.

He added that all known finalists favour lower rates than current levels.

Lower interest rates are generally viewed as supportive for risk assets such as crypto, as they ease financial conditions and improve liquidity.

Against this backdrop, spot Bitcoin ETFs appear to be attracting capital as a relatively direct way to express macro-driven positioning.

Price pressure and fragile demand persist

Despite stronger ETF inflows, Bitcoin’s market structure remains under pressure.

The asset has returned to price levels last seen nearly a year ago, leaving a dense supply zone between $93,000 and $120,000 that continues to cap recovery attempts.

This has pushed the amount of Bitcoin held at a loss to around 6.7 million BTC, the highest level of the current cycle, according to Glassnode.

Glassnode data also points to fragile demand across both spot and derivatives markets.

Spot buying has been selective and short-lived, corporate treasury flows episodic, and futures positioning continues to de-risk rather than rebuild conviction.

Until sellers are absorbed above $95,000 or fresh liquidity enters the market, Bitcoin is likely to remain range-bound, with structural support forming near $81,000.

The post Spot Bitcoin ETF sees sharp inflow revival amid shifting US rate signals appeared first on CoinJournal.

• XRP price is down 5% to trade near $1.80.
• The altcoin’s losses come amid overall bearish market sentiment.
• Ripple token could dip to $1.50, but a bounce is also likely.

Ripple token XRP fell 5% as the cryptocurrency market saw fresh selling pressure in early trading on December 18, 2025.

With major altcoins extending recent declines, Ripple’s cryptocurrency dipped to lows of $1.81.

Amid this broader risk aversion, XRP, one of the top-performing assets earlier in the year, risks slipping further.

XRP bears push price towards $1.80

The XRP token traded around $1.83 at the time of writing.

After breaking lower on Tuesday, prices were down 5% in the past 24 hours as sellers rejected advances at $1.98.

It looked as though they could test bullish sentiment around the $1.80 support zone.

On Thursday, the altcoin touched lows of $1.81, declines that put prices at risk of downside acceleration.

As market data shows, falling price action is accompanied by elevated trading volumes.

Normally, this suggests active distribution rather than isolated panic selling.

This decline aligns with weakness across the altcoin sector, as Bitcoin hovered below the key threshold of $90,000.

Negative sentiment across traditional risk assets is contributing to the selling pressure. Headwinds include macroeconomic uncertainty.

Ripple price forecast

The breach of $1.90 flips the former support at $2.00 into potential overhead resistance.

XRP’s recent moves reinforce bearish control in the near term.

Technical indicators, including a downward-sloping 50-day exponential moving average and downsloping RSI readings, indicate waning momentum.

Meanwhile, derivatives markets have seen increased liquidations on long positions, further exacerbating the downside pressure.

Whale activity also remains mixed.

Despite some large holders accumulating during dips, overall on-chain metrics show heightened distribution from older cohorts.

This dynamic has contributed to the failure of recent rebound attempts, and the reason XRP bulls have found themselves pushed below the $2.00 psychological mark.

From a technical standpoint, the outlook for XRP means bears have an upper hand.

Veteran trader Peter Brandt has issued a bearish warning for XRP, identifying a potential “double-top” reversal pattern on its price chart.

This technical setup suggests a possible trend reversal if the asset fails to breach established resistance levels.

Brandt’s caution highlights a growing divergence between technical indicators and Ripple’s strengthening fundamentals, which include recent stablecoin expansions and new institutional tools.

While acknowledging the pattern could fail, Brandt maintains that the current formation signals waning momentum.

Consequently, market focus shifts to XRP’s key support levels as investors weigh technical risks against the ecosystem’s long-term adoption efforts.

I know in advance that all you Riplosts $XRP will forever remind me of this post — ask me if I care
This is a potential double top. Sure, it may fail, and I will deal with this if it does
But for now this has bearish implications
Love it or not — you need to deal with it pic.twitter.com/yPGjzuqNN3

— Peter Brandt (@PeterLBrandt) December 17, 2025

A sustained break below current levels could see bears targeting the next major support area at $1.70 and potentially $1.50.

However, counterfactors could provide relief for buyers.

Notably, spot XRP ETFs have maintained consistent inflows.

XRP ETFs saw $9.84 million worth of inflows on December 17 according to data by Coinglass.

Confidence in XRP’s long-term outlook means reclaiming $2.00 would open the door for a sentiment flip.

If there’s a rebound toward $2.30, further upside momentum potentially has $3.00 into play.

XRP continues to wait for a breach of the $4.00 mark.

The post XRP price loses $1.90 support as altcoins bleed further appeared first on CoinJournal.

• Analysts estimate forced outflows of up to $15 billion if passive funds are required to sell.
• Strategy accounts for nearly three-quarters of the impacted float-adjusted market capitalisation.
• MSCI’s final decision is due by Jan. 15, with possible implementation in February 2026.

Crypto treasury companies could face heavy selling pressure if MSCI proceeds with a proposal to exclude them from its equity indexes.

Campaigners and analysts warn that removal from widely tracked benchmarks could force passive funds to offload billions of dollars worth of crypto-linked exposure.

The debate has intensified as markets digest months of declining prices and as index providers reassess how to classify firms with large digital asset holdings.

With MSCI’s decision timeline now clear, companies and investors are closely watching what could become a defining moment for crypto’s place in mainstream equity benchmarks.

Potential selling pressure builds

BitcoinForCorporations, a group opposing the proposal, estimates that exclusions could trigger between $10 billion and $15 billion in passive outflows.

The calculation is based on a verified preliminary list of 39 companies with a combined float-adjusted market capitalisation of $113 billion.

Analysts reviewing the same universe put potential outflows at around $11.6 billion across all affected firms.

The largest exposure sits with Michael Saylor’s Strategy (previously known as Microstrategy), which represents 74.5% of the total impacted float-adjusted market cap.

JPMorgan’s analysis suggests that Strategy alone could see $2.8 billion in outflows if removed from MSCI indexes.

Such forced selling could add pressure to crypto markets that have already been trending lower for nearly three months.

Why MSCI rules matter

MSCI announced in October that it was consulting investors on whether companies holding the majority of their balance sheet in crypto should be excluded from its indexes.

These benchmarks are used by passive investment funds worldwide to decide which stocks they must hold.

As a result, inclusion or exclusion can directly affect a company’s access to capital and shareholder base.

For crypto treasury firms, index membership has become increasingly important as institutional ownership grows.

Any rule change that leads to exclusion would not be a technical adjustment but a structural shift in how these companies are treated by global asset managers.

Balance sheet debate intensifies

BitcoinForCorporations argues that using balance sheet composition as a deciding factor is flawed.

The group says a single metric does not capture whether a company operates a real business with customers, revenue, and ongoing operations.

Under the proposed approach, firms could be removed even if their core business model remains unchanged.

The group has urged MSCI to abandon the proposal and continue classifying companies based on business activity, financial performance, and operational characteristics rather than crypto exposure alone.

The concern is that the rule would effectively penalise companies for holding digital assets without assessing how those assets fit into broader corporate strategy.

MSCI is expected to publish its final conclusions by January 15.

If approved, implementation would be scheduled for the February 2026 Index Review, setting the stage for potential large-scale reallocations by passive funds.

The post MSCI index exclusion puts crypto treasury companies at risk of forced selling appeared first on CoinJournal.