Injective (INJ) jumps over 5% as price nears $6 amid volume surge and market rebound

  • Injective price is up by over 5% in the past 24 hours, trading to an intraday high of $5.85.
  • Bulls could gain towards $10 but that is contingent on breaching $6 resistance.
  • INJ will ride broader market conditions and key network developments.

Injective’s native token is among the altcoins to post gains on December 8, 2025, rising more than 5% to highs of $5.85 as investor attention shifts ahead of a big week for risk asset markets.

INJ price looked to rise in a sharp rebound to $6, a level that provided the latest downward pressure on Dec. 4.

Notably, Injective’s surge arrives amid heightened trading activity.

Injective price rises to near $6 amid volume spike

Injective’s price trajectory has been in a downtrend since its all-time high of $52.75 in March 2024. As such, the token is $89% since that peak and 25% down in the past month.

However, the latest gains across the market have helped bulls, and INJ has rebounded from support around $5.

INJ traded at $5.71 at the time of writing, up more than 5% in the past 24 hours.

Bulls reached highs of $5.85 as they came close to the $6 psychological barrier. Trading volume also surged to $67 million, increasing by over 52% in the last 24 hours.

Why is Injective price up?

The token’s price gained alongside Bitcoin’s push to above $92,000, and Ethereum’s rebound above $3,100.

A similar uptick for the broader crypto market seems to have bolstered Injective.

Analysts have also attributed the spike to Injective’s recent integration with DexTools, exposing the chain to 15 million users for real-time asset monitoring.

Key appears to be momentum from Helix, a major decentralized spot and derivatives exchange for the INJ ecosystem.

The DeFi app’s upgrade that enabled gas-free, 24/7 trading of stocks, indices, and cryptocurrencies recently went live.

Meanwhile, the community has responded positively to a governance proposal and approval of a mechanism for on-chain equity pricing.

Moreover, traction across stablecoin deployments and real-world asset (RWA) initiatives has played a huge role.

INJ price forecast

Although the 24-hour high of $5.85 saw bulls flirt with $6, the technical picture is currently mixed. The broader price trajectory remains in a downtrend. An extension of this could spell doom for buyers.

Injective Price Chart
Injective price chart by TradingView

The Relative Strength Index (RSI) hovers at 44 and below the neutral level.

However, the indicator is upsloping and signaling a potential breakout. On the other hand, the Moving Average Convergence Divergence (MACD) shows weak bullish momentum. The indicator flashed a bullish crossover recently.

Looking ahead, INJ’s path bifurcates between bullish breakouts and cautious consolidation.

In the short term, a breakout above $6 will allow bulls to target $8.22 and then $10. Conversely, a dip below $5.05 could spell danger for buyers.

 

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Zcash surges 12% as Monero slips: privacy coins diverge ahead of Fed meeting

  • Zcash (ZEC) has surged into positive territory with double-digit advances over the past 24 hours.
  • As ZEC hovers above $380, the privacy coin Monero (XMR) is down 2% at $372.
  • XMR price earlier dropped to lows of $360.

Zcash and Monero, two top privacy coins, have witnessed differing price movements on Monday as the overall cryptocurrency market remained largely subdued.

Bitcoin hovered just above $92,000 ahead of the highly anticipated Federal Reserve meeting, while BNB, Solana, and XRP all looked to mirror Ethereum’s slight gains.

Nonetheless, bulls’ failure to ignite a widespread rally sees many altcoins hover well off recent peaks, including Zcash and Monero.

Zcash price sees double-digit gains

Zcash posted gains of over 12% as the token’s value jumped from around $334 to near $400.

Per data from CoinMarketCap, the privacy coin reached highs of $398 across major crypto exchanges, extending gains above $380.

While current prices of $383 are well off the recent peaks above $700, buyers may fancy new momentum as ZEC benefits from the sentiment that saw it switch from a laggard into a top-20 cryptocurrency by market cap.

A surge in shielded transactions, with Zcash positioned as a private alternative to Bitcoin, highlights the confidence. Open interest in Zcash futures sits at over $783 million, down from $1.3 billion in November.

However, robust speculative engagement is intact as seen in the past 24 hours, with liquidations hitting over $10 million.

Coinglass data shows 80% of 24-hour liquidations for ZEC are shorts, likely caught off guard amid the sudden price jump.

Should Zcash breach the $400 resistance, bulls may push toward $500 and target the year-to-date peaks. On the flipside, a breakdown below $370 could give sellers an upper hand.

Monero price risks fresh losses

In contrast to Zcash Monero has dipped in the past 24 hours.

The privacy coin fell to lows of $360 earlier in the day, and now faces an uphill battle after fresh rejections around the $380 mark.

XMR price is currently around $372 and shows a decline of nearly 2% in the past 24 hours and 10% in the past week.

Comparatively, the ZEC price is up more than 11% in the same seven-day period.

Losses for Monero extended to four consecutive bearish daily candles on December 7, 2025. Bulls are therefore looking to prevent a fifth red candle.

Monero Price Chart
Monero price chart by TradingView

Yet, as bears have recently erased most of November’s gains to highs of $470.

The dip to $360 thus leaves Monero vulnerable to further erosion if support falters. As with other altcoins, the primary drivers of Monero’s malaise revolve around macroeconomic pressures.

XMR also trades in a broadening wedge pattern, and the area around $400 has proved key to bears.

Elsewhere, futures open interest has contracted to $54 million, down from $67 million on December 1, 2025, and from a recent peak of $98 million on November 10,2025.

The token has also dropped amid a double-top formation at $435, which means a short term dip to support in the $335 region looms.

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Bitcoin price forecast ahead of Fed decision

  • The Bitcoin price is at $92,200 in intraday trading on December 8, 2025.
  • The benchmark digital asset is slightly bullish after bulls suffered a negative tilt in November.
  • While weakness continues to linger as price hovers near the $90,000 mark, eyes are on the US Federal Reserve.

Bitcoin is showing signs of bullish reversal, with the latest upside momentum pushing the BTC price above $92,000 as risk assets gain ahead of a key Federal Reserve meeting.

As stock futures rose ahead of Wall Street’s open on Monday, Bitcoin mirrored the move with a 3% rise to $92,220.

The technical picture shows a classic ascending triangle formation on the daily chart, suggesting a possible sharp upside move toward $95,000 and $100,000 in the coming days.

Meanwhile, Ethereum is currently above $3,100 and could eye $3,500-$4,000 area.

Across altcoins, the BNB price could jump above $1,000 after Binance’s major regulatory milestone.

Bitcoin gains amid Fed rate cut anticipation

On Monday, US stock futures recorded gains as investors weighed the Federal Reserve’s policy meeting on Tuesday and Wednesday.

While modest, the uptick aligns with major gauges’ consecutive weekly gains.

BTC has also tapped green in the past week after falling to lows of $80,000 amid a tough November.

Investors expect the Fed to cut interest rates, and markets are upbeat. 

The tame personal consumption expenditures (PCE) price index helped this outlook.

PCE is a key US inflation reading, and its print adds to the confidence that Fed Chair Jerome Powell will announce a rate cut this week.

Could Bitcoin bulls push for $100k?

Bitcoin experienced notable price swings over the weekend as the price plunged below the $90,000 mark before recovering swiftly. 

The initial dip saw a cascade of long-position liquidations that exceeded $170 million, but as shorts piled in, BTC flipped higher and caught over-leveraged bears off guard.

QCP Group analysts shared this price movement detail via X on Monday.

As of writing, BTC is showing signs of steady accumulation above $92k. 

“Focus shifts to Wednesday’s FOMC,” QCP analysts noted. “A 25bp cut is priced, but balance-sheet guidance will guide risk. With $BTC still stuck between 84k and 100k, a break on either side could define the next major trend,” they added.

Support is from both institutional dip-buyers and retail accumulation, and a break in the $95,000-$105,000 region is likely.

Part of this is down to an ascending triangle pattern that has been developing on Bitcoin’s daily chart since mid-November. 

Bitcoin Price Chart
Bitcoin price chart by TradingView

The pattern, accompanied by contracting volatility and rising spot demand, offers a bullish outlook.

In Bitcoin’s case, a decisive close above the $92k level will bring $95k into play and the $100,000–$101,500 resistance zone. 

Renewed macro liquidity signals, buoyed by a positive Federal Reserve policy, will aid further technical breakout.

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Chainlink partners with Coinbase on Base–Solana bridge as LINK targets new breakout levels

  • Chainlink price hovered near $14, down 2% in the past 24 hours.
  • LINK remained under pressure despite two key integrations on Solana.
  • Coinbase and Chainlink have launched a Base-Solana bridge.

Chainlink continues to play a key role in the blockchain interoperability and asset tokenisation space, and that shows in the two latest integrations.

As a pivotal oracle network bridging decentralised finance (DeFi) with traditional systems, Chainlink’s traction is forecast to be a major factor for the native token LINK.

On December 5, 2025, LINK traded around $14.

Bulls were under pressure but remained upbeat amid recent advancements. Among these is the collaboration with Coinbase on the Base-Solana bridge and the integration into a Solana-based RWA consortium.

Chainlink and Coinbase to power Base-Solana bridge

Three major industry players here: Coinbase, Chainlink and Solana. Industry reaction to their latest collaboration highlights the potential impact.

Simply, the launch of the Base-Solana bridge marks a significant milestone in multi-chain connectivity. Chainlink’s Cross-Chain Interoperability Protocol (CCIP) serves as the security backbone alongside Coinbase’s node operators.

As announced, this mainnet deployment enables seamless asset transfers between Base and Solana.

CCIP will help verify all messages, ensuring tamper-proof and reliable token movements on Solana. In this case, users can now deposit SOL into Base applications, import any Solana Program Library (SPL) token, and export Base assets back to Solana.

“The bridge is now live on mainnet and rolling out for anyone to use in apps including Zora, Aerodrome, Virtuals, Flaunch, and Relay,’ Base said in a blog post. “Users will be able to trade SOL, CHILLHOUSE, TRENCHER, and many more Solana assets on Base.”

Chainlink joins RWA initiative on Solana

Another major development is news that Chainlink has joined the newly formed RWA Consortium on Solana. The initiative, led by Figure Technology Solutions in partnership with Kamino Finance, CASH, Raydium, Privy, and Gauntlet, was announced on December 4, 2025.

Experts say real-world assets onchain value will grow exponentially in the next five years.

Early adoption has virtually every RWA now onchain and Solana plays a key role in this space. Chainlink too.

The new alliance aims to democratize access to over $1 billion in monthly onchain loan originations. First to deploy is PRIME,  a liquid staking token on the Hastra liquidity protocol.

“We’re democratizing access to institutional lending markets,” said Mike Cagney, founder and executive chairman of Figure. “For the first time, a DeFi user with $100 can participate in the same loan pools as major financial institutions, earning yields from real lending activity with full transparency and instant liquidity.”

LINK price forecast

Chainlink’s oracle infrastructure is central to this goal. Its technology will connect Solana’s developer-friendly environment with Figure’s $19 billion in tokenized loan originations.

These initiatives could further catalyse price appreciation for both LINK and SOL.

At the time of writing, LINK changed hands at $14 while Solana price hovered at $136. If prices rise further, the main short-term target will be highs above $26, last seen in August. SOL bulls will eye $200.

Other bullish catalysts will include crypto ETFs, regulatory clarity and a flip in global macroeconomic outlook.

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Bitcoin ETFs extend inflow streak as BTC price nears $93K

  • Bitcoin ETFs log five days of inflows as BTC climbs back above $93K.
  • Analysts say ETF outflows overstated as broader forces drove the sellof.
  • Vanguard’s crypto ETF reversal boosts institutional demand and sentiment.

Bitcoin exchange-traded funds continued to recover this week after suffering $3.48 billion in cumulative outflows during November, their second-worst month on record.

The products notched $58 million in net positive inflows on Tuesday, marking a fifth consecutive day of additions, according to data from Farside Investors.

The modest turnaround comes as Bitcoin trades back above the $89,600 flow-weighted cost basis for ETF investors, meaning the average holder is no longer sitting on unrealised losses.

Total crypto market sentiment has also improved following a period of heavy selling that pushed Bitcoin as low as the mid-$80,000s earlier this week. Other US crypto ETFs showed weaker performance. Spot Ether ETFs recorded $9.9 million in outflows on Tuesday, while Solana funds saw $13.5 million in net redemptions, Farside data showed. At press time, the Bitcoin price on OKX was around $92,622.

Outflows are not the main driver of Bitcoin’s decline

Market anxiety around large-scale sales from spot Bitcoin ETF holders appears to have overstated their direct impact on BTC’s downturn.

Bloomberg analyst Eric Balchunas pushed back on that narrative, questioning the simplistic linkage often made between ETF outflows and price weakness.

“I just read that Citi analysts say that for every $1 billion pulled from Bitcoin ETFs, it equals roughly a 3.4% drop in Bitcoin’s price. Ok, so then by that logic, since the ETFs have taken in +$22.5b of inflows YTD BTC should be up 77% this year,” Balchunas wrote on X.

His remarks highlight the role of broader market forces,  including leverage unwinds, macro uncertainty, and digital-asset treasury pressure,  behind the recent selloff, which erased more than $1 trillion in crypto market value since early October.

Bitcoin rises to its highest level since mid-November

Bitcoin extended its recovery on Wednesday, climbing as much as 2.6% to approximately $93,965 — its highest intraday level since November 17.  Ether and other major tokens also traded higher as the broader market attempted to establish a firmer footing after weeks of turbulence.

At the time of writing, the world’s largest cryptocurrency by market capitalisation gave up some of those gains to trade around $93,000.

The bounce was attributed partly to comments from US Securities and Exchange Commission Chair Paul Atkins, who reiterated that the agency plans to introduce a new regulatory framework, including a proposed “innovation exemption,” aimed at giving digital-asset firms more flexibility around issuance, custody and trading.

The remarks were interpreted as a step toward greater regulatory certainty for the sector, which has faced a patchwork of enforcement-driven oversight in recent years.

Vanguard reversal adds fuel to institutional demand

Institutional adoption received another lift after Vanguard, the world’s second-largest asset manager, reversed its long-standing policy and announced that it would allow clients to trade cryptocurrency-focused ETFs and mutual funds on its platform.

The change, effective this week, expands access to regulated crypto exposure for millions of US investors.

The move coincided with heightened expectations that the Federal Reserve will cut interest rates next week, strengthening Bitcoin’s appeal at a time when the dollar has softened, and risk appetite is improving.

Despite the rebound, the market is still showing signs of volatility.

The cryptocurrency market has remained under pressure since late October. However, the streak of inflows could suggest that Bitcoin may manage to end the year on a positive note.

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