Crypto Price Today: Bitcoin Trades Above $93,000, Ethereum Eyes Breakout Toward $3,200

Crypto Price Today: Bitcoin Trades Above $93,000, Ethereum Approaching $3,200 as Global Market Cap Stands at $3.18 trillion
Crypto Price Today:
Written By:
Bhavesh Maurya
Reviewed By:
Sankha Ghosh
Published on

Overview:

  • The global crypto market cap rose 1.23% to $3.18 trillion, supported by improving liquidity, stronger investor sentiment, and continued institutional inflows.

  • Bitcoin stayed above $93,000 with steady accumulation from long-term holders, while Ethereum approached the key $3,200 breakout zone with rising network activity.

  • Major altcoins posted moderate gains, while memecoins saw mild upward movement driven by market participation and community momentum.

On December 4, 2025, the overall market capitalization of cryptocurrencies increased to $3.18 trillion, a rise of 1.23% in the past 24 hours. The market sentiment is still positive as the global liquidity is getting better, the investors are willing to take risks, and the institutional flows maintain upward momentum.

Bitcoin (BTC): Trading Steady Above $93,000 

Bitcoin is currently trading at $93,294, up 0.19% over the last 24 hours. BTC continues to hold above $91,000, reflecting buying interest despite broader market consolidation. 

Immediate resistance is near $94,400, while strong support is seen at $90,200.

Exchange outflows continue to rise as long-term holders accumulate aggressively. Miner activity also remains healthy, supported by steady hash rate growth and robust transaction demand across the network.

Analysts believe that if BTC stays above the $90,000-$91,000, the next target could be $93,800, especially if derivatives market liquidity remains favorable and spot ETF inflows continue.

Also Read: Bitcoin Price Climbs to $93,693 After Sharp Rebound in Global Crypto Trading

Ethereum (ETH): Approaching $3,180 

Currently, Ethereum is trading at $3,193, up 4.40% in the last 24 hours. Ethereum has recently formed a new upward trend with its current price near the formerly significant resistance level of $3,200, and the next nearest support level is around $3,080. 

However, L2 network transaction volumes have recently experienced increased daily activity along with increasing levels of daily wealth being transferred within the DeFi ecosystems over time.

This week saw an increase in staking deposits that restricted the supply of ETH by moving more tokens out of circulation. Increased interest from institutional investors in creating structured ETH products indicates their overall level of optimism about the larger protocol improvements expected in mid-2026.

Also Read: Why Ethereum Dropped and What it Means for December 2025

Altcoins: 

Solana (SOL)

SOL is trading at $144.03, up 1.24% in the last 24 hours. Resistance can be seen at $147.20, whereas support can be found near $141.60. 

With continued growth in the volume of transactions within high-speed DeFi apps and the expansion of tokenization projects created through partnerships between Solana and other businesses, Solana has experienced increased transaction volume from users in the blockchain space.

Chainlink (LINK)

LINK currently trades at $14.52, showing an increase of 2.57% in the last 24 hours. Immediate resistance is at $14.90, and significant support is at $14.10.

As Chainlink builds on the momentum created by its growing adoption of the CCIP cross-chain messaging standard, confidence continues to build surrounding its significance as an underlying layer for cross-chain interoperability between blockchain networks.

Near Protocol (NEAR)

Currently, NEAR is priced at $1.88. The asset has gained 3.24% during the last 24 hours. On the upside, the next resistance level has been established at $1.94. On the downside, a support level is at $1.82.

Recent funding and increased developer activity are providing strength to support the upward trend in the NEAR Ecosystem.

Binance Coin (BNB)

BNB is currently valued at $913.61, a 2.22% increase over the past day. $928 is the next immediate resistance, whereas $898.50 is the next major support zone.

The increase in price of BNB has also been assisted by increasing activity on the BNB Chain ecosystem as a result of increasing DEX volume, new liquid staking options, and growing developer adoption.

Memecoins: 

Pepe (PEPE)

In the past day, PEPE has increased 3.75% to $0.000004817. Immediate resistance sits at $0.000004960, and support is around $0.000004680.

PEPE's momentum continues to build due to an increase in social sentiment and liquidity on Ethereum-based decentralized exchanges.

dogwifhat (WIF)

WIF's current price is $0.4028, a 0.43% increase over the past day. Resistance is at the $0.4170 level, and its support is located below at $0.3920.

As one of the most prominently traded memecoins in Solana, WIF maintains an active and engaged community behind it, as well as continuing to exhibit consistent volume of usage through transactions on-chain.

Market Outlook

The 1.23% rise in total market capitalization indicates a strengthening belief in the crypto landscape. The two leading coins, Bitcoin and Ethereum, continue to hold their positions above the main support levels with structural strength.

If Bitcoin surpasses $94,400 and Ethereum crosses $3,200, analysts predict that the market will regain bullishness.

Even with some fluctuations, the major trend is still upwards, and it is supported by the factors of increased liquidity, growing developer ecosystems, and steady institutional participation.

FAQs:

1. Why is the crypto market rising today?

The market is up due to improved global liquidity, risk-on sentiment, and steady institutional flows across major assets.

2. What is driving Bitcoin above the $93,000 mark?

Strong accumulation, reduced exchange supply, and healthy miner activity are supporting BTC’s price stability.

3. Why is Ethereum approaching $3,200?

ETH is gaining momentum from increased L2 activity, higher staking deposits, and rising interest from institutional investors.

4. Which altcoins are performing well today?

SOL, LINK, NEAR, and BNB all posted gains as ecosystem growth, cross-chain activity, and rising on-chain usage supported their price moves.

5. What could trigger the next market rally?

A BTC breakout above $94,400 and ETH crossing $3,200 may spark renewed bullish momentum across the entire crypto market.

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