

Bitcoin and Ethereum led gains in crypto prices today, with top altcoins trading in the green.
The Fed's interest rate decision was the biggest market driver on December 8, keeping traders cautious.
Robinhood’s move into Indonesia highlights rising global crypto adoption, especially in emerging markets.
Crypto prices today showed bullish sentiments. Despite mixed signals from traditional markets, Bitcoin and Ethereum led gains as traders awaited key global economic cues. Most top altcoins followed suit, traded in the green. It reflected cautious optimism ahead of the Federal Reserve’s policy decision this week. Here’s what happened in the market today based on CoinMarketCap data.
Bitcoin price climbed 1.57% over the past 24 hours to $91,145.96. The leading cryptocurrency's market cap stood at $1.82 trillion at press time. Trading volume hit $52.3 billion as BTC continues to hold near recent highs.
According to CoinSwitch Markets Desk, “BTC traded in a $88,000-$90,000 consolidation range, with repeated dips consistently bought up. Momentum remained soft, but a sharp rebound briefly pushed BTC above $91,000, likely driven by dip-buying, where it continues to stabilise.”
CoinSwitch analysts further explained, “Historically, Bitcoin often softens ahead of FOMC announcements and turns volatile as traders react to Fed guidance. A clean break above $91,000-$92,000 could strengthen momentum, while dips toward $88,000 may still attract buyers unless macro volatility increases.”
Ethereum price rose 1.92% to $3,114.90, becoming one of the strongest performances among the world’s top ten tokens. ETH's market cap is $375.9 billion with $22.9 billion in 24-hour trading volume, and a 120.69 million token supply. Meanwhile, Stablecoins held steady. Both Tether and USD Coin kept their $1 peg.
XRP price gained 0.17% to $2.07, bringing its market capitalization to $125.2 billion. BNB was up 0.50% at $902.21, while Solana price increased 0.58% to $134.31. Cardano surged 0.84% to $0.4233, and Dogecoin soared 0.06% to $0.1404. TRON showed a minor correction of 0.09% to $0.2869.
Also Read: What’s Next for Ethereum in December 2025?
Here are the top headlines impacting crypto prices today.
The biggest crypto news impacting crypto prices today is the Federal Reserve meeting due on December 9. Interest rate futures show an 85% chance of a quarter-point cut in the current 3.75% to 4% range. However, market pricing suggests traders are more cautious about future moves, with only a 24% probability of another January cut and expectations for the next easing are pushed out to July.
Fed policy shapes the dollar's strength, overall liquidity conditions, and how attractive hard-cap assets like Bitcoin appear to investors. Some market watchers note that concerns about political pressure on Fed independence could eventually push rates too low. Thus, potentially creates inflation risks that make Bitcoin's fixed supply more appealing as a long-term hedge. Central banks in Canada, Switzerland, and Australia also meet this week, though most are expected to keep policy unchanged.
Trading platform Robinhood announced on December 7 that it will acquire two Indonesian fintech companies to enter one of Southeast Asia's fastest-growing markets. The deals for Buana Capital brokerage and PT Pedagang Aset Kripto, a licensed digital asset trader, give Robinhood access to a market with 17 million crypto investors and 19 million capital market participants.
Indonesia ranks seventh globally in crypto adoption according to Chainalysis and leads Southeast Asia. The country's crypto transaction value tripled in 2024 to reach $39.7 billion. Robinhood plans to eventually offer its full range of crypto and stock trading products to Indonesian customers, with the acquisition expected to close in the first half of 2026. The move shows major platforms continue betting on international expansion as crypto adoption grows worldwide.
Also Read: Crypto News Today: US Securities Regulator Outlines Blockchain Integration Plan Under Project Crypto
Crypto prices today reflect a holding pattern as traders await Fed guidance on rate policy. With technical levels holding and adoption continuing to expand in emerging markets, the coming week's central bank decisions will likely set the tone for year-end positioning across digital assets.
1. Why are crypto prices up today?
The largest contributing factor to the rising crypto price is a combination of increased investor confidence and anticipation of the Federal Reserve implementing a rate cut. Lowering rates increases liquidity, which in turn drives greater demand for riskier assets like Bitcoin and Ethereum.
2. How is the Fed's decision impacting the crypto market?
The Federal Reserve's decision on rates can create uncertainty in the market. However, there is still a strong probability of at least a small rate cut. When there is a potential rate cut, the demand for Bitcoin and other cryptocurrencies is likely to increase due to the likelihood of devaluing the US dollar, thereby encouraging more people to take risks with their money.
3. Why is Bitcoin acting more stable than other investments right now?
Bitcoin tends to stay pretty steady even when things are a bit shaky because its supply is limited, which makes it attractive for protecting against rising prices. Plus, it's easy to trade large amounts of it, big financial institutions are getting involved, and it's already a major player, all of which help it handle ups and downs better than those smaller, less-known crypto coins.
4. What's making Ethereum's price go up today?
Ethereum's price is getting a boost from strong trading activity and a generally optimistic view of upcoming improvements to its network and its ability to handle more users. People are also feeling good about the development of apps built on Ethereum and the potential earnings from staking, which keeps demand for ETH strong.
5. Is the news about Robinhood in Indonesia a big deal for the crypto world?
Yeah, Robinhood must be expanding into Indonesia, because that area is one of the fastest-growing crypto markets. With tons of active users and crypto adoption accelerating, this move really shows how much the world wants crypto and makes people feel more positive about its long-term growth.
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