Crypto Markets Bounce Back: BTC, ETH, XRP Spike Following Heavy Liquidations
December 2, 2025 · 10:24 PM
Bitcoin (BTC) surged past $90,000, resulting in $312 million in liquidations of crypto derivatives. Ethereum (ETH) also rose above $3,000 in anticipation of the Fusaka upgrade, while XRP increased by 7.3% to $2.14. Additionally, over $1 billion was added to ETFs last week, and Federal Reserve liquidity measures helped alleviate market pressures. This marked Bitcoin's most significant rally since May, driving a broader recovery in the cryptocurrency market.
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