December 4 Crypto Market Overview

The market is relying on US stocks and policy support again. Yesterday, the robotics sector suddenly took over the AI narrative—no idea how long this hype will last.

**Major Coins Update**

BTC is still stuck in the choppy mud. Last night, it dropped from 93,000 straight down to 91,600, which was a scare, but it slowly climbed back up. Now it's consolidating around 93,500. ETH is showing some strength, charging upwards and looks like it's about to firmly hold 3,200. Last week's losses have basically been recovered.

As for SOL, there's still a long way to go. On-chain activity is picking up, but the rally still feels lacking. Maybe this ETF with staking yields could bring some surprises? Let's hold and see.

**Institutions and Regulatory Moves**

The Fed has finally ended its three-year streak of losses and returned to profitability. CME data shows an 89% chance of a 25 basis point rate cut in December—almost a sure thing.

A leading trading platform has partnered with Komainu to launch an institutional-grade custody solution, offering 24/7 secure trading. Another compliant platform is collaborating with several major banks to roll out crypto pilot projects, moving quite fast.

The Ethereum mainnet Fusaka upgrade was successfully activated, greatly improving data processing capabilities. Charles Schwab announced it will offer BTC and ETH trading services at the beginning of 2026—traditional financial giants are stepping in faster and faster.

**Prediction Markets on the Rise**

Polymarket has returned to the US and launched an app. Fanatics has also partnered with a crypto platform to launch Fanatics Markets. Is everyone jumping into prediction markets now?

**Industry Voices**

BlackRock predicts the surge in US debt will drive institutional allocation to crypto assets. Their CEO publicly admitted that opposing Bitcoin in the past was a mistake—a real shift in attitude.

Bank of America poured cold water, saying the S&P 500 rally will fade by 2026. CryptoQuant analyzed that a certain company is building up dollar reserves to prepare for a bear market—by the way, there was an 80% crash in 2021-2022 without any reserves, now they're preparing for a 99% crash?

**Policy Updates**

The SEC Chair said the Bitcoin market structure bill is about to pass and emphasized continuing to push tokenization. Meanwhile, the bond market is worried a certain official will use rate cuts to curry favor with the top, and has already warned the Treasury Secretary.

The government is considering issuing an executive order for the robotics industry next year—robotics concept stocks in the US market have already surged in anticipation.