Crypto Pullback Hits Majors; Zcash Stands Firm - December 5, 2025, 10:30 AM IST
Bitcoin falls 1.34% to $92K on declining volume, Ethereum and Solana dip, XRP down 4.6%, Zcash surges 9% with 11.82% funding amid sharp volume drops across majors. Latest crypto market trends for December 5.
Friday shows broad weakness across majors with sharp volume declines signaling reduced trader conviction, while Zcash continues its volatile outperformance:
- Bitcoin slips 1.34% to $92,000 as volume contracts 38.68% to $521.79M, funding up slightly to 0.16% amid consolidation near key support levels.
- Ethereum eases 0.7% to $3,200 with volume down 21.93% ($430.36M), funding steady at 0.03% as buyers pause after recent rally.
- XRP drops 4.59% to $2.086 on lighter volume (-9%, $184.55M), funding at 0.48% reflecting cautious positioning post-recovery.
- Solana declines 3.82% to $138.61, volume falls 11.31% ($151.73M), funding climbs to 0.72% amid ETF flow adjustments.
- Zcash surges 8.99% to $388.91 despite volume dropping 26.92% ($136.08M), with funding spiking to 11.82% indicating aggressive bullish speculation.
Market Insights
- Volume contraction across majors suggests fading momentum from yesterday's rebound, with traders awaiting fresh catalysts.
- Bitcoin and Ethereum test support zones as funding remains low, indicating limited leverage driving current price action.
- Zcash's extreme funding and price divergence highlight continued privacy coin speculation amid broader market caution.
- XRP and Solana face resistance after recent gains, with ETF flows providing underlying support but short-term selling pressure evident.
LuwakTech analytics track volume compression, funding extremes, and support tests in real-time - crucial for navigating December's choppy crypto landscape.
