Why Crypto Is Up Today [Live] Updates On Dec 3,2025

Analyst Van de Poppe notes that ZEC hasn’t delivered upward returns lately. During its peak, hype around ZEC drove prices up, but long liquidity was taken out, causing a sharp drop. According to him, this phase of liquidation is now complete, creating the potential for a bounce from current levels. However, he cautions that this doesn’t signal a full trend reversal yet—investors should view it as a short-term recovery opportunity rather than a sustained uptrend.

Eric Balchunas highlights the “Vanguard Effect” as Bitcoin jumped 6% right around the U.S. market open, the first day after Vanguard lifted its Bitcoin ETF ban. The move sparked $1 billion in BlackRock’s IBIT ETF volume in just 30 minutes. Even traditionally conservative Vanguard investors are now adding crypto exposure, showing that demand for regulated ETFs is strong. The shift marks a major catalyst for institutional and retail participation in Bitcoin.

Vanguard’s decision to allow spot crypto ETF trading could reshape the market. Even a tiny share of its $11 trillion assets flowing into Bitcoin and crypto ETFs would exceed inflows from the entire 2024 ETF cycle. Crypto ETFs are now proven, with BlackRock’s IBIT hitting $80B+, Ethereum ETFs growing fast, and new XRP and SOL ETFs launching. With improved regulation and wider access across banks and brokers, Vanguard’s entry signals deeper institutional adoption and a powerful new demand wave.

Vanguard, which manages $11 trillion for over 50 million investors, has officially reversed its anti-crypto stance. Starting today, clients can trade Bitcoin, Ethereum, XRP, and Solana spot ETFs from BlackRock, Fidelity, Grayscale, VanEck, and Bitwise. The shift follows the arrival of new CEO Salim Ramji, who helped launch BlackRock’s IBIT ETF. With even a small 0.5% portfolio allocation, Vanguard could send over $55 billion into crypto ETFs—creating one of the biggest institutional catalysts yet.

Ripple has entered the tokenized U.S. Treasury market through a new partnership with OpenEden, marking a big step toward bringing real-world assets on-chain. The move connects XRP’s ecosystem to one of the fastest-growing areas in crypto, giving users access to yield-backed Treasury products. With real-world assets expected to grow into a multi-trillion-dollar market, Ripple’s push positions XRP for deeper institutional use and stronger long-term demand.

Glassnode reports that if Bitcoin climbs past the $93,000 level, it could set off significant liquidations of short positions. Such a short squeeze may give BTC strong upward momentum, potentially pushing the price higher in a fast move. The $93K mark is now seen as a key resistance level for the market.

Bitcoin is recovering strongly after its brief dip on the 1st of this month, showing renewed bullish momentum. Traders are watching the $92,000 level closely — a breakout above this zone could trigger a push toward a new all-time high and potentially a test of $100K. With BTC climbing again and market sentiment improving, it’s shaping up to be a strong day across the crypto market.

Bitcoin was rejected at the $93,000 level last week, but as it makes another attempt to break through today, large clusters of short liquidations are forming. These liquidations can act as fuel for an upside move, as forced buying adds extra momentum to the rally. If BTC clears $93K this time, the squeeze could push the price sharply higher.

Bitcoin surged nearly 6% right after the U.S. market opened , and the reason is clear. Vanguard lifted its ban on Bitcoin ETFs, allowing its clients to access them again. This triggered fresh institutional inflows, mainly through BlackRock’s IBIT ETF. Within just two hours, IBIT recorded over $1.8 billion in trading volume. The move shows strong renewed demand from big investors, helping push BTC higher.