[LIVE] Crypto News Today: Latest Updates for Dec. 05, 2025 – Bitcoin Trades Below $93K as PayFi and DeFi Lead Market Declines
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We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Jai serves as the Asia Desk Editor for Cryptonews.com, where he leads a diverse team of international reporters. Jai has over five years of experience covering the web3 industry.
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We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
![[LIVE] Crypto News Today: Latest Updates for Dec. 05, 2025](https://cimg.co/wp-content/uploads/2025/12/05045025/1764910225-dec-05.jpg)
Crypto markets saw a broad-based pullback after several days of steady gains, with the PayFi sector leading losses at nearly 4%. XRP slid 4.37%, while Bitcoin dipped 1.06% to fall back below $93,000 and Ethereum dropped under $3,200. Despite the overall downturn, a few tokens outperformed: Dash and Ultima climbed over 3% and 5%, respectively; Zcash spiked 10% in the Layer 1 sector; and Merlin Chain surged nearly 10% intraday. Other major sectors, including CeFi, Layer 2, Meme, and DeFi, posted declines, though pockets of strength emerged with OKB, Fartcoin, and MYX Finance recording notable gains. Sector indices reflected the broader cooling, with CeFi, Layer 1, and DeFi indices slipping between 2% and 4.4%.
But what else is happening in crypto news today? Follow our up-to-date live coverage below.
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- [LIVE] Fed Payments Innovation Conference: Real-Time Updates as Federal Reserve Discusses Crypto, Stablecoins, and AI with Industry Leaders
- Crypto Market Prospect: After the Washout, the Soil Looks Richer
- China’s DeepSeek AI Predicts the Price of XRP, BTC, and DOGE By the End of 2025
- [LIVE] Crypto Market Update: Bank of Japan Raises Rates by 25 bps; Crypto Markets Extend Slide as BTC Breaks Below $86K
- Why Is Crypto Up Today? – December 19, 2025
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