[LIVE] Crypto News Today: Latest Updates for Dec. 12, 2025 – Crypto Market Edges Higher; L2s Outperform While ETH Holds Tight Near $3.2K

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Follow up to the hour updates on what is happening in crypto today, December 12. Market movements, crypto news, and more!
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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

Crypto markets edged higher over the past 24 hours, led by a 1.66% gain in Layer 2 tokens as Merlin Chain and Mantle climbed 4.99% and 4.07%, respectively. Bitcoin rose 1.37% to reclaim the $92,000 level, while Ethereum traded narrowly around $3,200, slipping 0.77%. Broader sector performance was similarly positive: Meme tokens gained 1.45%, Layer 1 assets rose 1.33% with Zcash up nearly 18%, and DeFi advanced 1.26% as Beldex jumped 13.63%. CeFi, PayFi, and RWA sectors also posted modest increases, with standout moves from Dash (+5.41%) and Keeta (+33.44%).

But what else is happening in crypto news today? Follow our up-to-date live coverage below.

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