Dec 25, 2025
🍪 Today’s Snack
Crypto market dipped -0.8% over 24 hours, total cap at $2.94T. Bitcoin fell -0.5% to $87K, extending year-end caution, while small-cap projects like Canton CC pumped on hype amid stable fear sentiment.
📈 24h Crypto Market Snapshot
Total crypto market cap at $2.94T, down -0.8% in 24 hours. Fear & Greed Index at 28 - fear, stable but reflecting ongoing risk aversion in low holiday volume.
Asset | Price (USD) | 24h Change (%) | Cap (USD) |
|---|---|---|---|
BTC | 87436 | +0.75 | 1.74T |
ETH | 2925 | +0.15 | 352B |
BNB | 840 | +0.57 | 115B |
SOL | 122 | +0.41 | 68B |
XRP | 1.86 | +0.72 | 112B |
DOGE | 0.126 | -0.46 | 21B |

What does low holiday volume mean? Reduced trading during holidays often amplifies moves in smaller assets in 'crypto liquidity cycles' - majors consolidate while niches capture attention.
🔥 Top 3 Movers & Shakers
Canton CC: +15.5% in 24 hours. Community-driven token rallied on social hype and volume spike. Takeaway: Small-cap projects pump fast on buzz - check social sentiment and transfers to spot real vs short-term interest.
Zcash (ZEC): +9.2% in 24 hours. Privacy coin gained on renewed anonymity demand. Takeaway: Privacy narratives flare in uncertain times - monitor wallet activity for sustained traction.
Bittensor (TAO): +7.1% in 24 hours. AI-focused token rose on ecosystem updates. Takeaway: Niche narratives like AI attract in dips - track developer activity for long-term signals.
How to spot sustainable gainers? Volume relative to cap and fundamentals matter in 'crypto top gainers analysis' - hype-driven spikes often fade without backing.
🏦 ETF & Institutional Flows
Net flows on December 24: Bitcoin ETFs -175.3M, Ethereum ETFs -52.8M. Continued outflows reflect holiday caution and year-end positioning.
Analysis: Persistent negative flows pressure prices, though volumes low.
Bitcoin ETF Flow (US$m)

Ethereum ETF Flow (US$m)

How do ETF flows signal trend shifts? Consistent inflows/outflows act as leading indicators in 'institutional flow analysis' - reversals like recent BTC rebound often precede price turns as big money repositions.
⛓️ On-Chain Metrics Today
Bitcoin long-term holder supply stable at ~70%, whale activity low. Reserves steady, funding rates negative.
Takeaway: On-chain quiet in holiday lull, limited selling pressure.
Why watch whale accumulation? Large holders moving coins off exchanges signals confidence in 'crypto whale behavior' - patterns like current mid-tier buying often support prices during fear phases.
🌍 Macro Pulse
Quiet holiday day with no major releases. Fed steady, inflation monitoring ongoing. Trade tensions and year-end positioning linger.
How does holiday trading affect crypto? Low volume amplifies volatility in 'crypto seasonal patterns' - majors stable, niches move on thin liquidity.
💡 Market Trend Spotlight
Small-cap and niche tokens leading gains
Canton CC +15.5%, Zcash +9.2%, Bittensor +7.1% topped movers while majors dipped.
Observations: Holiday low volume favors hype-driven small-caps - trend shows rotation to narratives in quiet periods, with dominance stable at 59.1%.

How to read holiday trends? Thin liquidity boosts niche moves in 'crypto seasonal analysis' - watch volume return for confirmation.
📰 Top News
ETF outflows -175M BTC: Institutional caution persists with tax-loss selling.
Small-cap tokens like Canton CC pump +15%: Hype rotation in low-volume holiday trading.
Privacy coins Zcash and Monero gain traction: Renewed anonymity interest amid uncertainty.
AI tokens like Bittensor rally +7%: Narrative plays shine in quiet market.
Regulatory silence over holidays: Bill delays extend into 2026, sentiment steady.
📊 Daily Wrap-Up
Market dipped -0.8% to $2.94T in low holiday volume, BTC -0.5% stable. Outflows continued, small-cap hype led gains. Fear at 28 holds, macro quiet - watch volume return and institutional flows post-holidays for direction.
P.S. 4-6 min read. Free daily alpha. Unsubscribe anytime. © Web Snack 2025.
This newsletter is for informational purposes only and does not constitute investment advice. Always conduct your own research and make independent decisions.

