The post Crypto Market Under Pressure—Why Bitcoin and Ethereum Plunge While Gold and S&P Mark ATH appeared on BitcoinEthereumNews.com.

The post Crypto Market Under Pressure—Why Bitcoin and Ethereum Plunge While Gold and S&P Mark ATH appeared first on Coinpedia Fintech News The crypto market has come under pressure today, with Bitcoin, Ethereum, and major altcoins like XRP experiencing bearish pressure. While the price action may look concerning, this decline is not being driven by panic or bad news. Instead, market data points to a technical reset driven by leverage, liquidity conditions, and short-term positioning. The pullback comes at a time when Gold made a remarkable rise to $4500 while the S&P 500 closed above 9000 for the first time in history.  Understanding these factors is crucial in determining whether this move signals a deeper weakness or a temporary pullback. Leverage Unwind Is Driving the Sell-Off Over the last 24 hours, more than $180–$220 million in leveraged positions were liquidated across the crypto market, with Bitcoin and Ethereum accounting for over 60% of the total. BTC alone saw roughly $65–75 million in liquidations as the price slipped below short-term support. Funding rates, which were holding +0.015% to +0.02% on perpetuals earlier, have started compressing toward neutral. This confirms the move is driven by crowded long positioning getting flushed, not aggressive new short selling. Spot Buying Has Slowed Down Spot market data shows declining follow-through. Bitcoin spot volumes are down roughly 25–30% week-on-week, while exchange net flows remain neutral rather than strongly positive or negative. ETF-related inflows have slowed compared to last week, reducing passive bid support. This means the derivatives selling pressure is not being absorbed quickly by spot buyers. When leverage dominates volume and spot participation fades, price typically drifts lower until forced selling exhausts itself. What’s Next for the Bitcoin Price & Crypto Markets? Crypto markets are pulling back at a time when Gold and the S&P 500…

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Filed under: News - @ December 24, 2025 9:23 am