Overview
- Bitcoin trades near $93,000 after tumbling to about $81,000 in November.
- JPMorgan says last month’s drop does not mark the start of a new crypto winter and reiterates a positive outlook on digital assets.
- Stablecoin settlement volumes grew for a 17th consecutive month, which the bank cites as evidence of market resilience.
- Standard Chartered cut its 2025 Bitcoin target to $100,000 yet said crypto winters are likely a thing of the past.
- Prediction market Myriad now assigns around a 6% chance of a crypto winter by February 2026, down from 16% four days earlier.