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Asia Morning Briefing: Fed Cut Brings Little Volatility as Bitcoin Waits for Japan

2025/12/11 10:17
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Asia Morning Briefing: Fed Cut Brings Little Volatility as Bitcoin Waits for Japan

CryptoQuant data shows seller exhaustion as whales pull back from exchanges, while traders prepare for a closely watched BOJ meeting that could influence global liquidity.

By Sam Reynolds
Dec 11, 2025, 2:17 a.m.

What to know:

  • Bitcoin remains stable above $91,000 as the Federal Reserve cuts rates by 25 basis points.
  • Market attention shifts to Japan, where a rate hike is expected at the upcoming Bank of Japan meeting.
  • Gold prices rise following the Fed's rate cut, while silver hits a record due to strong demand and tight supply.

Good Morning, Asia. Here's what's making news in the markets:

Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk's Crypto Daybook Americas.

Bitcoin held its footing as Hong Kong began its business day, trading above $91,000, after the Federal Reserve cut rates by 25 basis points and acknowledged elevated uncertainty around the U.S. outlook.

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The calm reflects more than central bank action. In its most recent report, CryptoQuant writes that exchange inflows have dropped sharply from November highs and whales have scaled back deposits, reducing near-term sell pressure and allowing the market to settle into a narrow range.

CryptoQuant also highlights that whales realized losses of more than $600 million when BTC first broke below $100,000, followed by an estimated $3.2 billion in cumulative losses. Short-term holders have been selling at negative profit margins since mid-November, a pattern that typically appears only after sentiment has already capitulated. Historically, that combination signals the point where selling pressure begins to exhaust itself.

That backdrop has kept Bitcoin pinned around $92,000 despite several macro catalysts.

QCP says the current stability should not be confused with conviction. The desk describes a market still in a holding pattern, noting that ETF inflows have improved only modestly and derivatives positioning remains cautious.

Attention is now shifting to Tokyo, where prediction markets overwhelmingly expect a 25-basis-point hike at the December 19 Bank of Japan meeting. QCP argues that the next major driver sits in the country, where long-end JGB yields are pressing multi-decade highs and policymakers have signaled discomfort with the speed of the move.

The market is steady today, although the path forward now depends on how Japan’s decision reshapes global risk appetite.

Market Movement

BTC: Bitcoin spent the session moving quietly between $91,000 and $92,000, showing little reaction to the Fed cut, as onchain flows kept volatility contained.

ETH: Ether tracked the same muted tone, holding near $3,270 with no clear catalyst to break it out of its recent range.

Gold: Gold rose after the Fed’s rate cut despite lingering uncertainty over next year’s policy path, while silver hit a record as strong industrial demand and tight supply continued to lift prices.

Nikkei 225: Most Asia Pacific markets moved higher after the Fed’s third rate cut of the year, although Japan’s Nikkei 225 opened strong before slipping 0.11 percent.

Elsewhere in Crypto

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Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse?

Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse?

Whales offload 200 million XRP leaving market uncertainty behind. XRP faces potential collapse as whales drive major price shifts. Is XRP’s future in danger after massive sell-off by whales? XRP’s price has been under intense pressure recently as whales reportedly offloaded a staggering 200 million XRP over the past two weeks. This massive sell-off has raised alarms across the cryptocurrency community, as many wonder if the market is on the brink of collapse or just undergoing a temporary correction. According to crypto analyst Ali (@ali_charts), this surge in whale activity correlates directly with the price fluctuations seen in the past few weeks. XRP experienced a sharp spike in late July and early August, but the price quickly reversed as whales began to sell their holdings in large quantities. The increased volume during this period highlights the intensity of the sell-off, leaving many traders to question the future of XRP’s value. Whales have offloaded around 200 million $XRP in the last two weeks! pic.twitter.com/MiSQPpDwZM — Ali (@ali_charts) September 17, 2025 Also Read: Shiba Inu’s Price Is at a Tipping Point: Will It Break or Crash Soon? Can XRP Recover or Is a Bigger Decline Ahead? As the market absorbs the effects of the whale offload, technical indicators suggest that XRP may be facing a period of consolidation. The Relative Strength Index (RSI), currently sitting at 53.05, signals a neutral market stance, indicating that XRP could move in either direction. This leaves traders uncertain whether the XRP will break above its current resistance levels or continue to fall as more whales sell off their holdings. Source: Tradingview Additionally, the Bollinger Bands, suggest that XRP is nearing the upper limits of its range. This often points to a potential slowdown or pullback in price, further raising concerns about the future direction of the XRP. With the price currently around $3.02, many are questioning whether XRP can regain its footing or if it will continue to decline. The Aftermath of Whale Activity: Is XRP’s Future in Danger? Despite the large sell-off, XRP is not yet showing signs of total collapse. However, the market remains fragile, and the price is likely to remain volatile in the coming days. With whales continuing to influence price movements, many investors are watching closely to see if this trend will reverse or intensify. The coming weeks will be critical for determining whether XRP can stabilize or face further declines. The combination of whale offloading and technical indicators suggest that XRP’s price is at a crossroads. Traders and investors alike are waiting for clear signals to determine if the XRP will bounce back or continue its downward trajectory. Also Read: Metaplanet’s Bold Move: $15M U.S. Subsidiary to Supercharge Bitcoin Strategy The post Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse? appeared first on 36Crypto.
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