The crypto market is exploding today, December 3, 2025. Total market cap +7.4% to $3.24T, Bitcoin back above $93K, Ethereum above $3K, and NFTs leading with +11.87%. Here are the top stories driving the action.
1. Bitcoin Blasts Past $93K – Vanguard & Bank of America Open the Floodgates
- Vanguard (world’s 2nd-largest asset manager) officially reopened Bitcoin ETF access for its 50M+ clients today → $1B poured into BlackRock’s IBIT in the first 30 minutes alone
→ https://www.bloomberg.com/news/articles/2025-12-03/vanguard-opens-door-to-bitcoin-etfs-in-major-policy-reversal - Bank of America greenlights its 15,000+ wealth advisors to recommend up to 4% BTC ETF allocations starting January
→ https://www.coindesk.com/business/2025/12/03/bank-of-america-allows-wealth-advisors-to-recommend-bitcoin-etfs/ - Result: $58.5M net inflows into U.S. spot BTC ETFs yesterday
→ https://sosovalue.xyz/en
2. UK Officially Recognizes Crypto as Property
Historic Law Signed by King CharlesThe Property (Digital Assets etc) Act 2025 received Royal Assent, creating a new legal category for crypto & stablecoins
→ https://bills.parliament.uk/bills/3492
→ https://www.coindesk.com/policy/2025/12/03/uk-passes-law-formally-recognizing-crypto-as-property/
→ https://bitcoinmagazine.com/legal/uk-officially-recognizes-bitcoin-and-crypto-as-property
3. Ethereum’s Fusaka Upgrade Goes Live
ETH Jumps 9% to $3,055 Fusaka activated yesterday at 21:49 UTC, bringing PeerDAS, Verkle Trees, and a 150M gas limit
→ https://blog.ethereum.org/2025/12/02/fusaka-mainnet-announcement
→ https://phemex.com/academy/ethereum-fusaka-upgrade-2025
4. Binance BTC Reserves Hit All-Time Low
Classic Bull Signal Flashing 22,400 BTC (~$2B) withdrawn since Nov 23 → reserve ratio at record low
→ https://cryptoquant.com/asset/btc/chart/exchange-flow backstory/exchange-reserve?exchange=binance
→ https://thecryptobasic.com/2025/12/03/binance-bitcoin-reserves-hit-record-low-bullish-signal-flashes/
5. Real-World Assets (RWA) Sector Steals the Show
Up 8.15% TodayTokenized Treasuries + private credit now >$35B TVL
→ https://rwa.xyz
→ https://www.coingecko.com/en/categories/real-world-assets
Quick Price Snapshot (as of 18:00 UTC)
| Coin | Price | 24h % | Link |
|---|---|---|---|
| BTC | $93,127 | +7.1% | https://coinmarketcap.com/currencies/bitcoin/ |
| ETH | $3,055 | +9.1% | https://www.coingecko.com/en/coins/ethereum |
| XRP | $2.08 | +5.4% | https://coinmarketcap.com/currencies/xrp/ |
| SOL | $198.40 | +6.8% | https://www.coingecko.com/en/coins/solana |
The sentiment on X has flipped from “extreme fear” to “greed” in 48 hours. December just got very interesting.Which story has you most bullish?