Bitcoin Rebounds to $92,000 as Vanguard-BlackRock Bitcoin ETF News and BoA Crypto Guidance Boost Markets
BTC/USDT
$17,366,629,629.18
$71,554.95 / $68,531.50
Change: $3,023.45 (4.41%)
-0.0023%
Shorts pay
The crypto market delivered a measured rebound on December 3, with major assets reclaiming losses from December 1. Bitcoin briefly traded near $92,000 while Ethereum hovered around $3,000, underscoring renewed risk appetite across risk assets.
In sector news, Vanguard will enable trading of the Bitcoin spot ETF under BlackRock’s management, marking a landmark for its 8 million self-directed clients. Bank of America advised a 1%–4% allocation to digital assets.
During a press briefing, Trump indicated Hassett could assume the Fed Chair role, signaling a policy path that some traders view as crypto-friendly and potentially supportive of liquidity-sensitive markets.
Separately, the Federal Reserve confirmed the end of quantitative tightening, with analysts noting a delayed liquidity effect yet a still-positive backdrop as equities and tech names snapped higher.
In Asia, a stabilized Japanese bond auction eased fears of an imminent rate rise, contributing to a calmer regional environment for crypto risk assets.