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[LIVE] Crypto Market Update: 10x Research Flags Cracks in 2026 Bullish Narrative as Bitcoin Reclaims $87K Amid Extreme Fear

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Follow up to the hour updates on what is happening in crypto today, December 17. Market movements, crypto news, and more!
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We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
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Jai Pratap
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Jai serves as the Asia Desk Editor for Cryptonews.com, where he leads a diverse team of international reporters. Jai has over five years of experience covering the web3 industry.

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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
[LIVE] Crypto Market Update: Bitcoin Reclaims $87K Amid Extreme Fear

Crypto markets staged a tentative rebound even as macro warning signs continued to flash. Bitcoin climbed 2% to reclaim the $87,000 level, while Ethereum remained range-bound near $2,900, according to SoSoValue data. Gains were broad-based across SocialFi, PayFi, RWA, and Layer 1 sectors, with standout moves in TON, TEL, OM, and SUI, though AI and NFT tokens lagged. The rebound comes against a cautious backdrop highlighted by 10x Research, which warned that widespread optimism around 2026 is increasingly disconnected from underlying data. Despite the bounce, the crypto fear and greed index sits at 16, firmly in “extreme fear,” suggesting investor confidence remains fragile.

But what else is happening in crypto news today? Follow our up-to-date live coverage below.


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Market Overview

  • 7d
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Market Cap
$2,368,841,965,843
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Trending Crypto
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Jai Pratap
Jai serves as the Asia Desk Editor for Cryptonews.com, where he leads a diverse team of international reporters. Jai has over five years of experience covering the web3 industry.
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