|

Cryptocurrencies Price Prediction: Bitcoin, Zcash & Cryptos — Asian Wrap 01 December

Top 3 Price Prediction: Bitcoin, Ethereum, XRP face major losses as December begins

Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are off to a bearish start in December, with over 4% losses by press time on Monday. Bitcoin, Ethereum, and Ripple face renewed selling, risking further losses to $80,000 BTC, $2,100 ETH, and $1.90 XRP, respectively.

Top Crypto Losers: Zcash, Starknet, and Ethena lead losses amid bearish pressure

Zcash (ZEC), Starknet (STRK), and Ethena (ENA) start December on a bearish note, extending the pullback from last week. With double-digit losses over the last 24 hours, ZEC, STRK, and ENA are the top crypto losers and are at risk of further decline.

UK set to launch crypto tax evasion measures in 2026

UK crypto exchanges will be required to report detailed transaction data on resident users to HM Revenue & Customs (HMRC) starting January 1, 2026, strengthening tax compliance among crypto investors in the region.

Author

FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

More from FXStreet Team
Share:

Editor's Picks

JPMorgan urges stronger crypto safeguards as it expands blockchain business
JPMorgan executives called on US policymakers to adopt a measured regulatory framework for digital assets that balances innovation with robust safeguards, according to a report on Monday.
Crypto Overview: Solana, Zcash, and Hyperliquid rebound while Bitcoin remains below $60,000

The broader cryptocurrency market remains under pressure with Bitcoin below $60,000 on Tuesday, while Solana, Zcash and Hyperliquid emerge as top performers over the last 24 hours. Retail sentiment remains bearish with the Fear and Greed Index around 17 maintaining an “Extreme Fear” signal.

Bitcoin stalls at $60K as buyer conviction fades, Strategy authorizes BTC sales

Bitcoin is trading around the $60,000 level on Monday after a sharp decline last week. With the top crypto struggling to recover, analysts suggest the market remains firmly in defensive territory as investors await stronger signs of demand.

Strategy unveils plan allowing Bitcoin sales to fund stock buybacks, dividends and reserves

Strategy (MSTR) has unveiled a Digital Credit Framework to strengthen the company’s financial standing. Under the new framework, the world’s largest corporate holder of Bitcoin (BTC) will pivot from its previous accumulation strategy, opting to sell BTC in order to boost liquidity, fund dividend payments, execute stock buybacks, and strengthen cash reserves.

Bitcoin: BTC hits 20-month low, will the pain continue?

Bitcoin has remained under pressure this past week, losing over 5% as traders assess mixed signals from different parties involved in the Middle East conflict.