Switch to Long-Term Thinking: Crypto Daybook Americas
Bitcoin hovers near $91,300 amid market volatility, while institutional support grows and traders shift towards yield strategies signaling long-term thinking.Summary
The Crypto Daybook Americas for December 5, 2025, reports Bitcoin trading around $91,300 after a 2.2% drop, underperforming the wider market's 3.2% decline. The backdrop is complicated by a prolonged U.S. government shutdown and layoff news, though institutional adoption remains strong, evidenced by Vanguard opening ETF access and Bank of America allowing wealth advisers to allocate up to 4% to digital assets. With the Federal Reserve expected to cut rates soon, some analysts see strong dip-buying interest supporting Bitcoin near $92k-$93k. However, traders are currently favoring stablecoins and yield-generating strategies over spot tokens. This shift towards yield is interpreted by some as a sign of market maturity and a move toward long-term thinking, which could open crypto to larger portfolio allocations. Key upcoming events include the release of the U.S. PCE inflation gauge and various governance votes for Aavegotchi DAO and Compound DAO.
(Source：CoinDesk)