Daily Market Wrap | Dec. 25

Hot Topics

• Crypto M&A hits record $8.6B in 2025, spurred by Trump's pro-crypto regulatory shifts.
• Bitcoin and Ether ETFs saw outflows ahead of Christmas, led by BlackRock's IBIT and Grayscale's ETHE amid holiday de-risking.
• Circle confirms fake press release and scam platform claiming tokenized gold/silver swaps via CircleMetals.

Market Updates

• Trump Media transfers 2,000 BTC ($174M) across wallets after fresh inflows, signaling active treasury management.
• BitMine, IREN, and Robinhood top 2025 crypto stock performers; Strategy (MicroStrategy) lags amid BTC/ETH dips.