US Stock Market and Cryptocurrency Stocks Close with General Decline, MSTR Drops Another 3.77%, Trump Family-Linked Stocks Experience Severe Setback

On December 6, Coinbase Institutional shared a social media update noting that recovery signs are gradually emerging in the market. As liquidity conditions improve, the probability of a Federal Reserve rate cut has surged to 92% (as of December 4). With macro tailwinds continuing to mount, the cryptocurrency market could be gearing up for a December recovery rally. The analysis is rooted in three key observations: - Liquidity is rebounding - The so-called "AI bubble" has yet to burst (and still has upside potential) - Shorting the U.S. dollar is attractive at current levels Coinbase Institutional added that back in October, it forecast a market position adjustment (citing its proprietary M2 index), expecting weakness in November followed by a December reversal. This could mark the starting point for the cryptocurrency market to rebuild momentum.

On December 6, official sources confirm OKX will list Midnight (NIGHT) for spot trading, with the schedule below: - NIGHT Deposits go live: December 6, 2025, 12:00 PM UTC+8 - NIGHT Auction period: December 9, 2025, 5:00 PM – 6:00 PM UTC+8 - NIGHT/USDT Spot trading launches: December 9, 2025, 6:00 PM UTC+8 - NIGHT Withdrawals become available: December 9, 2025, 8:00 PM UTC+8

Dec. 6 – Farside Investors reports U.S.-listed Solana spot ETFs recorded a net inflow of $15.7 million yesterday, with the following breakdown: Bitwise BSOL (+$12.2M); Fidelity FSOL (+$3.5M). ### Notes on U.S. language/formatting habits: 1. **Abbreviation**: "Dec." for "December" (common in quick updates). 2. **Dash structure**: Uses a dash to separate date from content (standard for news alerts). 3. **Active verb**: "reports" (natural for financial monitoring updates, vs. passive "according to"). 4. **Conciseness**: "$15.7M" (million = "M" in U.S. financial shorthand) and "breakdown" (clearer than "including" for itemized data). 5. **Clarity**: Parentheses for inflow labels (avoids clutter, aligns with U.S. financial reporting norms). 6. **Precision**: "U.S.-listed" (specifies the ETFs’ trading location, critical for context).

On December 6, Onchain Lens data shows a whale address withdrew $13.98 million worth of cryptocurrency from Binance and Kraken 9 hours ago. Currently, the whale holds a total of $74.83 million in assets, including: - 1.62M LINK ($22.01M) - 6.05K ETH ($18.29M) - 43.53M ENA ($11.27M) - 3.291K AAVE ($6.02M) - 8.08M ONDO ($3.75M) - 1.49M PENDLE ($3.6M) - 59.651K UNI ($3.26M) - 6.47M ARB ($1.3M) - 22.59M SKY ($1.18M) - 3.16M OP ($0.9505M)

Official sources report that Moonshot launched the Meme coin $Franklin on December 6. The token’s current market cap is $6.76 million, with a 24-hour trading volume of $5.92 million.

December 6th — even as Bitcoin has rebounded recently — CryptoQuant’s Multi-Metric Risk Oscillation Indicator remains near the “high-risk” zone. Historically, this level has signaled a market pullback and lowered the odds of a sustained uptrend. CryptoQuant’s Risk-Aversion Model merges six metrics — downside volatility, upside volatility, exchange inflows, funding rates, futures open interest, and market performance — to deliver a data-backed assessment of market vulnerability. When the oscillation indicator nears 60 or enters the high-risk zone, pullback risks stay elevated. Bitcoin researcher Axel Adler Jr also notes the Profit/Loss Score has fallen to -3, reflecting extremely concentrated losses across Unspent Transaction Outputs (UTXOs). Historically, this level has often aligned with bear market conditions and extended cooling-off periods. Bitcoin’s current 32% drawdown exceeds typical pullback levels in a normal cycle (-20% to -25%) but hasn’t hit the panic selling threshol