Crypto markets are showing slight gains today, with Bitcoin trading between $92,000 and $93,000. As of December 4, Bitcoin is priced at around $92,800, reflecting a 0.5% increase in the last 24 hours and a 2% rise over the past week. Ethereum is performing even better, trading at approximately $3,180 and up 3.4%. However, the Crypto Fear and Greed Index remains in the Fear zone for the second consecutive day, indicating cautious sentiment among investors. Analysts from glassnode pointed out that over 25% of Bitcoin's supply is currently underwater, echoing market conditions reminiscent of early 2022. They noted a decrease in demand across various trading avenues, including spot trading, futures, and ETFs. Despite this, Bitcoin has gained $732 billion in new capital during this cycle, with its one-year volatility nearly halved, suggesting a more stable and institutional market environment. In terms of market movements, Bittensor (TAO) leads the top gainers with a nearly 6% rise, while Zcash (ZEC) and Avalanche (AVAX) follow closely with around 4%. On the downside, Canton (CC) has dropped 7%, marking the biggest loss among the top-100 assets. Liquidations have been significant but lighter than earlier in the week, totaling about $282 million in leveraged positions over the last 24 hours, with most coming from short positions. Spot Bitcoin ETFs experienced a pullback, recording $14.9 million in outflows, breaking a five-day inflow streak. In contrast, spot Ethereum ETFs saw a boost with $140.2 million in net inflows. On the macroeconomic front, economists expect the Federal Reserve to cut interest rates in its December 10 meeting, which could affect the broader market. Labor market data shows initial jobless claims fell to 191,000, the lowest since September 2022, indicating strength in the economy despite mixed signals.