Bitcoin Destroys $480M in Shorts as Ethereum Costs Collapse and the UK Legalizes Crypto as Personal Property
In one of the most important 24-hour windows of the year, Bitcoin liquidated nearly $480,000,000 in short positions, Ethereum became eight times cheaper to use after the Fusaka hard fork, and the United Kingdom officially recognized crypto as personal property — reshaping custody and inheritance laws across the region.
Ethereum ETFs saw $140M in inflows, outpacing Bitcoin.
Solana jumped to $142, XRP trades at $0.62, and institutional adoption just accelerated with moves from Bank of America, Vanguard, BlackRock, and Fidelity.
The market is shifting fast — December is loading.
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