Market Round Up: December 22, 2025

Rootstone·Dec 22, 2025·3 min read

Bitcoin continues to trade sideways as liquidity providers quote conservatively and directional conviction remains limited ahead of clearer macro signals.

Rootstone's Market Round Up

╰ Bitcoin continues to trade sideways as liquidity providers quote conservatively and directional conviction remains limited ahead of clearer macro signals.

╰ Ethereum core developers confirmed the Hegota upgrade timeline for 2026, with a primary focus on state data reduction to improve network efficiency and long-term scalability.

╰ Hyperliquid recorded approximately US$430 million in net weekly outflows, as competition with emerging perpetual DEXs such as Aster and Lighter accelerates and liquidity fragments across venues.

╰ Strategy and Trump-backed American Bitcoin continued dip-buying, yielding ~25% YTD despite rout—countered ETF mixed flows and reinforced treasury trend amid leverage unwind.