Market Report: Top 5 Cryptocurrencies with the Largest Declines on December 09, 2025, with DoubleZero experiencing the biggest drop

Gate.io News Bot message, December 9, 2025—According to CoinMarketCap data, the cryptocurrency market as a whole is facing correction pressure. With the Federal Reserve’s December 10 FOMC meeting approaching, the market expects a 25 basis point rate cut, but amid Bitcoin’s 20% cumulative decline over the past 90 days, investors are taking a wait-and-see approach, and some altcoins are under adjustment pressure. Below are the top five tokens with the largest declines in the past 24 hours:

1️⃣ 2Z (DoubleZero) 📉 Current Price: $0.12 | Decline: -8.07% 📊 24H High/Low: $0.14 / $0.12 | Market Cap: $451,085,370.58 ⚠️ Although market analysis points out that 2Z is one of three altcoins potentially benefiting from rate cuts, it still failed to withstand short-term selling pressure amid the broader market correction, with investors adopting a cautious stance ahead of the Fed meeting.

2️⃣ BCH (Bitcoin Cash) 📉 Current Price: $576.03 | Decline: -3.84% 📊 24H High/Low: $604.55 / $575.26 | Market Cap: $11,500,148,909.83 ⚠️ As a mainstream token with a top market cap, BCH is listed as a potential rate cut beneficiary, but with the Bitcoin ecosystem under pressure, the short-term decline has been relatively limited, reflecting relatively stable institutional holdings.

3️⃣ STRK (Starknet) 📉 Current Price: $0.108 | Decline: -3.09% 📊 24H High/Low: $0.11 / $0.107 | Market Cap: $519,021,525.07 ⚠️ Although the Starknet ecosystem is replicating the early-stage rebound of Solana, with DeFi TVL having tripled since July, it remains difficult to rise against the trend during this period of risk asset adjustment.

4️⃣ ICP (Internet Computer) 📉 Current Price: $3.36 | Decline: -2.67% 📊 24H High/Low: $3.56 / $3.35 | Market Cap: $1,821,199,405.82 ⚠️ ICP is one of the most actively developed projects, but in the context of the overall market correction, technical progress is unable to offset the impact of short-term risk sentiment.

5️⃣ HYPE (Hyperliquid) 📉 Current Price: $29.21 | Decline: -2.63% 📊 24H High/Low: $30.79 / $28.73 | Market Cap: $9,836,918,563.22 ⚠️ HYPE is facing profit-taking pressure ahead of the Fed meeting. Although the platform ranks first among all blockchains in terms of fees (with $2 million in 24 hours), large short positions and whale hedging are still suppressing upward price breakout.

📉 Market Summary The market is currently facing a contradictory situation of expected Fed rate cuts and Bitcoin’s long-term downward trend, with investors taking a wait-and-see approach ahead of the December 10 meeting. Altcoins are generally under adjustment pressure, with DoubleZero falling the most at -8.07%, and BCH, STRK, ICP, and HYPE down -3.84%, -3.09%, -2.67%, and -2.63% respectively. Although multiple positive factors (USDC cross-chain, ecosystem expansion, developer activity, etc.) support the fundamentals of some tokens, short-term technicals and market sentiment still dominate.

⚠️ Risk Warning

1. There is a risk of a hawkish surprise in the Fed decision, and market expectations may reverse
2. Bitcoin’s long-term downward trend remains unchanged, and altcoins still face downside risk
3. High concentration of leveraged positions may trigger a chain of liquidations due to market volatility
4. Investors should carefully assess their risk tolerance and avoid chasing highs

This message does not constitute investment advice. Please be aware of market volatility risks when investing.