The cryptocurrency market is starting December on a downward note: Bitcoin and leading altcoins are showing a sharp decline amid global market volatility and local shocks in the DeFi sector.
What is happening on December 1
According to CoinMarketCap and other analytical platforms, the total capitalization of the crypto market fell to approximately $2.9–3.0 trillion on December 1, losing about 5% over the past 24 hours.
Bitcoin (BTC): trading in the $86,000–87,000 range, with a daily decline of about 4–5%; during the day, the price fell to a low of about $85,500, while the day before it fluctuated around $90,000.
Ethereum (ETH):
remains in the $2,800–2,850 range, with a daily decline of 5–6%, while the coin has already retreated by almost a quarter from its recent local highs in November.
Among the major altcoins, the following are suffering the most:
BNB – around $825–830 (down ~5%),
Solana (SOL) – around $126–127 (down ~7%),
XRP – around $2.0–2.05 (down ~7%).
Speculative memecoins (SHIB, PEPE, BONK, WIF, etc.) are losing 6% to 10–13% per day, which fits the traditional scenario: the riskiest assets fall faster than the market in phases of sharp risk aversion.
Analytical reports from the largest crypto exchanges and specialized media highlight several key factors behind today’s pullback.
1. Liquidation of leveraged positions in a thin weekend market
Decreased liquidity over the weekend and at the beginning of the week allowed relatively small orders to push the price of Bitcoin down by several thousand dollars in a matter of minutes.
This triggered a cascade of liquidations of overleveraged long positions on futures platforms — estimates suggest that the volume of forced long closures exceeded $600–700 million in a few hours.
2. Exploit in DeFi and growing nervousness about security
In the decentralized finance sector, there was an incident with the Yearn Finance protocol’s yETH pool: the leak was relatively small by market standards, but it came at a “delicate” time and reinforced mistrust of complex income-generating products.
Some participants used this as an excuse to reduce their positions in riskier tokens and DeFi assets.
3. Macrofon: Japan, the Fed, and a general reassessment of risk
At the same time, investors are awaiting the US Fed meeting on December 9–10: futures markets are pricing in a high probability of a rate cut, but uncertainty surrounding the pace of policy easing is keeping nerves on edge.
4. ETF fund flows and profit-taking by large players
After months of active inflows into spot Bitcoin ETFs, November saw a wave of net outflows worth billions of dollars, which spurred sales.
On-chain data and derivatives show that large holders (whales) are gradually hedging their risks or reducing their longs, while retail investors entered the market late in the bullish momentum.
Additionally, new regulatory initiatives are weighing on sentiment, in particular Japan’s plan to impose a flat 20% tax on cryptocurrency income, which makes the market more “similar” to the traditional one, but at the same time reduces its attractiveness for some speculators.
A separate technical signal: according to CoinDesk, on the monthly Bitcoin chart, the MACD indicator has turned red for the first time in a long time, which in previous cycles was accompanied by either protracted corrections or the formation of a medium-term bearish trend.
What does this mean for the market now?
According to CoinMarketCap, Bitcoin’s dominance in market capitalization remains at around 58-59%, and the “altcoin season” index remains in the “Bitcoin season” zone, meaning that altcoins have been lagging behind BTC on average in recent months.
PrJSC “Food Company ‘Podillya’”, which is part of the “Ukrprominvest-Agro” (UPI AGRO) group of companies, will allocate part of its undistributed profit in the amount of UAH 600 million to pay dividends based on its performance for the first three quarters of 2025.
According to a report in the information disclosure system of the National Securities and Stock Market Commission (NSSMC), the sole shareholder of Ukrprominvest-Agro has decided to carry out a partial distribution and payment of dividends from the company’s undistributed net profit for the first three quarters of 2025 in the amount of UAH 600 million, calculated at UAH 60,000 per ordinary share.
The shareholder ordered to compile a list of persons entitled to receive dividends by October 28, 2025, and to pay dividends directly to them within 6 months from the date of the decision, i.e., by April 30, 2026.
The NSSMC also announced that, by decision of the sole shareholder for 2023, shareholders of PJSC “Food Company ”Podillya” will be paid UAH 600 million in dividends based on the calculation for 2023.
PrJSC “Food Company ‘Podillya’ is part of the agricultural holding ”Ukrprominvest-Agro.” The company owns a land bank of 51,000 hectares. It specializes in growing sugar beets, wheat, corn, barley, as well as pig breeding (21,000 heads) and keeps 3,000 head of cattle. It has a grain storage facility with a capacity of about 60,000 tons. The company employs 5,500 people.
Ukrprominvest-Agro is engaged in the cultivation of agricultural crops, the production of sugar, flour, meat, and dairy farming. The group’s land bank exceeds 116,500 hectares. The agricultural holding is located mainly in regions that have not been invaded by Russian occupiers.
The group’s sugar business is represented by two sugar factories in the Vinnytsia region. The total elevator capacity for storing agricultural crops is 120,000 tons.
Ukrprominvest-Agro includes Agroprodinvest Group LLC, PK Podillya PJSC, PK Zorya Podillya LLC, Vinnytsia Bread Products Plant No. 2 LLC, Dniproagrolan AF, Ivankivtsi AF, Mas-Agro LLC, Pravoberezhne LLC, and Progress-NT LLC.
Since December 2019, the owner of the agricultural holding has been Oleksiy Poroshenko, the son of the former president of Ukraine.
PrJSC Podillya will pay UAH 600 million in dividends for the first three quarters of 2025
The plastic and reconstructive surgery sector is becoming one of the notable drivers of private medicine and the regional economy in Ukraine, despite the war. This is evidenced by global industry data and infrastructure projects being implemented in the country, according to plastic surgeon and founder of the Lita Plus clinic, Sergey Derbak.
According to the ISAPS Global Survey 2023, more than 33 million aesthetic procedures are performed worldwide each year, and the global market for plastic surgery and aesthetic medicine in 2024 is estimated at approximately $67 billion, with growth rates of 28-30% per year. Turkey’s industry revenue from medical tourism in the plastic surgery segment alone reaches $2-3 billion annually, and the industry as a whole creates more than 1 million jobs in related sectors, from transportation and hotels to pharmaceuticals and logistics.
“Plastic surgery is no longer a narrow medical specialization. It is now a full-fledged industry that creates jobs, generates tax revenues, develops regions, and returns money to the country’s economy,” Derbak noted.
According to him, Ukrainian plastic surgeons maintain a high level of trust among patients and the professional community, speak at international conferences, and work according to international protocols, while the cost of operations in Ukraine is 2–4 times lower than in the Czech Republic, Austria, or Germany. This contributes to the gradual return of patients who had surgery abroad in the early years of the war.
The expert also pointed out the potential of Transcarpathia as a future medical hub. The construction of the high-tech Lita Plus plastic surgery center, designed according to the logic of leading European medical centers, is nearing completion in Uzhhorod.
“Transcarpathia has the potential to become a powerful medical hub thanks to its logistics, proximity to the EU, and environment for recovery. We are building a clinic that will be able to accept patients from all over Ukraine and abroad. This means new jobs, satellite businesses, and a sustainable economic effect for the region,” said Derbak.
According to his estimates, a large specialized plastic surgery clinic can create 80-120 jobs in the first stage — from doctors, anesthesiologists, and medical staff to administrators, logisticians, and service providers — and ensure stable tax revenues by operating in the “white” sector. Additional economic benefits come from patients and their companions spending money on hotels, transportation, restaurants, rehabilitation, beauty services, and pharmaceuticals.
“After moving the clinic to Uzhhorod, we have already created dozens of jobs, including for local residents. Some of the specialists are doctors whom we have trained at our own facility. We are investing not only in buildings and equipment, but also in the development of human resources in the region,” emphasized the founder of Lita Plus.
The expert considers it realistic that Ukraine will be able to occupy the niche of a medical hub in Eastern Europe between Turkey and the EU countries in the medium term, provided that a network of high-tech private clinics is developed, price competitiveness is maintained, investments are made in logistics, and medical tourism is systematically promoted.
According to him, new projects in private medicine are not only the opening of another clinic, but also a signal of the beginning of a new stage in the development of Ukraine’s “medical economy,” where plastic and aesthetic surgery is becoming a separate economic resource—a source of jobs, taxes, investments, and the return of patients and funds that previously went abroad.
Nova Poshta, the leader in express delivery in Ukraine and part of the Nova Group, increased its consolidated net profit by 35.1% in January-September 2025 compared to the same period last year, to UAH 2 billion 876.38 million.
According to the company’s consolidated interim report on its website, consolidated net revenue increased by 21.7% to UAH 45 billion 727.67 million.
It is noted that Nova Poshta’s gross profit for the first nine months of 2025 reached UAH 10.81063 billion, which is 18% more than in the same period last year, while operating profit increased by 19.8% to UAH 5.67507 billion.
In January-September this year, the company spent UAH 2.9428 billion on the acquisition of non-current assets, which is 39.7% less than in January-September last year.
According to the report, loans received in the first nine months of this year decreased by 16.6% to UAH 4.05 billion, while their repayment increased by 68.8% to UAH 4.98 billion, interest expenses by 24.8% to UAH 1.14 billion, and finance lease liabilities by 27.2% to UAH 1.88 billion.
In addition, dividend payments increased by 68.2% to UAH 1.04 billion.
According to the report, the balance of funds at the end of the third quarter was UAH 8.79 billion, compared to UAH 9.09 billion at the beginning of the year and UAH 5.27 billion a year ago.
As reported, according to the published interim unconsolidated financial statements, Nova Poshta increased its revenue for the first nine months of this year by 22.5% compared to the same period in 2024 to UAH 37.73011 billion and reduced its net profit by 6.2% to UAH 1.54420 billion.
In the first half of 2025, Nova Poshta increased its consolidated net profit by 18.6% compared to the same period last year, to UAH 1.765 billion, and its consolidated net income by 22%, to UAH 29.829 billion.
The Nova Poshta website states that the company has 110 terminals and depots throughout the country, with the eight largest terminals located in Kyiv, Kharkiv, Khmelnytskyi, Lviv, Dnipro, Odesa, and Zaporizhzhia.
As of October 6, the leader in express delivery in Ukraine had 44,983 service points, including 14,336 branches and 30,647 post offices. In the first half of this year, the branch network grew by 708 points to 13,985, and the number of parcel terminals increased by more than 4,000 to 28,326.
The ultimate beneficial owners of the company are Volodymyr Poperechnyuk and Vyacheslav Klimov.
The Kryvyi Rih Mining and Metallurgical Plant PJSC ArcelorMittal Kryvyi Rih (AMKR, Dnipropetrovsk region) intends to attract a loan of up to $200 million from the European Bank for Reconstruction and Development (EBRD).
According to the company, on November 26, 2025, the supervisory board of AMKR approved a significant transaction—securing a loan from the EBRD.
The market value of the property or services that are the subject of the transaction is determined in accordance with the law: no more than $200 million (UAH 8,480,300 thousand at the NBU exchange rate as of November 26, 2025). The value of the issuer’s assets, according to the latest annual financial statements, is UAH 51,725,655 thousand. The ratio of the market value of the property or services that are the subject of the transaction to the value of the issuer’s assets, according to the latest annual financial statements (in percent) is 16.3947658082%.
ArcelorMittal Kryvyi Rih is the largest producer of rolled steel in Ukraine. It specializes in the production of long products, in particular, rebar and wire rod. The company has a full production cycle, with production capacities designed for an annual output of over 6 million tons of steel, more than 5 million tons of rolled products, and over 5.5 million tons of pig iron.
ArcelorMittal owns Ukraine’s largest mining and metallurgical complex, ArcelorMittal Kryvyi Rih, and a number of small companies, including ArcelorMittal Beryslav.
Corum Druzhkivka Machine-Building Plant (Corum DrMZ), part of the Corum Group (DTEK Energy), plans to complete the manufacture of a two-story cage for DTEK Energy in December this year, the plant announced on Facebook.
The equipment, with a lifting capacity of 13.2 tons, is designed to lower and lift people, as well as to transport trolleys, materials, and equipment through a vertical shaft.
The plant notes that the cage is based on a serial design, but has been fully adapted to the conditions of future operation.
Improvements include an updated anti-corrosion coating, reinforced door assemblies with three bolts, and different types of cladding on each floor to withstand different loads.
A separate element of the design has recently been patented.
Korum DrMZ, relocated in 2022 from Druzhkivka (Donetsk region) to Dnipro, in January-September this year, according to YouControl, incurred losses of almost UAH 90 million compared to a net profit of UAH 4.6 million for the same period last year and slightly lower net sales revenue of UAH 844.6 million.
In January-October, the plant manufactured 336 units of mining equipment, repaired 12 units of equipment, and produced over 821,000 parts.
Corum Group is a leading manufacturer of mining equipment in Ukraine. It is part of DTEK Energy, an operating company responsible for coal mining and coal-fired power generation within Rinat Akhmetov’s DTEK energy holding.
