QCP Capital posted an analysis saying that even though the Securities Exchange Commission announced the formation of a cryptocurrency regulatory working group, the market continued to move lower, with BTC falling below $106,000 and currently hovering around $102,000. XRP and SOL rose 3.4% and 4.1% respectively after screenshots of XRP and SOL futures provided by the Chicago Mercantile Exchange (CME) webpage leaked out. While the CME later clarified that the leaked webpage was a mistake and no decision has been made on XRP or SOL futures contracts, the creation of such a webpage could indicate that the launch of these contracts is imminent. On the options front, there is growing interest in January's $95,000 strike price as the market scrambles for downside protection after BTC lost momentum during yesterday's US trading session. With no major catalyst ahead of next week's FOMC meeting, the crypto market is likely to continue to move in ranges.