Cryptocurrency markets are trading higher on Christmas eve, prompting traders to predict a bullish end to the year.
Cryptocurrency
Price
Gains +/-
Bitcoin (CRYPTO: BTC)
$98,100.74
+5%
Ethereum (CRYPTO: ETH)
$3,478.79
+4%
Solana (CRYPTO: SOL)
$196.49
+6%
XRP (CRYPTO: XRP)
$2.31
+6.1%
Dogecoin (CRYPTO: DOGE)
$0.3338
+6.9%
Shiba Inu (CRYPTO: SHIB)
$0.0000231
+6.8%
Notable Statistics:
IntoTheBlock data shows large transaction volume increasing by 158.7%. Transactions greater than $100,000 are up from 7,495 to 10,784 in a single day. Exchanges netflows are down by 233.05%.
Coinglass data reports 88,733 traders were liquidated in the past 24 hours for $250.33 million.
Notable Developments:
Deribit Eyes Growth In Asset-Backed Crypto With Pax Gold Debut
Did Vladimir Putin Just Ban Bitcoin Mining In Russia? The …Full story available on Benzinga.com