Bitcoin Is 'Santa Rally'...Up 6% to cross the $99,000 mark

2024.12.25. AM 07:41
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There has also been a "Santa Rally" trend in the virtual currency market, with prices rising on Christmas Eve.

Bitcoin was trading at $99,443.18 as of 1:15 p.m. ET on the U.S. cryptocurrency exchange Coinbase, up 6.02% from 24 hours ago.

Ethereum also rose 5.1% from a day earlier to $3,508.61, while Ripple also rose 8.2% to $2.34, with Solana and Dogecoin gaining 6.6% and 7.8%, respectively.

Coin Telegraph, a U.S. media outlet specializing in virtual currency, analyzed that a new buying trend appears to have entered the Bitcoin market.

U.S. software maker MicroStrategy, a "big hand" in the Bitcoin market, bought an additional 818.8 billion won worth of Bitcoin at a price close to its peak last week, Bloomberg reported.



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