Bitcoin retreats to $95K... "Looks likely to increase short-term volatility"

The market price of Bitcoin, a leading Trump beneficiary asset, rose sharply on Christmas and then weakened again.

On Coinbase, a U.S. cryptocurrency exchange, the price of each bitcoin was trading at $95,331.6 yesterday afternoon, down 3.86% from 24 hours ago.

Bitcoin, which rose to an all-time high of $108,300 on the 17th, has been fluctuating since the U.S. Federal Reserve's announcement on the 18th that it will not hold Bitcoin.

Around the same time, Ethereum was moving around the $3,326 mark, down 4% from a day earlier, with Ripple falling 5.7% and Solana and Dogecoin falling 5%.

Bloomberg reported that the large expiration of bitcoin and Ethereum-related derivatives agreements could lead to greater volatility in Bitcoin prices at the end of the year.

Avelos Markets, a cryptocurrency liquidity provider, predicted that "the cryptocurrency market could fluctuate at the end of the year as there may be selling movements related to the price of Bitcoin options."