Bitcoin climbed past $99,000 on Christmas day, driven by renewed optimism that energized the market. According to CryptoSlate's data, the leading digital asset gained over 5% in the last 24 hours, recovering from a weekly low of $92,973.

The crypto market experienced a genuine Christmas rally on December 25, 2024, with Bitcoin soaring to $98,000, resulting in an overall increase that added more than $100 billion to the market's total capitalization.

Could this signal a surprising shift in crypto dominance?

Bitcoin struggles below $100,000 amid holiday illiquidity, but analysts predict a rally above $105,000 post-Christmas, citing macro trends.

Bitcoin and Ethereum form bullish patterns after the short correction, while XRP remains in a favourable price trend, awaiting its next breakout.

While the market was red last week, crypto saw some action in the last 24 hours with with Bitcoin, Ethereum, and altcoins rebounding. The king crypto Bitcoin went up from $94K to $99K which is seen as a “Santa Claus rally,” but it could also be a profit-taking shift.

The Israel Securities Authority approval was granted last week, Calcalist reported.

Bitcoin reaches $98,270 as it faces record ETF outflows and tests key $100K resistance. Will the bullish momentum continue? Find out in our analysis The post Bitcoin Breaks Key $98K Level – Is the Market Ready to Soar Again? appeared first on Cryptonews.

Russian companies have begun using bitcoin and other digital currencies in international payments following legislative changes that allowed such use in order to counter Western sanctions, Finance Minister Anton Siluanov said on Wednesday.

Bitcoin's price recovered to $99,100 after testing strong support at $92,000. With resistance at $104,000 still unbroken, analysts predict a potential crash.

US Bitcoin ETFs saw $1.52 billion in outflows over five days ending Dec. 24. Gold ETFs Surpassed by Bitcoin ETFs in AUM, Reaching $129 Billion.

US Bitcoin spot exchange-traded funds (ETFs) have faced four consecutive days of withdrawals, ending with notable outflows on Christmas Eve. Data from SoSovalue on Dec. 24 shows that ETFs saw recorded combined outflows of $338.4 million on Christmas Eve.

BlackRock's Bitcoin ETF hits record outflows as Ethereum funds surge. Can ETH maintain momentum while BTC struggles with selling pressure?

TL;DR According to AI predictions, Bitcoin could reach values between $120,000 and $150,000 in 2025, driven by various global economic factors. The global economic environment favors BTC as a store of value, especially in contexts of inflation and low interest rates.

There's always something going on in the crypto space — and this year's events were certainly no exception.

Matador Technologies, a company known for digitizing tangible assets like gold, has announced plans to invest $4.5 million in Bitcoin over the next few days.

The total crypto market cap is close to $3.6 trillion.

Bitcoin is becoming a firm "buy" for investors worldwide as bulls retain Christmas Eve gains.

BlackRock's Bitcoin ETF is going through a tumultuous period marked by unprecedented capital outflows. The asset management giant recorded its largest daily outflow on December 24, contributing to a downward trend that has seen U.S. Bitcoin ETFs collectively lose over $1.5 billion in just four days.

MicroStrategy, a global leader in Bitcoin holdings, is proposing a massive stock increase to finance the purchase of more bitcoins. This initiative, aiming to raise $42 billion, reflects the company's ambitious strategy to strengthen its position in BTC treasury management.

Crypto enthusiasts have also embraced the idea of a Santa Rally; it is not just a concept found on traditional markets. Essentially, it describes an increase in asset prices in late December that is frequently driven by optimism, lower trading volumes and positive sentiment during the holidays.

MicroStrategy seeks shareholder approval to expand its equity-issuance plan, aiming to accelerate its $42 billion Bitcoin acquisition strategy.

Cryptocurrencies witnessed a late Christmas rally as Bitcoin jumped from $93.6K to surpass $99K during Tuesday's late sessions. While the global crypto market capitalization soared 4.46% to 3.41 trillion, Fartcoin and iDEGEN dominated trends. FARTCOIN attracted attention with its explosive surges within the past 24 hours. The token soared from the lows of $0.

Has Bitcoin bull run re-instigated? Will the BTC price rise and form a new ATH before the end of 2024? The market participants remained vigilant over the crypto markets, specifically the Bitcoin price rally, as they tend to look out for these answers.

A top crypto strategist thinks the digital asset market is in a position to witness a bullish continuation even as Bitcoin (BTC) trades below $100,000. Pseudonymous analyst The Flow Horse tells his 251,400 followers on the social media platform X that he believes the doors are open for Bitcoin and altcoins to spark surges.

According to data provided by SoSoValue, BlackRock's Ethereum (ETH) exchange-traded fund managed to attract nearly $44 million worth of inflows on Tuesday.

The investors of BTC became millionaires 22 times faster than those of stocks.

BlackRock's iShares Bitcoin ETF (IBIT) has recorded its largest-ever $188.7 million in outflow on Tuesday, raising concerns over future implications. Also, US-based spot Bitcoin ETFs saw consecutive outflows for the fourth day as Fidelity's FBTC and Ark Invest's ARKB continued weak performance amid holidays.

The global cryptocurrency market saw a positive trend on Wednesday, with the market capitalization close to 3.5% to $3.42 trillion. However, trading volumes dropped 16% over the past 24 hours due to subdued investor activity during the Christmas period. The Crypto Fear and Greed Index remained stable at 73, reflecting a “Greed” sentiment.

Key Points:

Rich Dad author warned readers to buy Bitcoin to prepare for a global crash. But if the economy booms, it'll be even better to have a crypto stash ready.

Matador Technologies has decided to bring Bitcoin into its treasury. This isn't some random gamble. The company is making a clear statement about where it sees the future heading. But why choose Bitcoin, and what does this mean for the broader financial world? Let's unpack it.

The holiday season's enthusiasm seems to be making its waves in the crypto market. As a result, the industry's market cap rose 3.30% to $3.43 trillion in 24 hours. However, the trade in the business took a dip of 14.55% to $134.08 billion.

During the past four days, the spot bitcoin ETFs in the US reported a total of $1.52 billion in net outflows.

Jason Calacanis, the “World's Greatest Angel Investor,” shared his thoughts on MicroStrategy's plans to buy even more Bitcoin. Calacanis warned that Bitcoin's core principle of decentralization could be compromised if a single entity hold too much of the digital asset.

Cryptocurrency prices today showed overall gains, with the global crypto market cap rising 3.50% to $3.44 trillion. The total trading volume over the last 24 hours has decreased by 16% due to Christmas.

During a recent appearance on CNBC, permabull Tom Lee predicted that the price of Bitcoin could surge to $250,000 in 2024.

Robinhood CEO Vlad Tenev recently clarified the company's stance on Bitcoin, specifically regarding its decision not to hold Bitcoin in its treasury.

Gold and fiat currencies have dominated national reserves for centuries, but a new era demands innovative solutions.

Bitcoin ETF netflows in the United States have recorded three consecutive days of outflows leading up to Christmas. Moreover, these ETFs set a new single-day outflow record, temporarily weakening Bitcoin's upward momentum.

BlackRock's Bitcoin ETF has seen a record bleed on Christmas Eve amid a four-trading day streak of outflows from US Bitcoin funds.

XRP, the native cryptocurrency of the Ripple network, has been experiencing rapid wallet growth in recent months, outpacing major players like Bitcoin and Ethereum. Data from on-chain analytics firm Santiment reveals a significant rise in the “Total Amount of Holders” for XRP, marking a notable trend in its adoption.

Metaplanet buys $60.5 million in Bitcoin, adding to its BTC stash. Can this move trigger a bullish market shift for BTC? Find out more. The post Japanese Giant Metaplanet Snaps Up 60 Million Bitcoin – Could This Trigger a Bull Run? appeared first on Cryptonews.

U.S.-based spot Bitcoin ETFs have witnessed a sharp reversal in inflows, shedding more than $1.5 billion over a four-day outflow streak. The post Spot Bitcoin ETFs Shed $1.5 Billion in Four-Day Outflow Streak, Largest Since Trump Win appeared first on Cryptonews.

Data shows the Bitcoin market sentiment is still quite close to the extreme greed zone, a potential sign that a further price cooldown may be needed before a bottom. Bitcoin Fear & Greed Index Still Has A High Greed Value The “Fear & Greed Index” refers to an indicator created by Alternative that tells us about the average sentiment among investors in the Bitcoin and wider cryptocurrency markets.

On Tuesday, Ali, a prominent voice in the crypto community, revealed that whale investors purchased a staggering 270 million Dogecoin (CRYPTO: DOGE) in less than four days. What Happened: On Christmas Eve, Ali took to X to announce the significant investment in Dogecoin.

Bitcoin price started a recovery wave above the $95,000 level. BTC might continue to rise if it clears the $100,00 resistance zone.

Crypto influencer Ben Armstrong, also known as BitBoy, recently shared his bold perspective that XRP could surpass Bitcoin in terms of market dominance in the upcoming bull cycle. While he doesn't foresee XRP overtaking Bitcoin's market capitalization in the immediate future, Armstrong strongly believes that XRP will challenge Bitcoin's dominance and possibly outperform it during this rally.