The price of bitcoin and a myriad of digital currencies made some significant gains on Christmas Day. Bitcoin has reached another high price point of $ 24,662 per currency, while many other crypto assets have recovered from the previous day’s decline.
- On December 25, 2020, bitcoin (BTC) hit an all-time high (ATH) at $ 24,662 per currency, after dropping to a low of $ 22,879 on December 23. BTC rose 3.7% today, more than 28% in the last 30 days and 124% in the last 90 days. At the time of publication, BTC is exchanging between $ 24,150 and $ 24,350 per currency.
- The overall market capitalization of all more than 7,500 existing digital currencies is $ 637 billion on Friday. The Bitcoin dominance index (BTC) today of the aggregate market valuation is 68%.
- Ethereum has still dropped more than 4% in the past seven days and is currently trading at $ 618 for ether. However, ETH has increased 8% in the last 30 days and 90-day statistics show that the ether is at 73%. Ethereum had a market capitalization of $ 69 billion at the time of publication. The XRP has been on the rise since the big drop the other day, after losing almost 40% in value.
- XRP is trading at $ 0.31 per unit and has risen 19% in the past 24 hours. However, XRP has dropped by more than 42% in the last seven days, 59% in the 30-day period, but the token still increased by 37% in the 90-day period.
- When the U.S. Securities and Exchange Commission (SEC) announced it was suing Ripple and the two top executives, the value of the crypto-asset XRP dropped significantly. Platforms like OSL, Crosstower, Beaxy, Bitwise, Galaxy Digital and Jump Trading eliminated the token.
- On Christmas Day, the Bitstamp exchange announced that it was withdrawing XRP from the United States on January 8, 2021. “Other countries are not affected,” Bitstamp detailed.
- Litecoin (LTC) is up 13% today and each token is trading for $ 120 per LTC. Litecoin has gained 10% over the past seven days, an increase of 48% in the 30-day period and 162% in earnings in the last 90 days.
- Bitcoin cash (BCH) is being exchanged for $ 309 per currency and the crypto asset is over 8% today. The BCH gained 39% over the past 90 days, but fell 23% in the 30-day interval and fell just over 1% over the week.
- Today’s biggest Christmas day winners include coins like stakenet (XSN), referum (RFR) and XRP. The biggest losers on December 25, 2020 include golem (GNT), trueflip (TFL) and crypterium (CRPT).
What do you think of the action in the crypto market today? Let us know what you think about this in the comments section below.
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