If You Gave Your Loved Ones A $150 Bitcoin Christmas Gift In 2022, It’d Be Worth More Than What An Average American Spends On The Holiday In 2024
Posted On December 24, 2024
From tree-lighting ceremonies, carol sing-alongs, to cute gifts, the Christmas spirit is alive and kicking, bringing families and communities together.
For cryptocurrency enthusiasts, the joy has doubled on the back of Bitcoin’s (CRYPTO: BTC) record-breaking run leading up to the special day.
However, things were just the exact opposite during the Christmas of 2022.
What happened: After a searing bull market that catapulted Bitcoin and several other tokens to record highs in 2021, things took a drastic U-turn in 2022.
With implosions like the FTX (CRYPTO: FTT) exchange bankruptcy and the collapse of the Terra (CRYPTO: LUNA) cryptocurrency, the market froze in the cryptocurrency winter of …
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