Bitcoin, Ethereum, XRP, Dogecoin Surge Around 5% In Christmas Eve ‘Santa Rally’
Posted On December 24, 2024
Cryptocurrency markets are trading higher on Christmas eve, prompting traders to predict a bullish end to the year.
| Cryptocurrency | Price | Gains +/- |
| Bitcoin (CRYPTO: BTC) | $98,100.74 | +5% |
| Ethereum (CRYPTO: ETH) | $3,478.79 | +4% |
| Solana (CRYPTO: SOL) | $196.49 | +6% |
| XRP (CRYPTO: XRP) | $2.31 | +6.1% |
| Dogecoin (CRYPTO: DOGE) | $0.3338 | +6.9% |
| Shiba Inu (CRYPTO: SHIB) | $0.0000231 | +6.8% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume increasing by 158.7%. Transactions greater than $100,000 are up from 7,495 to 10,784 in a single day. Exchanges netflows are down by 233.05%.
- Coinglass data reports 88,733 traders were liquidated in the past 24 hours for $250.33 million.
Notable Developments:
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