As of December 23, 2024, the cryptocurrency market is experiencing significant volatility. Bitcoin (BTC) has recently surpassed the $100,000 mark, reaching an all-time high of $106,496, driven by President-elect Donald Trump's pro-crypto stance and plans to establish a national Bitcoin reserve. However, the price has since retracted to approximately $95,404, reflecting a 2.14% decrease over the past 24 hours.


Ethereum (ETH) is currently trading at $3,275.22, down 2.53% from the previous close. BNB stands at $648.47, experiencing a 2.22% decline. XRP is priced at $2.20, a decrease of 1.79%, and Cardano (ADA) is at $0.887, down 2.54%.


The recent surge in Bitcoin's value is attributed to increased investor confidence following Trump's election victory and anticipated regulatory clarity. However, the market remains highly volatile, with significant price fluctuations observed in recent days.


Investors should exercise caution and conduct thorough research before making investment decisions, as the cryptocurrency market is subject to rapid changes influenced by political developments, regulatory news, and market sentiment.