#Binance #BinanceChristmas $BTC $ETH $BNB
In the days leading up to Christmas 2024, Bitcoin (BTC) has experienced notable price fluctuations. Here's a snapshot of its recent performance:
On December 18, 2024, Bitcoin reached a peak of approximately $106,034.9.
However, by December 19, it declined to around $100,355.6, marking a decrease of about 5.3%.
This downward trend continued, with Bitcoin's value dropping to approximately $97,851.35 on December 20 and further to $97,691.43 on December 21.
As of December 22, 2024, Bitcoin's price stands at approximately $97,202.82, reflecting a cumulative decline of about 8.3% from its December 18 peak.
This recent volatility is attributed to several factors, including a surge in 10-year Treasury yields and broader market dynamics.
Despite these fluctuations, Bitcoin maintains a significant year-to-date increase, showcasing its enduring prominence in the cryptocurrency market.
Please note that cryptocurrency markets are highly volatile, and past performance is not indicative of future results.