📉 Bitcoin fell below 95,000, Ethereum fell below 3,300
With Christmas approaching this week, risk aversion in the cryptocurrency market is strong. Bitcoin recently fell below $94,300 and Ethereum fell below $3,300, creating a volatile market.
In the past 24 hours, the amount of cryptocurrency liquidation reached US$270 million, with long orders accounting for the largest amount of liquidation.
The Federal Reserve hinted last week that it would slow down the pace of interest rate cuts in 2025, and the market reacted strongly.
European and American markets may be relatively deserted this week, and funds may be tight.
📊 Historical data:
Bitcoin is less likely to see big swings at Christmas, with a 50% chance of closing December higher over the past decade.
With BTC yielding -2.5% this month, future performance is noteworthy.