#XmasCryptoMiracles
As the 2024 holiday season approaches, the cryptocurrency market is slowly trending downwards, often referred to as bearish, hoping for a Christmas crypto miracle.
Here are some highlights:
Bitcoin Performance
Bitcoin’s price has been fluctuating around $100,000. On Christmas Eve, it was around $96,063, representing a 1.8% drop. Analysts are closely monitoring factors such as President-elect Donald Trump’s pro-crypto stance, the Federal Reserve’s interest rate policy, and the potential economic implications of new tariffs, all of which could impact Bitcoin’s trajectory in 2025.