#XmasCryptoMiracles
#XmasCryptoMiracles Cryptocurrency markets experienced significant activity during Christmas. Bitcoin's price hovered around $99,092, with dormant wallets, untouched for over a decade, suddenly becoming active ¹. One notable transaction involved a stash of 20.55 BTC, which hadn't seen activity since February 24, 2011, and is now valued at over $2 million ¹. Another transaction involved 210 BTC, worth around $20.6 million, transferred from a legacy wallet to a modern Bech32 wallet ¹.
Other cryptocurrencies, such as XRP, Ethereum, and Dogecoin, experienced price fluctuations. XRP's price turned bull green on Christmas Eve, growing by over 5.1% to $2.325 ². However, Bitcoin, Ethereum, and Dogecoin dipped following Christmas, with Bitcoin falling below the $100,000 threshold ³.
Historically, Bitcoin's price has surged after Christmas, particularly during halving cycles, with significant price increases accelerating in the months following the holiday season ⁴. Some experts predict Bitcoin's price will reach $150,000 or even $250,000 in the future ⁴.