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* Bitcoin saw a significant price drop, erasing most of its gains from earlier in the week. It missed the anticipated "Santa Claus rally," a period of typically increased trading activity.
* Ethereum also experienced volatility, though not as dramatic as Bitcoin. * Ether ETFs saw a record day of inflows, despite the market swings.
Why ??? Because the economic datas are not on normal days this week because of Christmas holidays ...
The US Natural Gas Storage Data should be on Thursday and US Crude Oil Inventories Should be on Wednesday normally but this week everything is messed up and both of these economic datas formed on Friday together ...
Result ???
In the result of these both datas the market can go both ways, it can be volatile ...
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* Tech Companies Embracing Bitcoin Treasuries: A recent article in BTC Magazine highlighted this trend, suggesting that as the market heats up heading into 2025, more tech companies are recognizing the potential benefits of holding Bitcoin as a reserve asset. This could further solidify Bitcoin's position as a valuable store of value and a hedge against inflation.
Disclaimer: This information is for general knowledge and informational purposes only, and does not constitute financial, investment, or other professional advice.
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