This Christmas, the cryptocurrency market has witnessed a special miracle with Bitcoin (BTC). Close to the Christmas holiday, $BTC experienced a strong surge to over 100k, surprising and exciting many investors.
Bitcoin, from a price of 94K USD, skyrocketed to 99K USD within a day, creating a huge green candle on the chart. This is a sign of BTC's strong recovery after a period of adjustment. Analysts say this price surge could be the result of 'whales' (those holding large amounts of BTC) beginning to buy heavily, along with the market's optimistic sentiment during the holiday season.
