The cryptocurrency market is experiencing a significant surge, with major digital assets showing notable growth. This revival is often referred to as the 'Santa Rally,' a term used to describe the trend of rising asset prices during the holiday season.
Bitcoin (BTC), the leading cryptocurrency, has been at the forefront of this rally. Reaching a record high of over $106,000 on December 16, 2024, fueled by optimism surrounding the pro-cryptocurrency stance of elected President Donald Trump, Bitcoin has exhibited some volatility. As of December 25, 2024, Bitcoin is trading at approximately $97,968, which is 4.53% higher than the previous close.
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, is currently valued at around $3,485.89, which is 2.96% higher than the previous close.$ETH