#ReboundRally

According to data from Coinmarketcap, at 7:59 AM on December 25, 2024 (Vietnam time), the price of Bitcoin was trading at 98,460 USD, up 4.2% in the past 24 hours. The trading volume of the largest cryptocurrency by market capitalization was at 46.2 billion USD.

Bitcoin price today December 25: The cryptocurrency market has "evaporated" 500 billion USD- Photo 1.

The total market value of cryptocurrency has decreased from a record 3.9 trillion USD to about 3.4 trillion USD, according to data from CoinGecko. Bitcoin, which holds 56% market share, currently has a market capitalization of 1.9 trillion USD, significantly contributing to this decline.

The plunge originated from the meeting of the U.S. Federal Reserve (Fed) last Wednesday, in which the agency expressed concerns about prolonged inflation and lowered expectations for interest rate cuts in 2025. This is news