#ChristmasMarketAnalysis
According to Golden Finance, Coinstash co-founder Mena Theodorou said in a report this week that Bitcoin’s record "has inspired traders’ hopes for a continuation of the altcoin season and a potential Christmas rebound." According to CoinGecko data, cryptocurrencies have risen around Christmas in eight of the past 10 years.
Additionally, Nexo analyst Aliya Kalchev predicts that Ethereum’s price should reach $5,000 by early 2025.
