Crypto Market Update – Dec 25, 2024 🚀
🌐 Global Market Cap: $3.43T (+3.51%)
💰 Bitcoin (BTC):
• Range: $93,840 - $99,488
• Current: $98,191 (+4.29%)
📈 Top Performers:
• COW: +38%
• AGLD: +32%
• PHA: +27%
🔍 Key Market Insights:
1️⃣ Bitcoin Pullbacks Show Reduced Volatility:
• Largest pullback this cycle: 32% (Aug 5, 2024).
• Most corrections stay within a 25% drop.
• Institutional demand (e.g., spot ETFs) stabilizing price movements.
2️⃣ Russia Adopts Bitcoin for International Trade:
• Russia’s Finance Minister confirms BTC is being used in global trade deals.
3️⃣ ARK Innovation ETF Takes Profits on Tesla:
• Cathie Wood sold 13,040 Tesla shares.
• Maintains long-term optimism for Tesla’s growth.
4️⃣ Solana DEX Volume Surpasses $100B (2 Consecutive Months):
• Highlights Solana’s growing dominance in decentralized trading.
5️⃣ Floki Announces Institutional ETP in Europe:
• Collaboration with an anonymous asset manager.
• Expected launch: Early Q1 2025.
• Will join DOGE as one of the few meme tokens with institutional backing.
📊 Market Sentiment Remains Bullish Amid Institutional Confidence! 🚀
#Russia #ARKInvest #Tesla #CryptoUpdate