#XmasCryptoMiracles The recent Bitcoin purchase is a welcome development for Bitcoin bulls had been struggling to regain ground following the Fed's hawkish rhetoric. Major risk assets, including prominent cryptocurrencies, tumbled last week after it became clear that the Fed would likely implement fewer rate cuts in 2025.   

However, even following the most recent price surge, the Bitcoin price is still down roughly 9% from its record high of $108,135 on Dec. 17. 

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