$BTC Here are the latest developments in the cryptocurrency market as of today, December 26, 2024

Bitcoin BTC drops

Bitcoin saw significant volatility, rising above $99,000 this morning before falling back to around $95,662, reflecting a 2.58% decline in the past 24 hours.

Ethereum ETH drops

Ethereum price fell below $3,400, recording a 2.48% decline in the past 24 hours.

Cryptocurrency news highlights

Bitcoin used in Russian foreign trade: Russian companies have begun using Bitcoin and other cryptocurrencies in international payments, following legislative amendments that allowed this to be done in response to Western sanctions.

Bitcoin ETFs Outflows: BlackRock’s iShares Bitcoin ETF saw record outflows of $188.7 million on Tuesday, raising concerns about the future implications for the cryptocurrency market.

PENGU Rallies: PENGU, the native token of the popular NFT collection Pudgy Penguins, has surged 600% over the past week, catching the attention of cryptocurrency investors.

Note: The cryptocurrency market is volatile, so investors are advised to follow news and developments regularly and make investment decisions