#XmasCryptoMiracles đđ
During the Christmas period of 2024, the cryptocurrency market experienced some notable shifts.
Bitcoin (BTC) dropped from about $106,000 on December 17 to nearly $98,695 by December 25. Similarly, Ethereum (ETH) fell from approximately $3,886 to $3,493 in the same timeframe. These movements reflected broader market concerns, influenced partly by the Federal Reserveâs hints that interest rate cuts may pause in 2025, which impacted investor sentiment.
Despite these short-term dips, the overall crypto market retained a capitalization above $3 trillion, underscoring strong interest from investors. As of December 26, Bitcoinâs price was around $99,344, showing slight recovery, while Ethereum remained steady at $3,493. Other leading cryptocurrencies, such as BNB, XRP, and Cardano (ADA), experienced similar trends during the holiday season.
So, based on that, i understand that the Xmas miracle was the ability that many people experienced and the patience they to wait during this last down and to achieve valuable profits in a close future.