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Christmas Rally for Bitcoin, Ethereum as Prices Break Key Levels, Funding Rates Turn Positive
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It looks like Santa Clause has arrived early for crypto investors this year, with strong rallies seen across bitcoin (BTC), ethereum (ETH), and the broader altcoin market in the past 24 hours.
At 13:10 UTC, BTC traded at USD 51,038, up 4.3% for the past 24 hours and 7.1% for the past week. Meanwhile, ETH stood at USD 4,090, up 2.9% for the past 24 hours and 3% for the week.
Elsewhere in the crypto market, performance was also strong over the past day, with the vast majority of coins in the top 100
Read more on cryptonews.comAbout this in other media
Bitcoin, Ethereum & Crypto Co See Mixed Performance as Analysts Disagree on Short-Term Price Moves cryptonews.com /2 years ago
Here’s why Bitcoin traders say a drop to $38K is the worst case scenario cointelegraph.com /2 years ago
Bitcoin and Ethereum Keep Struggling, ICP Rallies cryptonews.com /2 years ago
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