Bitcoin, Ethereum, XRP, Dogecoin Surge Around 5% In Christmas Eve ‘Santa Rally’

Cryptocurrency markets are trading higher on Christmas eve, prompting traders to predict a bullish end to the year.

Cryptocurrency Price    Gains +/-
Bitcoin (CRYPTO: BTC)  $98,100.74 +5%
Ethereum (CRYPTO: ETH)  $3,478.79 +4%
Solana (CRYPTO: SOL) $196.49 +6%
XRP (CRYPTO: XRP)  $2.31 +6.1%
Dogecoin (CRYPTO: DOGE)  $0.3338 +6.9%
Shiba Inu (CRYPTO: SHIB)  $0.0000231 +6.8%

Notable Statistics:

  • IntoTheBlock data shows large transaction volume increasing by 158.7%. Transactions greater than $100,000 are up from 7,495 to 10,784 in a single day. Exchanges netflows are down by 233.05%.
  • Coinglass data reports 88,733 traders were liquidated in the past 24 hours for $250.33 million.  

Notable Developments:

Full story available on Benzinga.com

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