The price of Bitcoin Today 16/12/2024 is showing a significant increase of 2% that made the asset trade above US$ 105 thousand. Yesterday, in the midst of its bullish peak, the asset set a new price record by surpassing US$ 106 thousand, but it was unable to sustain its upward movement and retracted to the current level.
Bitcoin reached a new all-time high this Sunday, December 15, reaching the $106.352 mark. driven due to speculation that it could become a reserve asset in the United States. The recent increase in price signals growing confidence among investors, who are positioning themselves to acquire more coins in the expectation of a stabilization of the market.
Cryptocurrency analytics platform Santiment noted that there has been a nearly 10% increase in the number of Bitcoin wallets holding at least 100 BTC since the asset's bull run began on Oct. 10.
“Bitcoin has surged to $106,5K for the first time in its 16+ year history. Since the bull run began on October 10, there has been a net increase of 1.582 more wallets holding at least 100 BTC, a jump of +9,9% more wallets in the relatively short period of time!” wrote.
At the time of publication, the price of Bitcoin is trading at $104.064, up 1.3% in the last 24 hours, equivalent to approximately R$629.410,63 BRL and €99.259,23 EUR. Bitcoin (BTC) trading volume is $86.183.132.758 in the last 24 hours, representing a 58,30% increase from a day ago and signaling a recent surge in market activity. In its weekly development, the asset has shown an increase of 5.9%.
Similarly, following Bitcoin’s recent move, most major cryptocurrencies are seeing significant price recoveries in the last 24 hours while others are seeing significant retracements. Ethereum is trading at $3.920,55 with a 1.2% increase in its price. XRP is trading at $2,37 with a 2.3% decline. Cardano is down 1.6% and is now priced at $1,06. Solana is down 1.6% and is trading at $215,31.
Among the 100 largest cryptocurrencies on the market, the Virtuals Protocol (VIRTUAL) token is showing the biggest increase with an 18.8% growth in the last day, trading at US$ 2,86. In the last seven days, VIRTUAL has appreciated 84.3%.