The price of Bitcoin Today, 25/12/2024, it is showing a significant increase of almost 5%, which has caused the asset to return to the $98 zone. Yesterday, the asset showed a notable recovery, rising from $93.943 to reach a peak of $99.303, but it was unable to sustain its upward movement and retreated to its current zone, according to market data.
Santiment platform analysts observed that both Bitcoin and altcoins staged a major recovery yesterday, with traders expecting BTC to return to the $100K price level. “Bitcoin and altcoins recovered nicely heading into Christmas Day. BTC rallied to $99K as traders expected a $100K Christmas present.”
The platform released data regarding the number of BTC wallets by size: 0-0,1 BTC wallets: 50,17 million; 0,1-10 BTC wallets: 4,31 million; 10-1.000 BTC wallets: 150,13 thousand; 1.000+ BTC wallets: 2.050. According to analysts, particularly in the latter two groups, the bull market has a high probability of continuing, as long as they increase in number and remain consistent with their accumulation, as they have done throughout 2024.
At the time of publication, the price of Bitcoin was quoted at US$ 98.560,43 with an increase of 4.6% in the last 24 hours, equivalent to approximately R$ 627.644,66 BRL and € 94.406,38 EUR.
In the same vein, following Bitcoin’s recent move, most major cryptocurrencies are seeing considerable price gains over the past 24 hours. Ethereum is trading at $3.489,59 with a 2.4% increase in its price. XRP is trading at $2,29 with a 2.2% increase. Cardano is up 1.8% and is now priced at $0,9175. Solana is up 1.8% and is trading at $196,07.
The market highlight is the cryptocurrency Movement (MOVE) which has seen a 24.4% increase in the last 24 hours, the highest among the top 100 crypto assets, and is trading at US$ 1,04. In one week, the MOVE token has registered a 52.4% appreciation.