Bitcoin Rises 5% as Christmas Eve Brings Gains for Cryptocurrency Traders — TradingView News

The orange coin got into the Christmas spirit on the eve of the holiday as it delivered some wonderful gifts of winnings to cheering traders.

• Bitcoin prices Bitcoin against the dollar It reversed a three-day decline on Christmas Eve as jubilant traders pushed the orange currency higher by more than 5%. The OG token jumped to $99,000 from the session low of $93,000 a piece, sparking talks about… Santa’s pool As the end of the year approaches. With about a week to go before we wrap up this year’s worrying moves, Bitcoin boasts an impressive 123% year-over-year gain.
• What’s more exciting is Growth Prospects of the Cryptocurrency Industry Under the New Old President Donald Trump. He has already assembled a team of billionaires and entrepreneurs who will oversee the space and help it expand broad interest and gain new institutional investors. Currently, only two currencies out of a sea of ​​thousands have earned their own place on Wall Street through spot exchange-traded funds – Eleven Bitcoin ETFs And nine Ethereum ETFs.
• Other icons also fire For their big reveal before the world – Solana SolUSDRipple (Ripple/USD) and the lesser-known RSR (Indian Rupee/US Dollar) They are rumored to be getting their money exchange-traded next year as the SEC moves under a new crypto-friendly chief. Paul Atkins, A Crypto brois expected to succeed current SEC Chairman Gary Gensler and introduce sweeping regulatory rollbacks in the cryptocurrency space.