#加密ETF申请热潮涌现 increased 5 times, sending a red envelope
Looking back, here is the market performance around Christmas in the cryptocurrency world over the past 8 years:
2017
Before Christmas, the price of Bitcoin dropped sharply by 21.30%, mainly due to the ban on ICOs.
2018
Bitcoin was in a correction state a week before Christmas, with a decline of 5.58%, and then saw an increase of 4.53% in the week after Christmas.
2019
On Christmas Day, the price of Bitcoin retraced by a maximum of 10%, with various mainstream currencies generally declining, and the overall market performance was poor.
2020
Bitcoin had an increase of 4.11% on Christmas, bringing a festive surprise to investors. That year, Bitcoin also saw its first cases of being accepted as payment.
2021
Bitcoin saw a decline of 18.9% in December, with no significant rebound during Christmas.
2022
The price of Bitcoin rose in mid-December, peaking at $16,800 on Christmas Eve, but fell to around $15,500 the day after Christmas.
2023
With the gradual recovery of the bear market, cryptocurrencies rose by 4.05% before Christmas and then by 3.64% after Christmas.
2024
On December 23, panic spread across the Bitcoin market, with trading volume soaring to recent highs. Investors, worried about liquidity crises and emotional avalanches causing deep price drops, exited the market before the holiday, but some investors still positioned themselves in Bitcoin at the high of $89,000.
