Hopes for a "Santa rally" for Bitcoin have faded after the price reached a December low………..!!!💸💵
Bitcoin has fallen 14.5% since its peak this month, as the cryptocurrency plummeted below $92,500 this week…………!!!💸💵
Bitcoin dropped to its lowest price since late November, dampening hopes for a "Santa Claus rally," which has historically generated solid gains during the holiday period in years that preceded market cycle peaks………!!💸💵
Bitcoin BTC tickers down €90,608 dropped to $92,442 during overnight trading on December 23, its lowest price in four weeks, and a correction of 14.5% from its all-time high of just over $108,000 on December 17…...!!!!!💸💵
It briefly recovered to surpass $95,000 before falling back to $94,000 during early trading on December 24, and continues with a drop of more than 11% in the last week……..!!!!💸💵
Historically, cryptocurrency markets have performed well during the holiday season in bullish market periods, but Bitcoin's disappointing performance in December has dampened hopes for a so-called Santa Claus rally, a price jump during the last five trading days of December into the first two trading days of January…….!!!!💸💵
Cryptocurrency trader Mister Crypto compared Bitcoin's performance in previous years and noted that there were significant rallies between Christmas and New Year's in 2016 and 2020, the years that preceded market cycle peaks………!!!!💸💵
#ChristmasMarketAnalysis Crypto Market Analysis for Christmas and Possible Surprises! 🚀 At the brightest time of the year, Christmas, the cryptocurrency market is at a critical point. Our goal is to provide a comprehensive analysis on the possible surprises that could arise. Cryptocurrency analysts and financial experts are making strong predictions about the possible behavior of Bitcoin and other virtual currencies this December. Is a rally coming in the cryptocurrency market? If that is true, we could be witnessing some great gains for investors in this market……..
#BTCOutlook The price of Bitcoin has decreased by 1.29% in the last hour and increased by 1.75% in the last 24 hours. The price of Bitcoin has also fallen by 3.94% in the last week. The current price is $96,616.52 per BTC with a trading volume of $72.09 million in 24 hours.
Pepe Coin, inspired by the meme "Pepe the Frog", is a memecoin that aims to surpass other memecoins like DOGE and SHIBA. It is an ERC20 token built on the Ethereum blockchain. Pepe Coin has a deflationary mechanism in which each transaction burns a small percentage of tokens, reducing the total supply over time. This can increase the value of the coin and make it more attractive. Additionally, Pepe Coin has a redistribution system where a portion of each transaction is distributed among existing token holders. The team behind Pepe Coin emphasizes community engagement and development, actively communicating with users through social media.
How does Pepe🐸 work? 💭
Pepe Coin was originally designed to use a deflationary mechanism that burns a small percentage of tokens in each transaction. This was done with the intention of creating scarcity and hopefully increasing the value of the remaining tokens over time.
At the time of launch, the project team members also implemented a redistribution system that allowed a portion of each transaction to be distributed among existing token holders. This feature was designed to encourage user participation and promote long-term investments.
The PEPE🐸 token
The total supply of Pepe Coin tokens is enormous, with 420,690,000,000,000 tokens. Although the official Pepe Coin website states that the coin has no intrinsic value or financial performance expectations, Pepe Coin has built a dedicated community that is excited about the future of this meme cryptocurrency.
#MarketPullback It has been a long time since Bitcoin burst onto the scene in 2009 to revolutionize the world of currencies, and in the meantime, many other digital assets have been created. With the list of all the cryptocurrencies now reaching thousands of different coins – all with different prices, market caps, circulating supplies, and purposes – it’s easy to get confused or overwhelmed. Why are there so many different cryptocurrencies? Why do they all have different prices? What makes one cryptocurrency more valuable than another?
You will find the current price of Bitcoin on this page, as well as the price of Ethereum. You will also find detailed prices and histories of hundreds of carefully selected cryptocurrencies that you can buy and sell on Kriptomat.
If you have ever had questions about any of these issues, you have come to the right place. We have gathered everything you need to know to understand cryptocurrency pricing and the factors that influence them.
And one more thing: on each page of price histories and statistics, you will also have links to easy-to-understand instructions: How to buy Bitcoin (BTC), How to buy Ethereum, How to buy XRP... one page for each cryptocurrency.
How much will Bitcoin be worth in 2025? Analysts expect the price to move towards €217,777.93 in July 2025, but the big question is whether this trend will hold. In December 2025, the price is expected to reach €260,288.81. $BTC 🚀
What is Binance Coin? Binance Coin (BNB) is the cryptocurrency of Binance, one of the largest cryptocurrency exchanges in the world. This coin was designed to facilitate the trading process on Binance and has also become a valuable option for investors.
How does Binance Coin work? Like any other cryptocurrency, Binance Coin also has its own distinctive features. Below, I present the five most important:
Native token: BNB is the native currency of Binance, which means it was specifically designed for use on the Binance exchange. Transaction fees: holders of this coin can use BNB to pay transaction fees on Binance, resulting in lower trading and transaction costs. Buyback and burn policy: Binance has announced that it will use 20% of its annual profits to buy back and then burn (eliminate) BNB. This reduces the total supply and may potentially increase the value of Binance Coin. Various applications: aside from paying transaction fees on Binance, BNB users can also benefit from offers and discounts on the platform. BNB is also being increasingly accepted as a payment method in different businesses and platforms. Growing support: Binance continues to grow and expand as a cryptocurrency exchange, contributing to the popularity and ultimate value of Binance Coin. The technology behind BNB Binance Coin (BNB) is a cryptocurrency that uses smart contracts to regulate the issuance, trading, and movement of tokens. This ensures the security and transparency of transactions. The coin operates on Binance Chain, a blockchain created by Binance designed for fast and efficient transactions. The platform utilizes a Delegated Proof of Stake (DPoS) consensus algorithm, allowing it to operate quickly and efficiently with minimal issues.
Top 5 cryptocurrencies to invest in this month: 1- Bitcoin (BTC) 2- Ethereum (ETH) 3- Dogecoin (DOGE) 4- Cardano (ADA) 5- Solana (SOL)
Bitcoin (BTC)
Bitcoin is the leading crypto by market capitalization (approximately €1.62 trillion in November 2024). BTC was created in 2008 and is one of the most popular cryptocurrencies to invest in December 2024, it is considerably decentralized and can be used as a payment system. BTC was trading around €82,367 during the second week of November 2024.
Bitcoin reached an all-time high of approximately €84,666 on November 12, 2024, after rising more than 30% following Donald Trump's victory in the United States presidential election. It is expected that Trump's adoption of cryptocurrencies during the presidential campaign and his foray into crypto trading are attracting investors with the expectation that the new administration will be friendly towards cryptocurrencies.
BitTorrent, which was originally launched in July 2001, was acquired by the TRON blockchain platform in July 2018. Since its acquisition, BitTorrent has added several new tools, with a dedicated native cryptocurrency token, BTT, launched in February 2019. BTT was launched on TRON's own blockchain, using its TRC-10 standard.
Do you know BitTorrent crypto?
BTT is BitTorrent's native cryptocurrency, issued on the TRON blockchain as a TRC-10 standard token. The total supply, as stated in its whitepaper, is 990,000,000,000 BTT. 6% of that total was available in a public token sale, 2% in a private token sale, and 9% in an initial sale.
The primary function of BitTorrent (BTT) is to act as a cryptocurrency that facilitates transactions within the BitTorrent network, powering a decentralized ecosystem where users can share digital content such as files and media securely and efficiently.
BTT serves as the cryptocurrency required to access the network's features, aiming to be the central feature of its ecosystem. For example, it is the only form of payment that requesters can use when signing agreements with providers.
BitTorrent Chain uses smart contracts to develop decentralized applications and facilitate services such as BitTorrent Chain Speed. This service allows users to request higher download speeds and bandwidth that they can purchase with BTTC from providers.