There’s potential for a 2024 Santa Claus rally across the crypto markets. Historical trends, market factors and this year’s bull run could lead to significant gains.
Bitcoin news
MicroStrategy’s latest Bitcoin purchase brings its total BTC holdings to 439,000 BTC, bought at the aggregate purchase price of $27.1 billion.
Bitcoin‘s surge past $106,000 for the first time in history prompts predictions for a further rally toward $120,00 and beyond.
Crypto ETPs recorded $20.3 billion of inflows during the past 10 weeks, accounting for 45% of all inflows in 2024.
The intrinsic value of cryptocurrencies can be calculated using Metcalfe’s Law, production costs and discounted utility models.
The Bitcoin to gold ratio hit a new ATH at 40 gold ounces per BTC as the Bitcoin price peaked above $106,000 on Dec. 16.
Bitcoin sees a fresh wave of short-term bullishness as BTC price discovery returns in time for Christmas.
The Grayscale Bitcoin Trust has had $21 billion in outflows since January, overshadowing gains from the nine new US-based spot Bitcoin ETFs in the market.
Analysts say Bitcoin’s 2025 cycle target begins at $175,000 and could extend above $461,000.
A massive $19.8 billion Bitcoin options expiry takes place on Dec. 27. Are bulls or bears better positioned?