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news-imageDecember 27, 2024

Crypto Price Analysis 12-27 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, DOGECOIN: DOGE, RIPPLE: XRP, UNISWAP: UNI, INJECTIVE: INJ

Bitcoin (BTC) fell further on Boxing Day, plummeting from $98,000 to a low of $95,214, failing to reclaim $100,000 over the holiday period. The cryptocurrency is down just over 2% over the past 24 hours, trading around the $96,100 mark with sellers firmly in control.
Publisher: Crypto Daily
Sentiment: Negative
BTC
DOGE

More News Articles

Positive
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Is XRP (Ripple) More Likely to Hit $4 or Dogecoin $0.60 in 2025?

Crypto prices are up a ton since Donald Trump won the presidential election in early November, and crypto prices by and large have held up pretty well in the face of a recent rise in Treasury yields. Most investors are still bullish on the regulatory tailwinds Trump could unleash when he takes office.

Positive
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Positive
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January 18, 2025

Ethereum Eyes $4,000 as Futures Open Interest Hits Record High

Ethereum (ETH) futures open interest has surged to an all-time high of 9 million ETH as of January 17, fueled by strong institutional demand and rising bullish sentiment, raising the possibility of Ethereum testing $4,000 in the near future. According to CoinTelegraph on January 18, ETH futures open interest increased by 10% over the past two weeks, reaching unprecedented levels.

Neutral
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Bitcoin Price Surge Fails to Spark Venture Capital Growth in Blockchain Sector

Despite Bitcoins (BTC) bull run in 2024, blockchain venture capital (VC) investments did not see a proportional increase, signaling a shift in institutional investment strategies for the cryptocurrency and blockchain startup ecosystem. According to a CoinTelegraph report on January 18, a January 16 study by Insights For VC revealed a weakening correlation between Bitcoin prices and VC funding since 2023.

Positive
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XRP Hits 7-Year High as FTX Prepares $1.2 Billion Repayment

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Positive
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January 18, 2025

U.S. Bitcoin Reserve Likelihood Soars as Focus Turns to Trump's Crypto Policies

The probability of President-elect Donald Trump establishing a strategic Bitcoin (BTC) reserve after his inauguration has surged to 70% in betting markets, fueling anticipation within the cryptocurrency industry. According to CoinTelegraph on January 8, prediction markets like Kalshi, a U.S. derivatives exchange, and Polymarket, a crypto-based prediction platform, estimate a 70% and 42% likelihood, respectively, that Trump will establish a Bitcoin reserve by 2026.

Positive
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Crypto Liquidations Cross $300 Million As Bitcoin Reclaims $102,000

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