Bitcoin's market cap drops by $2 trillion after Christmas, price falls by 4%.
From Investing.com
December 26, 2024 12:00:23 PM:
After Christmas, the price of Bitcoin fell by 4%, causing a loss of $2 trillion in market capitalization. December marks the end of the quarter, month, and year, leading traders to close positions. Bitcoin’s correlation with traditional markets increases vulnerability to their trends. The cryptocurrency’s price dropped to $92,300 from an all-time high of $108,353.
Read more at Investing.com: Bitcoin (BTC) Loses $2 Trillion Market Cap By U.Today