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Bitcoin, Ripple, Ethereum, Bitcoin Cash, Stellar, EOS, Litecoin, Bitcoin SV, TRON, Cardano: Price Analysis, Dec. 24 | | Cryptocurrency news. Breaking news on cryptocurrency.
The crypto market has seen all green this Christmas Eve, with Bitcoin solidly above the $4,000 mark. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.The market data is provided by the HitBTC exchange.Christmas has brought some cheer to the crypto traders. The total crypto market capitalization has spiked by about 29 percent from just under $101 billion on Dec. 15 to $143 billion on Christmas Eve.Though it is still way below its all-time-high, the growth over the past few days is showing signs of a bottom formation. In a recent tweet, co-founder of Ethereum, Joseph Lubin, has called a cryptobottom of 2018.The current bounce can only continue until a certain level, after which the market participants will wait for the fundamental factors to improve.One of the most closely watched metrics is the