Bitcoin and Top Crypto Assets See Price Surge as CME BTC Futures Set to Expire Today

2018-12-29 23:58

Right before Christmas, Bitcoin (BTC) and some of the other top tokens in the market have risen in value. When Christmas Eve started, Bitcoin’s price was below the $4,000 USD mark, but it was above $4,250 USD when Christmas finally arrived.

This so-called Santa Rally is famous in the traditional stock markets because a lot of professional traders and fund managers wind down on their operations because they are set to take some days off at the end of the year, so retail investors generally get bullish around the time and prices go up. It is also said that New Year optimism also has an effect at this.

However, the Santa Rally did not really last at all. Bitcoin dropped on Christmas day and basically reverted to its old value. There is something even worse happening, though, the CME Bitcoin futures are abou to expire and this will negatively affect the market.

The End of The Futures Contracts

It is being widely debated whether the contracts that are ending today are really going to let any lasting effect in the market. In some recent months, they did not affect it so much, but in November they affected it a little bit more.

Despite the end of the contracts, cryptos are in the red anyway. Bitcoin is down 3.5% in the last 24 hours and XRP has fallen 4.5%. Bitcoin Cash is the greatest loser of the today today with 10.47% down from this timeframe.

The Santa Rally did not really happen and now the prospects for the end of the year are not great. Bitcoin may (and probably will) make a comeback in 2019, but nobody is sure that this comeback will actually be done soon. In fact, it is more likely that the prices will still continue to drop for some time instead of going up anytime soon, unfortunately.

origin »

Bitcoin (BTC) на Currencies.ru

$ 95204.49 (-0.22%)
Объем 24H $102.293b
Изменеия 24h: -3.89 %, 7d: -3.80 %
Cегодня L: $92791.64 - H: $97869.86
Капитализация $1886.865b Rank 1
Цена в час новости $ 3911.23 (2334.13%)

bitcoin christmas btc usd price when 250

Источник: bitcoinexchangeguide.com

bitcoin christmas → Результатов: 62


Фото:

Bitcoin Price Caps Christmas Cheer as Stock Traders Receive Coal

Bitcoin price fought off a full correction of its recent bull run December 25 as traders fled the “worst” Christmas Eve ever for stock markets. Bitcoin Price Retraces 10 Percent Data from across major exchanges delivered what many had expected for cryptocurrency markets Monday – a reversal of the bullish trend which at one point gave Bitcoin two-week gains of over 35 percent.

2018-12-25 13:30


Bitcoin Cash Price Loses 20% as Bitmain Lays off Entire Team

What goes up must come down. The week started off on a good note, markets seemed to be recovering and most cryptocurrencies saw double digit gains. Unfortunately, it seems the Monday bull run is coming to an end as the market is correcting on Christmas eve, effectively erasing the gains sustained in the past 24 […] The post Bitcoin Cash Price Loses 20% as Bitmain Lays off Entire Team appeared first on NullTX.

2018-12-25 08:03


Here’s A Refresher On How To Explain Bitcoin At Christmas As Crypto Interest Remains High For The Holidays

Interest For Bitcoin Remains High Around The World Although Bitcoin (BTC) and virtual currencies did not have a positive year, the interest in virtual currencies remains high. There are several retail investors and people that are very interested in understanding how cryptocurrencies work and which is the future potential they have. According to a new […]

2018-12-21 20:26


Фото:

Lost Money Trading Cryptos This Year? Here’s How You Can Benefit at Tax Time

Last Thanksgiving, Bitcoin was in the middle of a bull run that would result in a record high of $19,511 just before Christmas. Now, Bitcoin is worth just $3,752. If you bought Bitcoin and other cryptos when their prices were high, there’s a silver lining around the gray state of crypto markets now: any losses […] Lost Money Trading Cryptos This Year? Here’s How You Can Benefit at Tax Time was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-12-21 22:52


Lost Money Trading Crypto This Year? Here’s How to Recoup Your Losses at Tax Time

Last Thanksgiving, Bitcoin was in the middle of a bull run that would result in a record high of $19,511 just before Christmas. Now, Bitcoin is worth just $3,752. If you bought Bitcoin and other cryptos when their prices were high, there’s a silver lining around the gray state of crypto markets now: any losses […] The post Lost Money Trading Crypto This Year? Here’s How to Recoup Your Losses at Tax Time appeared first on Ethereum World News.

2018-12-20 20:31


Why Popular 2018 End of Year Bitcoin (BTC) Price Predictions Are No Longer Valid

With the Holiday season in high gear, we have less than 3 weeks till we usher in the new year of 2019. Many individuals across the globe are probably decorating their Christmas trees and planning on how they will meet up with loved ones in the next few days as well as for New Year’s […] The post Why Popular 2018 End of Year Bitcoin (BTC) Price Predictions Are No Longer Valid appeared first on Ethereum World News.

2018-12-12 14:19


Фото:

Andreas Antonopoulos’ Christmas Gift: “Mastering Ethereum” Coming this December

While the world of blockchain technology and cryptocurrencies might be in its infancy currently, it has produced some of the most dynamic and influential leaders in recent times. Creating Information of Cryptocurrency Protocols Ethereum co-founder Vitalik Buterin, Binance chief Changpeng Zhao are some of the personalities who are spearheading the community towards a better tomorrow by leveraging the emerging technologies.

2018-11-13 22:00


дальше еще 13 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

AI agents: From 100x returns to market correction - What's next?

AI agents delivered 100x-1000x returns, but market correction followed the hype. The next phase of these agents will focus on real-world applications in DeFi and memecoin trading. In late 20The post AI agents: From 100x returns to market correction - What's next? appeared first on AMBCrypto.

Ethereum continues to struggles: Bears eye drop below $3K

Ethereum was unable to reclaim $3.4k as support during the most recent try. The liquidations data showed that price is poised for a move below $3k soon. The Ethereum [ETH] leadership has facThe post Ethereum continues to struggles: Bears eye drop below $3K appeared first on AMBCrypto.

Crypto market's weekly winners and losers – DEXE, JTO, PENGU, XCN

Top gainers: MANTRA (+18%), Jito (+8.88%), DeXe (+8.65%). Top losers: PENGU (-41%), VIRTUAL (-34%), XCN (-30%). The crypto market displayed diverse trends this week, with select tokens postiThe post Crypto market's weekly winners and losers – DEXE, JTO, PENGU, XCN appeared first on AMBCrypto.

Ripple moves 700 million XRP into escrow - What this means for prices

On-chain metrics revealed that exchanges have witnessed an outflow of $70.50 million worth of XRP. XRP could fall by 10% to reach $2.55 if it fails to hold the $2.88 level. Amid the current The post Ripple moves 700 million XRP into escrow - What this means for prices appeared first on AMBCrypto.

Arbitrum whales, retail sellers drain ARB: Will it sink to new lows?

ARB recorded the highest negative chain netflow in the past 24 hours as liquidity was withdrawn. Large holders continued to offload their ARB holdings. In the past 24 hours, Arbitrum [ARB] hThe post Arbitrum whales, retail sellers drain ARB: Will it sink to new lows? appeared first on AMBCrypto.

XRP TVL surges past $80M while ETF hype builds - What's next?

XRP's TVL surpasses $80 million, marking a rapid expansion in the DeFi space. Rising network activity and ETF speculation contribute to XRP's strong bullish momentum. XRP has started 2025 wiThe post XRP TVL surges past $80M while ETF hype builds - What's next? appeared first on AMBCrypto.

Too many altcoins? Why capital is drying up for small tokens

Bitcoin’s rising dominance is sidelining altcoins, raising doubts about future explosive altcoin rallies The flood of new tokens is diluting investor interest, making altcoin surges harder toThe post Too many altcoins? Why capital is drying up for small tokens appeared first on AMBCrypto.