Bitcoin, the No. 1 cryptocurrency by market capitalization, retreated to below $50,000, after a “Santa rally” sent it above $51,000 Friday. At the time of publication, bitcoin had regained ground and was hovering around $50,800.
Crypto trading activity was mostly muted on Christmas day and the day after, Boxing Day in the U.K. Bitcoin’s trading volume across major centralized exchanges was low.
Ether and other major alternative cryptocurrencies also moved little over the weekend: At the time of publication, ether was changing hands at about $4,070, slightly down from Friday’s rally to above $4,100.
Although still down from its 30-day high, polkadot (DOT) was one of the top gainers over the weekend, up over 8% in the past 24 hours.
Post a Comment