Categories
Coin News Cryptocurrency Daily Crypto News Media Press Release Trending

Bitcoin Price Tops $24K, Setting New All-Time High

Bitcoin Price cut through $24,000 Saturday afternoon, setting a new record high as the leading cryptocurrency’s ongoing rally continues through the weekend before Christmas.

Live Bitcoin Price INR 18,47,212+

  • The price of the leading cryptocurrency continued its recent torrid run, setting a new all-time high of $24,122.67 before falling back to $23,978.86, up 5.49% on the day.
  • The record price comes two days after bitcoin (BTC, +4.71%) first sliced through the $23,000 price point amid its more than 12% intraday gains.
  • With the latest price increase, bitcoin’s year-to-date percentage gains have grown to over 225%.
  • Social media is lighting up with bitcoin-related chatter as mainstream audiences pay increasing attention to bitcoin’s sustained rally. Tweets about bitcoin nears three-year highs Thursday per CoinDesk’s prior reporting as record prices attract increasing attention.
  • Coinciding with the weekend price jump, Christopher Wood, global head of equity strategy at investment firm Jefferies, is reportedly planning to cut his exposure to gold for the first time in years in favor of a first-time ever position in bitcoin. Wood is set to cut his gold position from 50% to 45% and initiate a 5% bitcoin holding.

Tax on Cryptocurrency In India – Complete Guide 2022

Wondering how taxation on crypto works in India? How much do you have to pay tax on cryptocurrency in India? How 1% TDS is levied on crypto? Don’t worry we ...
Read More

New Cryptocurrency Bill Advances to Senate in Brazil

A new cryptocurrency bill was approved by the Chamber of Deputies of the Brazilian Congress last week, and is now awaiting review by the Senate for approval. The project, if ...
Read More

USDC Sees Native Launch on Avalanche

USDC, the second leading stablecoin by market cap, has been launched on the Avalanche blockchain as a native token. Previously, users wanting to get USDC in Avalanche had to bridge ...
Read More

Crypto Lender Nexo Launches NFT Lending Desk, Loans up to 20% for Popular NFTs

On December 16, the blockchain-based lending platform Nexo announced the firm has launched a non-fungible token (NFT) lending desk. While the company offered crypto-backed loans using tokens like bitcoin and ...
Read More
Share with Others

One reply on “Bitcoin Price Tops $24K, Setting New All-Time High”

Hi, Really appreciate your work. We are also in blockchain development. Your article influences me. I would like to bookmark your blog. Waiting for your next blog. Thanks

Leave a Reply

Your email address will not be published. Required fields are marked *