“Bitcoin Settles Above $19K, Why BTC Could Break $19.5K This Time” Daily Crypto Report 14/12/2020

Price Change Today:

BTC is up 1.1% at $19,081

ETH is up 2.6% at $584,

XRP is up 2.8% at $0.507.

Top gainers in the last 24 hours:

XLM is up 8%,

SNX is up 7%,

and, LTC is up 5%.

Top Crypto Headlines for 14/12/2020:

1. Christmas Market Could See Santa Rally Drive Ethereum, XRP Prices Higher and Bitcoin to $20K

After stagnation in the crypto markets last week, Bitcoin has stormed into the holiday season with a fresh price surge above $19,000—with many investors anticipating that the Christmas market conditions will see the BTC price finally conquer the $20,000 barrier.

2. Bitcoin Settles Above $19K, Why BTC Could Break $19.5K This Time

Bitcoin price is trading in a positive zone above the $19,000 zone against the US Dollar. BTC could break a key bullish pattern, suggesting high chances of more upsides above $19,500.

3. Chainlink Could be on the Cusp of Rocketing Higher as Strength Against BTC Grows

Chainlink has seen some mixed price action over the past few days and weeks, with sellers previously taking control of its price. The cryptocurrency is now showing some signs of strength as the entire market begins to rebound and climb higher.

4. Ethereum Turns Green Above $580, Why $600 is Still a Crucial Hurdle

Ethereum started a steady increase and climbed above $580 against the US Dollar, similar to bitcoin. ETH price is consolidating gains and it could correct lower in the short-term.

5. IOTA Announces Launch of Chrysalis Testnet

In its latest tweet, the IOTA Foundation has announced that the launch of the Chrysalis test net is going to take place on Dec. 14.  The team of developers has been so far experimenting with Chrysalis within the comfort of a private test net that denies entry to arbitrary users.

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