Anasayfa Korku ve Açgözlülük Madencilik Havuzları cüzdan Sözlük duyurmak Facebook Twitter Telegram Reddit Youtube
Kripto Değeri:
24-Saat Hacmi:
Aktif Kripto Para Birimleri: 12450
Pazar: 96130
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Kripto Değeri
24-Saat Hacmi
12450
Aktif Kripto Para Birimleri
55.82%
Bitcoin Pay
Finbold 2024-12-30 15:31:13

‘Santa Claus rally’ wipes $200 billion from crypto market

‘Santa Claus rally’ wipes $200 billion from crypto market

The final days of a year are usually strong across the markets as lower volatility makes the impact of individual trades greater and as the holiday cheer lifts the spirits of investors. In 2024, however, the so-called ‘Santa Claus rally’ was truly spoiled by December 30, as both the stock and cryptocurrency markets experienced a substantial downturn. The crypto market, in particular, proved bloody as the cumulative valuation of digital assets collapsed approximately $200 billion from $3.36 trillion at the start of December 25 to $3.15 billion at press time, per TradingView data. Crypto market valuation 1-week chart. Source: TradingView Why ‘Santa Claus rally’ was replaced by a ‘Grinch downturn’ The lack of the ‘Santa Claus rally’ – or, perhaps, the presence of the ‘Grinch downturn’ – can largely be attributed to a relatively expected correction and consolidation phase following a massive upsurge as, for example, the cryptocurrency market capitalization skyrocketed $1.4 trillion from $2.29 trillion at the start of November to $3.69 trillion on December 17 – a 61.14% increase. Furthermore, it fell in line with a broader plunge that came as the most recent Federal Open Market Committee (FOMC) meeting reignited fears of weakening equity markets and the likely higher inflation rate in 2025. Indeed, while digital assets, spearheaded by Bitcoin ( BTC ), which fell from about $108,000 in mid-December to $91,687 at press time, took much of the attention, the S&P 500 stock index is down 2.83% since December 17. Additionally, major stocks like Amazon (NASDAQ: AMZN ) and Tesla Motors (NASDAQ: TSLA ) are down 5.17% and 13%, respectively. S&P 500 index 30-day price chart. Source: Google Will the crypto market continue rallying in 2025? Still, it is worth pointing out that the latest decline, despite seeing vast amounts of wealth erased from the markets, did little to diminish the overall rise of digital assets – and technology stocks and gold – in 2024. In fact, while the $200 billion 5-day wipe is staggering and was doubtlessly painful for many investors, the cryptocurrency market is still up $1.47 trillion in 2024, as it started the year with a market capitalization of $1.67 trillion. Cryptocurrency market valuation YTD chart. Source: TradingView Finally, the latest downturn is not necessarily indicative of more trouble ahead as there is, at least at press time on December 30, something of a consensus that the bull market will persist in 2025, with Bitcoin leading the way with stellar price targets that range from lows at $220,000 to highs above $800,000 . Featured image via Shutterstock The post ‘Santa Claus rally’ wipes $200 billion from crypto market appeared first on Finbold .

En Okunan haberler



Cryptohopper
hardware wallets, hardware , wallets, Crypto Currency, Cryptocurrency hardware wallets, Crypto Apparal, crypto wallet, Cryptocurrency wallets

Kripto Değeri
24-Saat Hacmi
55.82%
Bitcoin Pay
451
Bugünün Haberleri
Feragatnameyi okuyun : Burada sunulan tüm içerikler web sitemiz, köprülü siteler, ilgili uygulamalar, forumlar, bloglar, sosyal medya hesapları ve diğer platformlar (“Site”), sadece üçüncü taraf kaynaklardan temin edilen genel bilgileriniz içindir. İçeriğimizle ilgili olarak, doğruluk ve güncellenmişlik dahil ancak bunlarla sınırlı olmamak üzere, hiçbir şekilde hiçbir garanti vermemekteyiz. Sağladığımız içeriğin hiçbir kısmı, herhangi bir amaç için özel bir güvene yönelik mali tavsiye, hukuki danışmanlık veya başka herhangi bir tavsiye formunu oluşturmaz. İçeriğimize herhangi bir kullanım veya güven, yalnızca kendi risk ve takdir yetkinizdedir. İçeriğinizi incelemeden önce kendi araştırmanızı yürütmeli, incelemeli, analiz etmeli ve doğrulamalısınız. Ticaret büyük kayıplara yol açabilecek yüksek riskli bir faaliyettir, bu nedenle herhangi bir karar vermeden önce mali danışmanınıza danışın. Sitemizde hiçbir içerik bir teklif veya teklif anlamına gelmez