Crypto Markets Rebound, BTC Taps Another All-Time High, Bitstamp Drops XRP for US Customers

The price of bitcoin and a myriad of digital currencies have seen some significant gains on Christmas day. Bitcoin touched another all-time price high at $24,662 per coin, while many other crypto assets rebounded from the previous day’s slump.

  • On December 25, 2020, bitcoin (BTC) touched an all-time high (ATH) at $24,662 per coin after dropping to a low of $22,879 on December 23. BTC is up over 3.7% today, over 28% for the last 30 days, and 124% for the last 90 days. At the time of publication, BTC is swapping between $24,150 to $24,350 per coin.
  • The overall market capitalization of all 7,500+ digital currencies in existence is $637 billion on Friday. Bitcoin’s (BTC) dominance index today out of the aggregate market valuation is 68%.

  • Ethereum is still down over 4% the last seven days and is currently swapping for $618 per ether. However, ETH is up 8% for the last 30 days and 90-day stats show ether is 73%. Ethereum has a $69 billion market capitalization at the time of publication. XRP is up since the big drop the other day after losing nearly 40% in value.

  • XRP is swapping for $0.31 per unit and is up 19% during the last 24 hours. However, XRP is down over 42% for the last seven days, 59% for the 30-day span but the token is still up 37% over the 90-day span.
  • When the U.S. Securities and Exchange Commission (SEC) announced it was suing the company Ripple and the top two executives, the crypto-asset XRP dropped significantly in value. Platforms such as OSL, Crosstower, Beaxy, Bitwise, Galaxy Digital, and Jump Trading have dropped the token.
  • On Christmas day, the exchange Bitstamp announced it was delisting XRP in the U.S. on January 8, 2021. “Other countries are not affected,” Bitstamp detailed.
  • Litecoin (LTC) is up 13% today and each token is trading for $120 per LTC. Litecoin has gained 10% during the last seven days, up 48% for the 30-day span, and 162% in gains during the last 90 days.
  • Bitcoin cash (BCH) is swapping for $309 per coin and the crypto asset is up over 8% today. BCH has gained 39% during the last 90 days but is down 23% over the 30-day span, and down a touch over 1% over the course of the week.

  • Today’s top gainers on Christmas day include coins like stakenet (XSN), refereum (RFR), and XRP. The biggest losers on December 25, 2020 include golem (GNT), trueflip (TFL), and crypterium (CRPT).

Source: Read Full Article