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📉 Bitcoin briefly fell below $43,000 on Christmas Eve, dropping nearly $1,000, but is currently hovering above that level.
🚀 Polkadot is currently the best-performing cryptocurrency among alternative cryptocurrencies with large market caps, with a daily increase of 5%. In contrast, SOL and AVAX have declined following recent rallies.
- Bitcoin rose above $44,000 on Wednesday and Friday after a negative start earlier last week. However, the bears quickly intervened in these movements and did not allow further increases.
- BTC failed to hold its position above $44,000 and declined slightly. In fact, the cryptocurrency remained in a narrow range between $43,000 and $44,000.
- Sunday evening, on the other hand, was a bit troublesome for the bulls. BTC dropped almost $1,000 to $42,700 (via Bitstamp). However, it reacted quite well to this decline and recouped a large part of the losses. As a result, bitcoin is currently trading just above $43,000.
- Polkadot rose 5% to $9. On a weekly basis, Near Protocol and Mina stand out with massive increases of 80%.
- Optimism and Sei follow with 70% increases, with SOL up 60% over the same period, making it the fourth-largest digital asset with a market cap of almost $50 billion.
- The total cryptocurrency market cap currently stands at over $1.650 trillion, up nearly $100 billion in the past week.