📉 Bitcoin dropped around $1,000 on Christmas Eve and temporarily fell below $43,000 but recovered back above it.
🚀 Polkadot is the cryptocurrency with the largest market capitalization increasing the most today, with an increase of 5% on the day. Meanwhile, SOL and AVAX fell after recent price increases.
- After a week of unfavorable trading, Bitcoin surged on Wednesday and Friday, surpassing $44,000. However, the price has not been able to sustain at this level and has dropped slightly.
Bitcoin is currently trading just above $43,000, with the market down to $843 billion and dominance over other cryptocurrencies falling below 51%.
- Most large-cap cryptocurrencies are down slightly on the day, including ETH, SOL, BNB, ADA, AVAX, DOGE and LINK. In contrast, Polkadot surged 5% and pushed the DOT price above $9.
- This week, Near Protocol and Mina lead the way with an impressive 80% increase. Optimism and Sei increased by 70%, while SOL increased by 60%. In fact, Solana's coin has become the fourth largest digital asset, with a market of nearly $50 billion.
- Total cryptocurrency market capitalization has increased by nearly $100 billion over the past week and is now above $1,650 trillion.