Bitcoin And Other Cryptos Rockin’ Around The Christmas Tree

Investing, News | December 24, 2018 By:

It’s a Christmas miracle, as bitcoin soars once again above the $4,000 mark. Okay, maybe that’s not great when it was above $20,000 at this point a year ago, but still – all rallies start somewhere.

Super heavy volume indicated no one is sleeping on bitcoin, as it is now at $4,100, up close to three percent and rising as high as $4,200. The Santa Claus rally now looks toward important psychological barriers like $4,500 and $5,000, if it has legs.

Also on the march is ethereum, which is up close to 15% and now at $148, a remarkable bull run considering it was languishing in the $80 range not long ago. Buyers were also hot on XRP (up more than 12 percent) and Stellar (topping 7 percent).