Market updates
Bitcoin ‘Santa rally’ buyers step in to drive BTC price to $98K
Boshlovchi
2024-12-25 | 5m
Bitcoin bulls everywhere may be in for a green Christmas as
BTC price action sees a snap rebound.
Bitcoin
passed $98,000 after the Dec. 24 Wall Street open as “large spot buyers” lifted deflated BTC price action. Up by more than 3% on the day, Bitcoin attracted fresh bids after a shaky start to the week saw a retest of December lows.
Commenting on the latest moves, popular X account Exitpump was among the optimists hoping that a “Santa rally” may have come for crypto after all. “BTC Large spot buyers showing up, lfg,” a post
stated alongside a chart showing exchange order-book volumes.
Crypto exchange BTC order book data. Source: Exitpump/X
Source:
CoinTelegraph
Futures Market Updates
The Santa rally brought BTC back to $98K and liquidated some $50M in short liquidations.
Bitcoin Futures Updates
Total BTC Open Interest: $61.10B (+0.26%)
BTC Volume (24H): $99.36B (-4.56%)
BTC Liquidations (24H): $21.31M (Long)/$49.14M (Short)
Long/Short Ratio: 49.09%/50.91%
Funding Rate: 0.0094%
Ether Futures Updates
Total ETH Open Interest: $24.00B (+3.46%)
ETH Volume (24H): $35.51B (-30.32%)
ETH Liquidations (24H): $23.72M (Long)/$19.56M (Short)
Long/Short Ratio: 48.05%/51.95%
Funding Rate: 0.0094%
Top 3 OI Surges
BOND: $13.89K (+264.87%)
PHA: $5.05M (+237.77%)
DEXE: $4.90M (+181.16%)
Bo'lishish
PI-ni qanday sotish kerakBitget PI ro'yxatini kiritiadi – Bitgetda PI-ni tezda sotib oling yoki soting!
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Biz barcha sevimli tangalaringizni taklif qilamiz!
BTC, ETH, SOL, DOGE, SHIB, PEPE kabi mashhur kriptovalyutalarni sotib oling, saqlang va soting, ro'yxat davom etadi. Ro'yxatdan o'ting va 6200 USDT yangi foydalanuvchi sovg'a to'plamini olish uchun savdo qiling!
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