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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%.

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

  • 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.

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

  • 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

Read more from our friends at Bitcoin.com