Why Does Cryptocurrency Spike In December

Last Updated on December 23, 2023 by Paganoto

Bitcoin's Price Rises Above $24,000 Amid Mixed Economic …

“Many investors are concerned the macro economic outlook won’t improve anytime soon, so they sell every price increase,” Hiesboeck says. “At the …

Cryptocurrency prices fall in December, investors blame …

The rising number of cases of the Covid omicron variant in the U.S. are a major catalyst for the falling cryptocurrency prices in December, …

LIVE MARKETS Does crypto get a "Santa rally" or lump of coal …

On the brighter side, CryptoCompare notes that weekly flows in December still average around $43.4 million of inflows each week. Unsurprisingly, …

What Does Bitcoin's Historical December Performance Tell …

As the crypto rebounded in 2019, the run-up was largely confined to the first-half of the year, leaving it in red in December. Thus far, in 2021 …

Bitcoin may see major price volatility at the start of December

There are three key factors that could cause the volatility of Bitcoin to spike upon the weekly and monthly candle close.

Bitcoin: why the price has exploded – and where it goes from …

One reason for the massive price rise is that there has been a big influx of investors from large-scale institutions such as pension schemes, …

Early December Bloodbath Cranks Up Bitcoin Trading Volume

Data shows that the crash in Bitcoin’s price during early December has caused a surge in the crypto’s daily trading volume.

Why Does the Price of Bitcoin Keep Going Up? – Investopedia

As of December 16, Bitcoin has increased by about 195% year-to-date, topping $23,000, but what is driving this meteoric rise?

Bitcoin's Bullish Trajectory Intact, but December Jump to $100 …

According to historical data, bitcoin could rally to around $73,000 – about $29% above the current price of $56,400, should the macro situation …

This is how the bitcoin bubble will burst | WIRED UK

The ongoing bitcoin price surge might seem crazier than 2017, but it is driven … digital currency has been on a roll since mid-December.

Paganoto

Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.