Over the holiday weekend, Bitcoin's price remained trapped below $51,000.
To all readers here, this article will inform you about the Bitcoin price that didn't increase over the holiday.
Price Movement: Bitcoin didn't even move much over the holiday weekend in the United States, as market activity was low.
Bitcoin began the week with a loss below $46,000 on Monday morning, before rallying into the Christmas weekend, and has been trading between $48,000 and $52,000 since Tuesday.
Price in the Market
Bitcoin (BTC): $50,818 +0.4%
Ether (ETH): $4,077 -0.2%
S&P 500: $4,725 +0.6%
DJIA: $35,950 +0.5%
Nasdaq: $15,653 +0.8%
After a "Santa surge" on Friday, Bitcoin, the most valuable cryptocurrency by market capitalization, fell below $50,000. Bitcoin has regained ground and was hovering around $50,800 at the time of writing.
In the United Kingdom, crypto trading activity was mainly quiet on Christmas Day and the day after, Boxing Day. The trading volume of bitcoin on the big controlled exchanges was minimal.
Ether and other promising resource cryptocurrencies saw minimal movement over the weekend, with ether trading at around $4,070 at the time of publication, down substantially from Friday's surge to above $4,100. In the other hand, Polkadot (DOT) was one of the top gainers over the weekend, gaining over 8% in the last 24 hours but still being down from its 30-day high.
In the last seven days, the price of Bitcoin has increased by 9.49 percent. In the last 24 hours, the price has risen by 2.19 percent. The price has dropped by 0.04 percent in the last hour.
Bitcoin is currently trading at $50,951.12 USD, with a 24-hour trading volume of $20,123,291,056 USD. The BTC to USD pricing is updated in real-time. In the previous 24 hours, Bitcoin has gained 2.13 percent. With a live market cap of $963,589,383,454 USD, CoinMarketCap currently ranks #1. It has a maximum supply of 18,912,037 BTC coins and a circulating supply of 18,912,037 BTC coins. 21,000,000 BTC coins are available.
Credits to the owner of the picture.
Coindesk/CryptoCompare.
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