Bitcoin and Market Dynamics

🟣On Christmas Eve, Bitcoin recovered with a 5% rise to $99,000 before correcting slightly to $98,000. Notably, Binance surpassed U.S.-based platforms in BTC pricing—a rare occurrence in 2024. Meanwhile, American Bitcoin ETFs experienced a substantial capital outflow of $340 million, contrasting with Ethereum funds, which attracted new investors.

🟣Ethereum (ETH) gained 2.5%, reaching $3,501. The Fear and Greed Index remained in the “Greed” zone at 74/100, while the total crypto market capitalization climbed to $3.43 trillion. Among the top 100 tokens by market cap, MOVE, BGB, and PENGU led the gains.