Strategic accumulation and potential liquidity easing measures could breed a Santa rally, according to analysts.
Bitcoin Traders Eye Seasonal ‘Santa Rally’ as Fed Moves Spur Volatility Hopes
Strategic accumulation and potential liquidity easing measures could breed a Santa rally, according to analysts.
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Total crypto market value jumped toward $3.25 trillion before gains cooled, with bitcoin steady above $96,000 and mixed performance across majors.
Strategy purchased 13,267 BTC for $1.25 billion via the use of common stock and it's perpetual preferred equity STRC.
BCH sees heightened whale activity and rising open interest as traders weigh speculation against weak on-chain usage and recent suspicious transactions.
North Korea-linked addresses, said to be possibly testing the exchange for weaknesses, have accrued losses exceeding $700,000, according to one observer.