Bitcoin Falls to $87,724 as Expected Christmas Crypto Rally Fails to Emerge

The cryptocurrency market ends the year without the anticipated Christmas surge, with Bitcoin down 30% from its October high and Ethereum under $3,000.

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Terms & Concepts
  • Christmas rally: A seasonal market surge often expected around the holiday period, also called a Santa Claus rally.
  • Ethereum: A blockchain platform known for enabling smart contracts and decentralized applications.