Bitcoin's Christmas Rally Fizzles as Interest Rates Bite Back

Bitcoin Price (BTC) Reversed Lower After Christmas Rally

The cryptocurrency market experienced a notable shift as Bitcoin's price, which was on the verge of reaching $100,000 during the Christmas period, reversed its course. According to CoinDesk, interest rates that had previously supported prices throughout 2024 have now become a hindrance. The rally stalled just above $99,800 and quickly declined to approximately $95,000 as markets in Asia opened for business. At press time, Bitcoin traded at around $95,300—a decrease of 3.1% over the past day—while other cryptocurrencies like ETH and SOL also faced losses.

Will Ethereum Price Hit $5,000 in 2025? Analysts Stay Optimistic

Despite not breaking its all-time high this year, analysts remain optimistic about Ethereum’s potential growth by 2025. Cryptonews reports that historical trends suggest strong performance for Ethereum in Q1 due to increased whale activity and DeFi dominance with a TVL of $68 billion. However, rising gas fees could pose challenges despite efforts from updates like the Dencun hardfork aimed at reducing costs.

Crypto Price Analysis: BTC Faces Resistance While Altcoins Struggle

A recent analysis by CryptoDaily highlights ongoing struggles within major cryptocurrencies post-Christmas rally attempts. Despite MicroStrategy's continued investment into Bitcoin—which saw them purchase an additional 5k BTC—the broader crypto market remains under pressure with significant outflows noted across U.S.-based ETFs totaling nearly 15k BTC over four days.

XRP Safe Targets Amid Market Uncertainty

The Crypto Basic discusses XRP’s resilience amidst wider market volatility driven largely by Federal Reserve policy impacts on altcoin valuations. Ripple’s native token shows promise towards achieving safe targets such as quadrupling current values with potentially nine times gains achievable if favorable conditions arise soon, according to experts' forecasts.

XRP Funds Record Weekly Inflows As Institutional Investors Dump Solana (SOL)

ZyCrypto reveals contrasting movements between two popular digital assets where institutional investors poured substantial amounts into XRP while simultaneously withdrawing funds from Solana. This resulted in mixed trading patterns observed last week, indicating shifting preferences among larger players who continue to monitor developments closely.

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