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Bitcoin Tops $24.6K on Christmas Day, Sets New All-Time High
Bitcoin price hit $24,500 on Christmas Day, setting a new record high as the leading cryptocurrency’s ongoing rally continues.
"O, come all ye HODLers..." "Bitcoin we have seen on high..."
STORY CONTINUES BELOW
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Regardless of what song one wants to ruin, there's no denying bitcoin has been the gift that keeps on giving this holiday season, cutting through $24,500 on Christmas Day and setting another all-time high.
- The price of the leading cryptocurrency set a new all-time mark of $24,667.63 before falling back to $24,442.24, up 5.92% on the day.
- The record price comes a week to the day bitcoin set the prior record of $24,122.67.
- With the latest price increase, bitcoin's year-to-date percentage gains have grown to over 240%.
"So have yourself a merry little Bitmas..."
Sorry, couldn't resist one more. Happy holidays, everyone!
Tanzeel Akhtar
Tanzeel Akhtar has contributed to The Wall Street Journal, BBC, Bloomberg, CNBC, Forbes Africa, Financial Times, The Street, Citywire, Investing.com, Euromoney, Yahoo! Finance, Benzinga, Kitco News, African Business Magazine, Hedge Week, Campden Family Office, Modern Investor, Spear's Wealth Management Magazine, Global Investor, ETF.com, ETF Stream, CIO UK, Funds Global Asia, Portfolio Institutional, Interactive Investor, Bitcoin Magazine, CryptoNews.com, Bitcoin.com, The Local, The Next Web, Mining Journal, Money Marketing, Marketing Week and more. Tanzeel trained as a foreign correspondent at the University of Helsinki, Finland and newspaper journalist at the University of Central Lancashire, UK. She holds a BA (Honours) in English Literature from the Manchester Metropolitan University, UK and completed a semester abroad as an ERASMUS student at the National and Kapodistrian University of Athens, Greece. She is NCTJ Qualified - Media Law, Public Administration and passed the Shorthand 100WPM with distinction. She does not currently hold value in any digital currencies or projects.
Kevin Reynolds
Kevin Reynolds was the editor-in-chief at CoinDesk. Prior to joining the company in mid-2020, Reynolds spent 23 years at Bloomberg, where he won two CEO awards for moving the needle for the entire company and established himself as one of the world's leading experts in real-time financial news. In addition to having done almost every job in the newsroom, Reynolds built, scaled and ran products for every asset class, including First Word, a 250-person global news/analysis service for professional clients, as well as Bloomberg's Speed Desk and the training program that all Bloomberg News hires worldwide are required to take. He also turned around several other operations, including the company's flash headlines desk and was instrumental in the turnaround of Bloomberg's BGOV unit. He shares a patent for a content management system he helped design, is a Certified Scrum Master, and a veteran of the U.S. Marine Corps. He owns bitcoin, ether, polygon and solana.
