Crypto news: Santa rally in full swing, bitcoin above $51,000
06:37, 24 December 2021
Santa rally in the cryptocurrency market is in full swing, as bitcoin (BTC) was trading above $51,000 in London early trading, finally breaking through $50,000 after resisting the mark for two weeks.
The whole market with digital tokens advanced by a handsome 5.56% in the last 24 hours.
Altcoin Polygon (MATIC) reached its record high of $2.73, on the back of recent integrations news.
On Wednesday, Uniswap, a decentralised cryptocurrency exchange, announced its v3 contracts have been deployed on Ethereum scaling solution Polygon.
Earlier this week, web browser Opera said it would integrate with Polygon: “The integration is set to occur in Q1 2022 and will enable millions of Opera users in-browser access to over 3,000 decentralised apps (dapps) on the Polygon network. The Opera crypto wallet, which is built into the browser, will also allow them to transact with MATIC,” the web browser provider said in a statement.
Quote of the day:
El Salvador's president Nayib Bukele, speaking on his country’s adoption of bitcoin as legal tender, said
What is your sentiment on BTC/USD?
Round-up of coins by market capitalisation
As of 08.45 GMT:
- Bitcoin (BTC) added a handsome 5.96% over the last 24 hours and is trading at $51,181.54
- Ether (ETH) gained 4.40% to $4,105.14
- Binance coin (BNB) climbed 4.04% to $548.27
Winners and losers
- Terra (LUNA) added an impressive 54.45% in the last seven days of trading