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International Business Times
International Business Times
Business
Marvie Basilan

Bitcoin, Top Altcoins Feel Holiday Cheer As Christmas Eve Ushers In Gains

Bitcoin altcoin United States BTC Polymarket
LONDON, ENGLAND - JANUARY 09: In this photo illustration, a visual representation of the digital Cryptocurrency, Bitcoin is seen on January 09, 2024 in London, England. (Credit: Dan Kitwood/Getty Images)

KEY POINTS

  • Bitcoin increased 4.5% overnight and is now trading at around $98,000
  • Some major altcoins are also climbing, including Solana and $XRP
  • A few memecoins saw significant gains overnight, including $PENGU

Christmas Eve has been a wonderful time for cryptocurrencies as Bitcoin and major altcoins logged gains overnight, signaling the potential start of the crypto market's recovery.

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