$57,814.00
-0.47%$2,355.94
0.22%$545.49
-0.01%$132.37
-2.00%$0.999337
-0.15%$0.562411
4.55%$2,355.58
0.12%$0.104593
2.43%$5.55
2.86%$0.150684
-2.30%$0.352943
-1.37%$23.87
0.98%$2,774.07
0.02%$57,742.00
-0.60%$0.00001351
1.15%$2,353.97
0.11%$10.97
3.27%$328.12
-1.85%$4.30
1.81%$6.88
2.55%$5.56
-1.06%$63.32
2.41%$4.14
-2.30%$0.166588
-1.43%$2,466.83
-0.07%$8.19
-3.21%$1.32
-6.20%$171.35
0.55%$0.00000738
0.78%$6.12
-0.56%$0.407995
7.40%$0.09439
1.71%$18.29
-1.00%$0.998243
0.01%$0.997962
-4.14%$0.997274
-0.34%$1.59
-3.38%$39.05
-0.58%$0.081259
2.45%$3.65
1.05%$142.91
-2.79%$287.38
0.33%$5.04
-4.30%$1.23
-2.76%$0.051258
1.46%$0.564207
0.27%$18.67
-3.06%$0.519626
0.46%$1.52
-1.35%$0.02206005
1.08%$4.19
2.07%$10.94
-0.16%$1.53
-0.75%$1,598.41
-0.74%$2,343.94
-0.69%$0.144564
2.42%$0.477446
-1.89%$0.945499
0.03%$7.68
-2.92%$3.87
-1.52%$2,631.47
-0.34%$19.69
-1.78%$0.399186
5.39%$1.24
2.98%$2,455.49
0.14%$0.00012278
-0.88%$0.00001686
-1.62%$58,072.00
-0.14%$76.37
5.23%$0.127438
-0.40%$0.289172
2.29%$7.93
0.65%$0.743647
0.28%$0.292313
-3.09%$0.01975759
-1.61%$1.14
5.67%$8.04
-0.81%$47.38
-3.26%$1.025
0.05%$0.628268
-1.00%$2,377.08
-0.95%$4.10
-3.78%$0.555306
0.06%$2,349.57
-0.35%$0.919209
-1.17%$0.00000086
-2.12%$2,350.45
0.08%$2.54
-1.03%$0.99907
-0.07%$0.079137
-1.65%$0.00756335
-1.76%$0.133529
0.21%$0.496005
0.35%$0.99703
-0.30%$26.27
-1.31%$0.0139106
-0.11%$0.01468211
1.06%$0.39575
0.37%$4.68
1.53%$0.01795341
-0.92%$8.74
-0.39%$9.47
0.09%$31.55
2.44%$0.00000031
-0.37%$161.35
-1.66%$1.48
4.67%$0.995338
-0.26%$0.645865
1.20%$0.644678
-1.69%$2,563.27
1.83%$0.00003162
-0.93%$0.01362957
51.73%$0.140244
-0.20%$2.44
0.37%$0.25748
-0.01%$57,745.00
-0.44%$2,410.25
-0.18%$17.36
-1.01%$0.90089
0.64%$0.973351
0.46%$2,355.01
0.30%$3.37
-5.12%$1.53
0.90%$0.205716
2.96%$0.00100991
-2.82%$0.274905
1.19%$0.425682
-0.22%$0.997366
-0.15%$0.729372
-2.65%$2,539.56
0.18%$2,559.98
1.34%$0.053048
1.42%$0.00008303
-0.51%$1.75
-1.03%$1.40
0.67%$7.89
0.11%$29.76
0.28%$0.390465
-3.15%$2,358.33
0.33%$0.127733
0.54%$2,347.88
-0.08%$0.00000044
-2.57%$0.00621197
-0.65%$3.80
1.29%$12.16
2.08%$0.113786
2.96%$0.057902
-0.00%$0.9992
-0.20%$1.00
1.08%$0.210972
2.65%$0.954368
6.79%$0.504459
0.26%$0.02639095
-0.11%$150.56
0.86%$1.47
-1.12%$21.75
0.37%$0.056914
1.14%$43.69
2.86%$0.612225
8.96%$0.00421419
-1.61%$3.85
0.78%$0.767582
-1.85%$0.054663
-0.73%$0.997602
-0.61%$0.890219
-1.61%$0.804748
-2.08%$137.66
-1.69%$0.054096
0.32%$7.80
0.78%$0.00000099
0.33%$2,356.35
0.16%$0.347765
13.44%$0.314064
0.77%$2,356.68
0.28%$1.053
-0.34%$2,586.67
-0.51%$0.179055
-2.05%$0.278519
1.67%$0.696891
-3.41%$0.134833
-5.20%$2,513.23
0.13%$0.260197
2.98%$0.03457726
1.28%$57,900.00
-0.33%$0.575879
-5.55%$0.00375158
0.04%$0.16478
-0.22%$19.24
-1.74%$0.33686
0.32%$57,950.00
-0.45%$2.29
9.17%$0.292843
8.84%$0.05656
-1.63%$2,452.98
-0.50%$23.77
-1.70%$0.00160138
-1.16%$0.02818383
-0.62%$0.00544312
-3.99%$0.276006
0.59%$0.403593
1.52%$1.35
3.72%$1.05
-1.19%$0.395514
0.57%$0.370976
-0.26%$2.27
1.20%$0.03674074
5.53%$38.90
3.50%$0.00076688
32.04%$73.85
-1.00%$0.01355951
1.08%$0.170342
0.36%$0.671128
0.85%$0.0252695
-0.37%$0.00956822
0.09%$0.00428449
-0.37%$1.96
0.02%$1.71
-2.14%$0.14278
-0.47%$0.00356345
-3.16%$0.01718695
-2.64%$1,162.68
-0.10%$0.22191
-0.01%$0.137545
-1.70%$0.284275
1.02%$0.437971
0.29%$0.00238561
-7.33%$14.83
1.83%$5.92
-0.04%$2.25
-0.24%$57,859.00
-0.32%$0.094339
-7.73%$0.02195452
9.46%$1.32
-0.24%$23.79
-0.69%$0.02324106
-5.10%$107.95
0.01%$0.99846
-0.10%$0.117598
-1.83%$0.053407
-1.49%$0.00003258
1.89%$3.32
0.18%$2,568.07
1.95%$2.15
2.55%$0.99915
-0.16%$0.02147026
0.59%$0.00000189
13.96%$2,472.18
1.34%$10.11
-1.22%
It's a very merry Christmas for Bitcoin holders, as the cryptocurrency surged to a new all-time high on Christmas Day.
The price of Bitcoin shot up by 5.8% in the past 24 hours, peaking at $24,644.30 according to CoinGecko.
Bitcoin's price has pulled back slightly; it's currently trading at around $24,358, at time of writing.
It follows a week in which Bitcoin has plowed through previous records, reaching $24,085 on December 19.
Growing demand for Bitcoin is resulting in a supply crisis, as institutional investors are buying up huge quantities of the cryptocurrency; in the last week, business intelligence firm MicroStrategy added to its Bitcoin holdings with a $650 million buy, bringing its total to over 70,000 Bitcoin.
MicroStrategy has purchased an additional 29,646 bitcoins for $650 million at an average price of $21,925 per #bitcoin and now #hodl an aggregate of 70,470 bitcoins purchased for $1.125 billion at an average price of $15,964 per bitcoin.https://t.co/j6wVLXIzoa
— Michael Saylor (@michael_saylor) December 21, 2020
At the same time, the supply of Bitcoin held on exchanges has dropped by 20% since January as it's moved into long term storage by hodlers, meaning that there's less available to trade.
“The supply crisis as I call it, will have an impact on price, but it doesn’t necessarily prevent retail investors or smaller investors from getting into the space,” Glassnode CTO Rafael Schultze-Kraft told Decrypt.
