Well it’s been a bumpy Christmas period for Bitcoin as the downward trend took hold following Bitcoins massive bull run up to it’s peak of $20,000 on the 17th December.
However, a new year is upon us and Bitcoin as begun with a fine start. In the past few hours we have seen a nice bounce back to the $15,000 region as Bulls seem to be back in place.
Though Bitcoin as has a little bit of a rough ride over the festive seasons, other cryptocurrencies have made some significant gains. In the past 24 hours Ethereum has taken off and now sits at $870, while Ripple’s XRP token has quite literally gone ‘to the moon’ over the past couple weeks and now sits at a staggering $2.40!
Crypto Traders have certainly had a plenty of opportunities to cover those christmas expenses with a little left over to buy a yacht in the bahamas!