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Christmas Rally for Bitcoin, Ethereum as Prices Break Key Levels, Funding Rates Turn Positive

It looks like Santa Clause has arrived early for crypto investors this year, with strong rallies seen across bitcoin (BTC), ethereum (ETH), and the broader altcoin market in the past 24 hours. At 13:10 UTC, BTC traded at...

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Christmas Rally for Bitcoin, Ethereum as Prices Break Key Levels, Funding Rates Turn Positive
 
It looks like Santa Clause has arrived early for crypto investors this year, with strong rallies seen across bitcoin (BTC), ethereum (ETH), and the broader altcoin market in the past 24 hours.
At 13:10 UTC, BTC traded at USD 51,038, up 4.3% for the past 24 hours and 7.1% for the past week. Meanwhile, ETH stood at USD 4,090, up 2.9% for the past 24 hours and 3% for the week....
Read More: Christmas Rally for Bitcoin, Ethereum as Prices Break Key Levels, Funding Rates Turn Positive

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This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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