Crypto markets have danced to the tune of the Santa Claus rally effect eight times in the last ten years, according to an interesting report from Coingecko, penned by analyst Lim Yu Qian. Holiday Cheer or Crypto Chill? Coingecko Breaks Down the Santa Rally Effect The Santa Claus rally is all about the market’s cheer […]
2023 Marks Bitcoin’s Spirited December Surge: A Glimpse Into Crypto’s Festive Frenzy
On Nov. 26, Bitcoin.com News highlighted the crypto community’s anticipation and hope for a ‘Bitcoin Santa Claus rally’ to manifest this year. Following the data collected from Dec. 1 to Dec. 24, 2023, the recent increase of 15.93% against the U.S. dollar has been recorded as the seventh most significant December surge since 2010. 2023 […]