Bitcoin Ticks Above $88K on Christmas Day Amid Thin Trading
Bitcoin's Christmas Day trading saw it cross $88,000 with a modest 1.46% gain over 24 hours, according to Binance market data.
The cryptocurrency maintained its range-bound trading despite the uptick, hovering between $87,000 and $88,000 throughout December 25.
Trading volumes declined as institutional participants stepped away for the holidays, leading to reduced liquidity conditions that heightened Bitcoin's sensitivity to sudden moves.