Crypto Prices December 2020
Crypto prices are on the rise in December 2020 with Bitcoin, Ethereum, and Litecoin all seeing increases. This is good news for investors and those holding onto these virtual currencies. The value of Bitcoin has increased by over 20% in the last month while Ethereum and Litecoin have both seen their values more than double. These price increases come as traditional markets have seen a slight pullback and investors are looking for alternative investments. With the new year just around the corner, it will be interesting to see if these crypto prices can maintain their momentum or if they will pull back like they have in years past.
December 2020: The Month of Bitcoin Price Consolidation
Bitcoin price will consolidate in the month of October 2020. This will be followed by a breakout in November 2020. The Bitcoin price will reach $10,000 by the end of the year.
December 2020: A Record-Breaking Month for Ethereum Prices
Ethereum prices are surging this month, with the cryptocurrency reaching all-time highs. Ethereum is currently trading at $1,332.24 according to CoinMarketCap. This is a 34% increase from the $1,000 mark hit in October of last year.
The surge in Ethereum prices is attributable to a number of factors, including the recent launch of Ethereum Classic (ETC), the world’s second largest Ethereum blockchain after Ethereum. The ETC blockchain is based on the original Ethereum protocol but has been subjected to a series of hacks and thefts, which has driven investor interest in the digital currency.
Altcoins are also benefiting from Ethereum’s surge. Bitcoin Cash is up 39% this month, while Litecoin is up 25%.
December 2020: Bitcoin and Ethereum prices continue to rise
Bitcoin and Ethereum prices continue to rise as both cryptocurrencies remain among the most valuable in the world.
December 2020: Bitcoin prices reach new all-time high
Bitcoin prices reach new all-time high of $19,783.
December 2020: Ethereum prices reach new all-time high
Ethereum prices reach new all-time high as demand for the cryptocurrency surges.
December 2020: Bitcoin and Ethereum prices continue to consolidate
Bitcoin and Ethereum prices continue to consolidate, with prices hovering around $6,500 and $1,380, respectively.
December 2020: Bitcoin prices dip below $20,000
Bitcoin prices dip below $20,000 in late October 2020. This is a significant decline from the peak of $32,000 seen in late December 2017. The price of bitcoin continues to decline throughout November and December 2020, reaching a low of $15,000 in December.
December 2020: Ethereum prices dip below $1,000
On October 24, 2020, Ethereum prices dip below $1,000 for the first time. This is a major price decline for Ethereum, which had been trading near $1,300 at the time. The price of Ethereum falls further, reaching a low of $873 on November 1.
December 2020: Bitcoin and Ethereum prices begin to recover
Bitcoin and Ethereum prices begin to recover in late 2020. This is likely due to the increasing demand from institutional investors and the growing interest in cryptocurrencies as a form of investment.
December 2020: Bitcoin and Ethereum prices continue to rise
Bitcoin and Ethereum prices continue to rise, reaching new all-time highs.
December 2020: Bitcoin and Ethereum prices reach new all-time highs
Bitcoin and Ethereum prices reach new all-time highs
Bitcoin and Ethereum prices continue to rise, reaching new all-time highs.
December 2020: Crypto Prices in December
Cryptocurrencies prices will be in the green in December 2020, according to the latest forecasts by analysts.
The price of Bitcoin is expected to rise by 7.7% during the month, while Ethereum will see a growth of 6.5%. Bitcoin Cash is forecast to see a rise of 11.8%, while Litecoin is predicted to experience a modest increase of 2.9%.
Despite the bullish outlook, some experts warn that volatility could still be high during the month, with some coins experiencing substantial price swings.
