🎄Binance Market Update for Christmas Season
The cryptocurrency market, including Binance, is experiencing a mix of emotions as Christmas approaches., the leading cryptocurrency, $BTC is currently trading around $90,505, with a 1.88% price change ¹.
*Market Trends:*
- _Bitcoin ($BTC )_: Whale wallet tracking shows large holders actively rotating between exchanges and cold storage, while stable ETH inflows point to consistent spot demand.
- _Ethereum ($ETH )_: Metrics around daily active addresses, L2 settlement volumes, and gas usage remain elevated, reflecting heavy DeFi, NFT, and RWA flows.
- _Solana (SOL)_: Ongoing inflows into spot ETFs, which continue to accumulate BTC on behalf of retail and institutions.
*Market Sentiment:*
The crypto market is edging higher, but it doesn't feel like full-blown euphoria. Bitcoin has reclaimed and held the high 80,000 to low 90,000 dollar band after last week's volatility, with intraday moves that look more like a grinding uptrend than a vertical blow off .
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