Crypto Market Updates: Price Movements of Top 10 Cryptocurrencies on December 25, 2024

following the results of the November elections, Bitcoin's price surged to over $100,000. Now, former President Donald Trump has confirmed his intention to establish a strategic Bitcoin reserve in the United States.

News ID: ۲۰۰۰۴۸۰

15 December 2024

EghtesadOnline: Trump stated, "We are doing something big with cryptocurrencies, and the U.S. will create a strategic Bitcoin reserve similar to its oil reserves."

In July, during his appearance at the 2024 Bitcoin Conference, Trump, the Republican presidential candidate, pledged to create a "National Strategic Bitcoin Reserve." He predicted that Bitcoin could eventually overshadow gold's $16 trillion market value.

Meanwhile, Republican Senator Cynthia Lummis introduced the **Bitcoin Innovation, Technology, and Competition Act (BITCOIN)** to Congress. This bill proposes that the United States purchase one million Bitcoins over the next five years to reduce the national debt.

Reports from **Crypto** suggest that Trump may follow through on his Bitcoin reserve plans, with Bitcoin traders and investors projecting significant price movements in the near future.

As of now, the total market capitalization of all cryptocurrencies is estimated at $3.61 trillion, which marks a 1.18% decrease from the previous day. Bitcoin holds a dominant 55.77% share of the total market, with a 0.62% daily increase.

The total volume of cryptocurrency traded in the past 24 hours stands at $127 billion, showing a 24.77% decline. Meanwhile, decentralized finance (DeFi) projects account for $12.05 billion, or 9.49% of the total 24-hour crypto market volume. Stablecoins, on the other hand, make up $111.66 billion, or 87.92% of the total 24-hour volume.

**Cryptocurrency Prices (as of 10:32 AM Eastern Time)**

1. **Bitcoin (BTC)**
Price: $101,794.88
24-Hour Change: -0.11%
1-Week Change: +2.04%

2. **Ethereum (ETH)**
Price: $3,880.67
24-Hour Change: -1.27%
1-Week Change: -2.51%

3. **Tether (USDT)**
Price: $0.9998
24-Hour Change: -0.02%
1-Week Change: -0.09%

4. **Ripple (XRP)**
Price: $2.42
24-Hour Change: -2.32%
1-Week Change: -5.18%

5. **Solana (SOL)**
Price: $218.54
24-Hour Change: -3.62%
1-Week Change: -8.28%

6. **Binance Coin (BNB)**
Price: $711.10
24-Hour Change: -2.28%
1-Week Change: -4.93%

7. **Dogecoin (DOGE)**
Price: $0.3975
24-Hour Change: -3.11%
1-Week Change: -14.99%

8. **USD Coin (USDC)**
Price: $0.9999
24-Hour Change: +0.01%
1-Week Change: -0.02%

9. **Cardano (ADA)**
Price: $1.06
24-Hour Change: -4.84%
1-Week Change: -10.99%

10. **TRON (TRX)**
Price: $0.2791
24-Hour Change: -5.02%
1-Week Change: -12.01%