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Bitcoin ‘Santa rally’ buyers step in to drive BTC price to $98K

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<div>Bitcoin 'Santa rally' buyers step in to drive BTC price to K</div>
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Bitcoin ‘Santa rally’ buyers step in to drive BTC price to $98K

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Source: Coin Telegraph

Bitcoin bulls everywhere may be in for a green Christmas as BTC price action sees a snap rebound.

Bitcoin (BTC) passed $98,000 after the Dec. 24 Wall Street open as “large spot buyers” lifted  deflated BTC price action.

BTC/USD 1-hour chart. Source: Cointelegraph/TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting new local highs of $98,020 on Bitstamp.

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Author: William Suberg

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