Bitcoin breaks $24000!   Bitcoin breaks $24000 on December 25th, which looks rosy for bulls as bullish momentum returns.   

Hitting a new all-time high yesterday of $24,500 on Bitstamp at publishing time, Bitcoin refused to conform to bearish prognoses.  This latest effort shrugged off the legal action pending against Ripple.

For some time, a move was expected as Bitcoin tends to dominate late in the year before altcoins make a reversal and have a bullish run in January.   

With the holidays beginning, large buy-ins from institutional investors were less likely.  Liquidity and boost price performance could likely follow.   

Altcoins on Christmas Day were up as well, with ETH regaining $600 and with XRP climbing back up to $0.35.   

What do you think?  Let us know on our Facebook page!

IF YOU DO NOT AGREE WITH ANY TERM OR PROVISION OF OUR TERMS AND CONDITIONS, PLEASE EXIT THE SITE IMMEDIATELY. PLEASE BE ADVISED THAT YOUR CONTINUED USE OF THIS SITE OR THE PRODUCTS OR INFORMATION PROVIDED THEREBY SHALL INDICATE YOUR CONSENT AND AGREEMENT TO THESE TERMS AND CONDITIONS.

Crypto Traders Pro may express or utilize testimonials or descriptions of past performance, but such items are not indicative of future results or performance, or any representation, warranty or guarantee that any result will be obtained by you. These results and performances are NOT TYPICAL, and you should not expect to achieve the same or similar results or performance. Your results may differ materially from those expressed or utilized by Crypto Traders Pro due to many factors.