Bitcoin price movement could please some investors today as the bitcoin price was found above the $50,000 mark again. BTC price rose 3.6% to stand at $50,819.14 by 6:30 am.
Bitcoin is moving in positive territory this morning after the New York Stock Exchange Dow Close Thursday (Dec. 23), up 196 points before the market has a long vacation for the Christmas season. Trading conditions were driven by investor optimism that the global economy will not be affected by the Omicron outbreak.
The positive sentiment on Bitcoin has spilled over to most of the crypto market this morning. The 5 largest coins in terms of market cap are all in positive territory.
The Spot Market is Open
Friday, December 24, 2021