Bitcoin dominance hits 1-year peak amid XRP sell-off as $24K briefly returns

Cointelegraph

Published Dec 23, 2020 10:08AM ET

Updated Dec 24, 2020 07:20AM ET

Bitcoin (BTC) kept the volatility coming on Dec. 23 as a dive to $22,800 sparked a lightning-fast rally to classic $24,000 resistance.

Cryptocurrency market daily performance. Source: Coin360

Data from Cointelegraph Markets, Coin360 and TradingView tracked BTC/USD as factors including panic among XRP traders made unstable conditions prevail.

BTC/USD 1-minute candle chart. Source: TradingView
BTC dominance 1-year chart. Source: TradingView

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