
December has started strong for the crypto industry, and data from a review of the six years from 2019 to 2024 shows that the five renowned crypto projects Bitcoin, Ethereum, BNB, Litecoin and Monero often make notable profits during the Advent season.
However, the trend, widely referred to as the Christmas run, is not 100% certain as December increases mainly occur during strong bull markets or recoveries.
Bitcoin experienced its strongest Christmas rally of 2020 when it… 48% of about 19.700 $ on round 29.000 $ increase. In 2023 BTC jumped 12% high, fueled by growing optimism surrounding the approval of the first Bitcoin ETF. Notably, BTC’s December gains came after Christmas, particularly in 2020 and 2023.
On the other hand, BTC struggled coming into 2019 5% slipped, in 2021 by almost 19% collapsed, by around 2022 4% fell and still falls in 2024 3%.
ETH recorded an increase of in 2020 and 2023 21% or 11% and thus followed the pattern of Bitcoin. Both increases were driven by improving macroeconomic sentiment and stronger network activity.
Conversely, Ethereum recorded heavy losses of in 2019, 2021, 2022 and 2024 15%, 20% or 8%. At the time of writing, the market price of ETH reflects the downturn of 2019 with a drop of 14,8% reflected on the monthly charts and quoted at 3.096 $.
Historically, BNB rises the most during a bullish December. Especially in 2020, BNB rose 19%. In 2023, BNB rose to 37%after Binance gained clarity on regulation and an uptick in spot volume. However, Binance Coin fell over in 2019 13%2021 one 18% and again in 2022 18%.
Notably, BNB offers greater returns when the market is doing well, but prices fall when the market crashes. Currently, BNB is still struggling to recover from its monthly loss of 9,69% to compensate, since it is at 899,86 $ is traded.
Litecoin is up in December 2020 42% rose, following Bitcoin’s rally. Besides that quit PayPal during this period to that user selected cryptocurrencies directly via your PayPal accountbuy, hold and sell can . Notably, Litecoin was also one of the cryptocurrencies offered by PayPal, which contributed to the increase. However, in 2019, 2021 and 2022, LTC still saw smaller gains of 5% and 7% in 2023 and 2024.
Notably, LTC closely follows the path of Bitcoin and records gains on the daily and weekly charts. At a course of 85 $ However, LTC is last monand um fast 4% fallen.
XMR turned around 2020 15%2022 one 9% and 2023 around 10% to, with smaller declines in weaker years. Notably, Monero has shown consistent strength in December, driven by high transaction demand and its privacy-focused utility. From 2019 to 2024, Monero avoided extreme December crashes and often ended the month in positive territory.
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