Bitcoin Tops $24.6K on Christmas Day, Sets New All-Time High

Bitcoin price hit $24,500 on Christmas Day, setting a new record high as the leading cryptocurrency’s ongoing rally continues.

AccessTimeIconDec 25, 2020 at 12:57 p.m. UTC
Updated Sep 14, 2021 at 10:48 a.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

"O, come all ye HODLers..." "Bitcoin we have seen on high..."

Regardless of what song one wants to ruin, there's no denying bitcoin has been the gift that keeps on giving this holiday season, cutting through $24,500 on Christmas Day and setting another all-time high.

  • The price of the leading cryptocurrency set a new all-time mark of $24,667.63 before falling back to $24,442.24, up 5.92% on the day.
  • The record price comes a week to the day bitcoin set the prior record of $24,122.67.
  • With the latest price increase, bitcoin's year-to-date percentage gains have grown to over 240%.

"So have yourself a merry little Bitmas..."

Sorry, couldn't resist one more. Happy holidays, everyone!

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.


Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.


Read more about