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

"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!


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

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

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 to register and buy your pass now.

Read more about