Bitcoin’s Wild December: Gains, Losses, and a Whole Lot of Confusion!

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So, here we are in December, and guess what? Bitcoin‘s back at it again! 🎉 It’s like that friend who shows up at the party when you least expect it-totally unpredictable! Last month? Meh. November was like a bad date-flat, awkward, and no one was having any fun.

America’s Trading Session: The New Hotspot for Bitcoin

According to some crypto guru named Maartunn (I mean, really, who names their kid that?), the American trading session is where Bitcoin suddenly decided to throw a rager this month. Check out the chart he posted on X. I don’t know about you, but I love a good pie chart, especially when it’s about money! 🍰

Now, let’s break this down: Bitcoin trades 24/7, which is great because who doesn’t love a little insomnia, right? But apparently, traders are more active during their daytime hours-who knew? So, while the rest of the world was sleeping, Americans were out there buying up Bitcoin like it’s Black Friday! 🛍️

In late November, Bitcoin returns during the US trading session were as welcome as a dentist appointment-negative! And Europe and Asia were just a notch above neutral, which is like saying your meal was “edible.” But then, like a plot twist in a sitcom, December rolls in, and bam! We’ve got an 8% uptick! Talk about a comeback story! 📈

Meanwhile, Europe and Asia are still struggling with around -4%. It’s like watching your friends show up for brunch but not ordering anything. Come on, people! Get with the program!

In other shocking news, last month’s Bitcoin selloff sent some important indicator into a tailspin. Frank-now there’s another name that doesn’t inspire confidence-pointed out that a key on-chain metric took a nosedive, marking the biggest drop since the FTX debacle. Yikes! 😱

This metric tracks how much short-term holders paid for their Bitcoin. Spoiler alert: they’re not happy campers. If you bought high and sold low, congrats, you played yourself! It’s like getting a haircut you hate and then posting it on social media. No one wants to see that! ✂️

Current Bitcoin Price

So, what’s the price of Bitcoin now? Brace yourselves-it’s dropped to $85,800. That’s down about 3.5%. It’s like watching your favorite show get canceled right after the cliffhanger. Just when you think it’s safe to invest, nope! 🎭

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2025-12-16 13:02