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Citizen Daily Brief

Bitcoin's Holiday Hypergrowth ($)

gm Bankless Citizens, as BTC roars past $42,000, this bull market is feeling official
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Dec 4, 2023 โ€ข 3 min read
Bitcoin's Holiday Hypergrowth
Published on Dec 4, 2023
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Sponsor: Kraken โ€” Sign up for an account and see what crypto can be.

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NEED TO KNOW
BTC Euphoria
  1. ๐ŸŸ  Bitcoin surges. Bitcoin pushed past $42K on Monday, igniting the BTC community and pushing up gains across the ecosystem.
  2. ๐Ÿ‡ธ๐Ÿ‡ป El Salvador breaks even. President Nayib Bukele's BTC bet broke even as Bitcoin surged further. The country holds more than $130M in BTC.
  3. ๐Ÿ“ˆ Crypto stocks climb. MicroStrategy and Coinbase both saw substantial gains Monday, up 5.5% and 6.7%, respectively, as bull market euphoria grew.
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TODAY IN MARKETS
Crypto's December Surprise

๐Ÿ“Š Good tidings for Crypto? Crypto markets have gotten off to a strong start this December, with Bitcoin breaking out above $40,000 and Ether blowing past $2,000! Bullish momentum is building, but is the Santa rally secured?

Prices as of 4pm ET 24hr 7d
Crypto $1.55T โ†— 3.6% โ†— 10.7%
BTC $42,228 โ†— 5.7% โ†— 14.2%
ETH $2,248 โ†— 1.6% โ†— 11.7%
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SHOP
The 2023 Bankless Holiday Gift Guide
Bankless Author: William Peaster

It's a Bull Market Christmas, so you should probably spend some money on your crypto friends. We've got some ideas for you.

See what we're shopping for on our website ๐Ÿ‘‡


FRIEND & SPONSOR: KRAKEN

Kraken is one of the largest and most secure crypto platforms in the world. They've been in the crypto game for over a decade, and now they're inviting us all on a journey to see what crypto can be.

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LATEST POD
Crypto Gaming Comeback?

There's plenty of chatter in the crypto gaming world, even as the NFT bear continues. Is Crypto Gaming ripe for a comeback? Vance Spencer and his co-founder Michael Anderson join Ryan and David to discuss the market opportunities.

Bankless Citizens get Early Access to our Monday podcast and an exclusive Debrief conversation unpacking the episode๐Ÿ‘‡

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Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.

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