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Green Crypto Christmas

This year Santa gave us green candles for Christmas!
Jack Inabinet Jack Inabinet Dec 23, 20231 min read
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market analysis Green Crypto Christmas

'Tis the season. Santa visited crypto market participants this month, with anticipation of easing interest rates fueling strength across all risk markets and sending the total crypto market cap (TOTAL) up 17% since the start of December. What other catalysts have positively impacted prices this month?

While macro is helping to drive a portion of the outperformance, crypto markets have been buoyed by the impending approval of spot Bitcoin ETFs, the first of which seem likely to occur in January.

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Jack Inabinet

Written by Jack Inabinet

277 Articles View all      

Jack Inabinet is a Senior Analyst with a passion for exploring the bleeding edge of crypto and finance. Prior to joining Bankless, Jack worked as an analyst at HAL Real Estate where he conducted market research and financial analysis for commercial apartment development and acquisition activities in the Seattle region. He graduated from the University of Washington’s Michael G. Foster School of Business and remains based out of the Seattle area.

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