Crypto Twitter ushered in the Christmas cheer with a new all-time high for Bitcoin (BTC) and culminated in an enormous year for the digital asset.
Bitcoin price hit a high of $ 24,661.76 on Bitstamp, beating last week’s previous record. The altcoin market also rebounded, with Ethereum (ETH), Litecoin (LTC) and XRP seeing impressive rallies.
Bitcoin’s biggest proponents took to Twitter to celebrate the new milestone – and to remind their followers to move on at the start of the new year. Twin co-founders Cameron and Tyler Winklevoss expressed some excitement:
Merry Christmas! Santa left $ 24.5K #Bitcoin under the tree pic.twitter.com/n4Ad19rE2v
– Cameron Winklevoss (@cameron) December 25, 2020
Merry Christmas! No coal this year, #Bitcoin 24.5k instead of ☺️ Ho ho ho!
– Tyler Winklevoss (@tyler) December 25, 2020
Bitcoin’s all-time high gives Morgan Creek Asset Management’s Anthony Pompliano extra energy for Christmas Day:
Bitcoin, which hits a new all-time hit on Christmas Day, is the energy I’m here for.
– Pump (@APompliano) December 25, 2020
Bitcoin and Black America tweeted the new high in digital assets, saying, “Merry Christmas you filthy animals.”
Merry Christmas you filthy animals pic.twitter.com/MrakJYZD5J
– Bitcoin and Black America (@bitcoinzay) December 25, 2020
Mike Novogratz, CEO of Galaxy Digital, also celebrated Christmas by unpacking a moon glowing in the dark, which is a direct reference to the meteoric rise of Bitcoin.
Favorite present. The moon. pic.twitter.com/ljNbSVU5h0
– Mike Novogratz (@novogratz) December 25, 2020
Crypto data analytics firm Bloqport rang the bell at Christmas with a GIF of Michael Saylor lifting a glass on Bitcoin:
#Bitcoin smashes all highs. Merry Christmas! pic.twitter.com/dgK3vWr76n
– Bloqport (@Bloqport) December 25, 2020
Robert Breedlove, author of Thank God for Bitcoin, had a more serious message to deliver to the community this Christmas:
#Bitcoin encourages patience and reflection.
The fiat currency leads to hasty and misguided investments to outperform inflation.
What world would you like to live in: one where capital is patiently and thoughtfully allocated, or one where it is allocated feverishly and manically?
– Robert Breedlove (@ Breedlove22) December 25, 2020
Su Zhu of Three Arrows Capital also reminded the hodlers to keep hodelling:
Hodl Ho Ho
Happy Holidays everyone!
– Su Zhu (@zhusu) December 25, 2020
YouTuber Crypto Daily commented on Bitcoin as “rallying during an illiquid holiday,” which is evidence of the digital currency’s bullish potential. “$ 100,000 is now FUD,” he said.
#Bitcoin rally during an illiquid holiday. $ 100k is now FUD.
– Crypto Daily (@Crypto_Daily) December 25, 2020
2020 will be a milestone for Bitcoin. While many institutions have been demanding the “institutions come” for years, this year these revelations have finally delivered those revelations.