Bitcoin experienced a significant drop for the first time in three days, falling as much as 3.4% to $95,110 on Thursday. This decline comes as traders begin to reduce their risk exposure amid this year’s record-breaking rally nearing its end. The cryptocurrency reached a record high of over $108,000 on December 17. A broader cryptocurrency index, including smaller tokens like Ether and Solana, also saw a decrease of around 3.5%.
Source: https://www.bloomberg.com/news/articles/2024-12-26/bitcoin-gains-on-microstrategy-s-plans-to-issue-more-shares