Everything Except Bitcoin is Rising This Christmas Season, and It’s Bad

Offbeat asset bitcoin is having a difficult time attracting investors during this Christmas holiday.
The benchmark cryptocurrency, which is still up by more than 100 percent on a year-to-date (YTD) scale, plunged by up to 8.27 percent this week. On Friday, bitcoin established a fresh weekly low of $7,053.32. At its highest, it was trading at $7,688.99.
Bitcoin continues downside moves despite favorable investment opportunities | Source: TradingView.com, Coinbase
The move downhill followed a reli