Here’s Why the Crypto Market is Going Up Today (Dec. 22)

The crypto market is up today, with Bitcoin and top altcoins continuing the bull run that began over the weekend. Bitcoin jumped to $90,000, while Midnight (NIGHT) surged by 11%, with its 24-hour volume hitting $8 billion. 

Other top leaders in this crypto market rally included Avantis (AVNT), Audera (BEAT), and Meteora. 

crypto market going upcrypto market going up
Top cryptocurrencies are going up today | Source: CMC

Crypto Market Going Up Amid Santa Claus Rally Hopes

One main reason behind the ongoing crypto market rally is the rising hopes of a Santa Claus rally. This rally is defined as a situation where Bitcoin, cryptocurrencies, and other assets jump a few days before Christmas Day. 

Historical data on whether this rally…

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