Crypto Market Update
As of December 22, 2024, the global cryptocurrency market cap stands at $3.32 trillion, with a 24-hour trading volume of $175.35 billion. Bitcoin (BTC) dominates with 57.76% market share and trades above $97,000, showing resilience despite a slight dip of 0.42% in the market.
Key Highlights:
Institutional Gains: Crypto-focused funds saw a 76% rise YTD, driven by institutional adoption.
Regulatory Boost: Approval of Bitcoin ETFs has attracted more retail and institutional investors.
Market Drivers: Donald Trump’s pro-crypto stance is fueling optimism across the industry.
Stay cautious as the market remains volatile.
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