#BTCOutlook

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.