#XmasCryptoMiracles

The cryptocurrency market has experienced significant developments recently, marked by notable price fluctuations and influential policy changes.

In November, crypto-focused hedge funds reported substantial gains, with an average increase of 46% for the month and 76% year-to-date, outperforming the broader industry's 10% average return. Brevan Howard's crypto fund rose by 33% in November, while Galaxy Digital's strategy gained 43%, significantly boosting their assets.

The U.S. Securities and Exchange Commission (SEC) approved 11 exchange-traded Bitcoin funds in January 2024, facilitating increased institutional and retail investments in cryptocurrencies. $BTC