Matrixport: Tether's market value soars, boosting the crypto market's strong outbreak in 2024

ChainCatcher news, Matrixport released a chart today showing that in 2024, the market capitalization of <Tether> will increase by $50 billion, breaking through the $140 billion mark, solidifying its position as the core trading tool in the cryptocurrency market. At the same time, the daily trading volume has risen sharply, stabilizing in the range of $200 to $300 billion, fully reflecting the rapid expansion of the cryptocurrency ecosystem. It is worth noting that market activity has increased tenfold, from $30 billion at the end of January to a peak of $300 billion in November, demonstrating the amazing potential of the cryptocurrency market, from low to full-blown. This large-scale influx of fiat liquidity suggests that 2025 is expected to set new highs.

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