$BTC
2024-2025 Crypto Market Outlook: Bitcoin Breaks $100,000, AVAX Fades Away!
Brothers, the cryptocurrency market is absolutely thrilling by the end of 2024! Bitcoin breaks the $100,000 barrier, AVAX drops out of the top ten replaced by TRX, and the whole market is as lively as a festival! Next, let's take a look at the key points of this wave of market movement and future trends.
Bitcoin: November elections act as a catalyst, breaking $100,000 in one go!
The November 2024 U.S. elections become the 'accelerator' for Bitcoin, pushing it to a historic high of over $100,000!
High Point: Bitcoin reaches $108,000 in mid-December, breaking records!
Year-End Correction: Slightly calms down by year-end, closing around $93,000.
Behind this wave of market movement, in addition to the elections, the approval of spot Bitcoin ETFs and the gradual clarification of crypto regulations also contribute. Retail and institutional investors directly enter the market with large orders, creating a 'bull market atmosphere'!
How do other star coins perform?
ETH Price: Hovering around $3,300 at year-end, total market cap close to $400 billion.
Dominance: Market share drops to 12%, but its position as the leader in the smart contract field remains rock solid.
AVAX VS TRX
AVAX performs poorly, dropping out of the top ten, while TRX rises strongly at a price of $0.25. Ecological development and DeFi expansion make TRX the new generation 'king bomb'.
XRP and BNB
XRP: Price stabilizes at $2.13, rumors of adoption by institutions keep it in high demand.
BNB: Closes at $706, consolidating its leading position.
SOL and DOGE
SOL: Price of $190 shows strong resilience, with NFT and DeFi ecosystems performing brilliantly.
DOGE: Affected by social media trends, drops from seventh to tenth place, closing at $0.31.
Demand for stablecoins surges, USDT dominates
USDT's market cap reaches a new high of $137 billion, solidifying its position as the world's largest stablecoin. Meanwhile, USDC ranks second with $43 billion, a significant gap. The ongoing popularity of stablecoins highlights the market's reliance on liquidity.
2025 Outlook: Bitcoin may soar to $200,000!
It is expected that by 2025, Bitcoin could reach a peak of $180,000 to $200,000!
The market will closely watch the January 20 inauguration of Trump, and whether the new SEC leadership will bring new prosperity opportunities for altcoins.
Can altcoins (like XRP, SOL, TRX, etc.) ride this wave and spark another 'bull market surge'? Brothers, let's wait and see!