CoinVoice has recently learned that, according to Coindesk, the cryptocurrency market often experiences cyclical changes, with Bitcoin leading the rise followed by altcoins. Investors seek additional returns from newly gained market profits, leading capital to flow into altcoins, which triggers a sharp rebound in a short time.

Currently, Bitcoin is experiencing one of its worst Decembers to date, dimming the seasonal bull market period, having dropped 2% in the last 30 days. Due to profit-taking and cautious sentiment after weeks of price volatility, the hope for a 'Christmas rally' (the phenomenon where assets tend to rise during Christmas week) may have evaporated.

Some warn that as the Federal Reserve hints at reducing interest rate cuts next year and emphasizes not seeking national Bitcoin reserves, Bitcoin may face further declines. [Original link]