Review of Crypto Industry Development in 2024

1. Launch of Bitcoin Spot ETF

-U.S. Securities and Exchange Commission (SEC)

First Bitcoin spot ETF approved,

It marks the entry of crypto assets into the mainstream financial market.

-ETF attracts large capital inflows,

Pushing Bitcoin prices to record highs.

2. Bitcoin’s fourth halving

-At the end of April, Bitcoin ushered in its fourth halving.

Highlight its scarce asset status.

-Short-term market correction after halving,

But the long-term supply shrinkage effect still drives up prices.

3. Market adjustment and the rise of Meme coins

-The mid-term market is affected by multiple factors such as macroeconomics and geopolitics.

Volatility intensifies.

-Meme coin has risen by virtue of community consensus and unique model, becoming an emerging track with a market value of over 100 billion US dollars.

4. The Federal Reserve starts an interest rate cut cycle

-In September, the Federal Reserve cut interest rates for the first time in four years, the world entered a loose monetary policy environment, and confidence in the crypto market recovered.

5. Trump trade pushes Bitcoin past $100,000

-Trump administration promises crypto-friendly policies,

Pushing the price of Bitcoin past $100,000 in history.

-Bitcoin has gained unprecedented recognition at the economic and political levels.

Summary of things worth paying attention to in 2025:

As Bitcoin Reserve Plans, More ETFs Launch, and the Bull Run Continues,

The crypto market will expand further,

Welcome more investment opportunities and broad development prospects.