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The Bitcoin rally cools down at the end of a record year
Despite a record year for Bitcoin, volatility and external factors, such as options expiration and political uncertainty, keep the digital asset in a position of indecision as 2024 comes to a close.
The week ends with losses for Bitcoin, which seeks to maintain the $94,000 mark, after giving up almost 2.5% in the last seven days. In the altcoin segment, the dynamics were not very different: Ether closes with a decline close to 2%, XRP does so very close to 4%, and Solana up by more than 3%.
However, the poor performance of the week does not overshadow a 2024 that has solidified as a historic year for the evolution of digital money, marking a turning point in the trajectory of Bitcoin and cryptocurrencies in general, highlighted a report from Buenbit.