$BTC

In 2024, we witnessed an impressive series of price increases in the cryptocurrency market. Bitcoin led the trend as it broke the record level of 69,000 USD from 2021, reaching the psychological threshold of 100,000 USD on December 5.

However, after hitting a peak of 108,135 USD on December 17, Bitcoin continuously decreased in price, with a low of 92,600 USD.

According to experts, this decline is a result of profit-taking by long-term investors and a temporary decrease in trading volume.