#加密市场反弹
Recently, the cryptocurrency market has rebounded, and here are the relevant details:
Market Performance
- Overall Market Value Growth: The total market capitalization of cryptocurrencies has significantly increased, reaching $3.28 trillion on November 21, 2024, with a 24-hour increase of 3.7%.
- Major Cryptocurrencies: The price of Bitcoin rapidly surged in 2024, not only breaking the psychological barrier of $100,000 but also reaching $965,000 on January 4, 2025, with an increase of 2.15%; the price of XRP climbed to $2.45 in January 2025, nearly 500% higher since November 2024; Ethereum's price has risen amidst fluctuations, and its options demand has grown rapidly.
Reasons for the Rebound
- Changes in Regulatory Expectations: The expectation of Trump's victory has given people hope regarding the regulatory environment for cryptocurrencies, as he advocates for loosening regulations on virtual currencies and has proposed establishing a national cryptocurrency reserve and promoting Bitcoin mining, which has increased market demand and confidence in Bitcoin.
- Inflow of Funds: The actions of institutional investors and large holders influence the market, such as the rise in stocks of companies like MicroStrategy that actively hold Bitcoin, indicating more funds flowing into the crypto space; whale investors are making frequent moves, such as Sun Yuchen withdrawing a large amount of ETH from Binance, and rumors of a settlement in the Ripple vs. SEC case have prompted XRP whales to purchase over 100 million XRP tokens.
- Increased Demand for Safe-Haven Assets: The escalation of global tensions, such as the assassination attempt on former President Trump, has increased the appeal of cryptocurrencies like Bitcoin as safe-haven assets.
