In recent months, the cryptocurrency market has witnessed significant fluctuations with some positive developments indicating an improvement in performance during 2024. After a period of stagnation at the beginning of the year, Bitcoin has started to rise again to levels not recorded in two years, driven by increasing institutional interest, especially after the US authorities approved exchange-traded funds linked to it. This added more confidence to traditional investors to enter the market.
Other reports also indicate expectations of an increase in institutional investment in cryptocurrencies, with the improvement of economic conditions and the implementation of new regulatory frameworks that help stabilize the market. In addition, some new cryptocurrencies have emerged that could achieve significant gains, such as Aptos and ETFS, which are currencies that enjoy strong support from social networking communities.
At the same time, there are important technical trends such as re-collateralization and data availability layers, which contribute to enhancing the security of blockchain networks and improving their performance, which contributes to the development of the market in the long term.
