Market Explosion: Bitcoin Hits Peak, Altcoin Accelerates on December 17, 2024

• Bitcoin (BTC): Up 1.56%, currently trading at $106,412.

• Ethereum (ETH): Slightly up 0.61%, reaching $3,999.

• Ripple (XRP): Leading growth with an increase of 2.31%, price $2.48.

• Binance Coin (BNB): Steady increase of 0.83%, trading at $720.37.

• Cardano (ADA): Adjusted down 1.66%, price $1.0726.

Assessment

• Bitcoin continues to lead the market with a market cap exceeding $2.11 trillion.

• Altcoins show growth appeal, especially Ripple and Binance Coin.

• Investors need to be cautious of fluctuations due to pressure from the global market.

Recommendations

• Monitor important resistance and support levels of BTC ($105,000 - $110,000).

• Hold assets with stable growth like ETH and XRP.

• Wait for correction signals to buy more potential altcoins.

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