#ChristmasMarketAnalysis
Analysis of the Crypto Market at Christmas 2024
As we approach Christmas 2024, the cryptocurrency market shows significant movements that capture the attention of investors and analysts.
Recent Trends:
Bitcoin Correction: After reaching historical highs above $108,000, Bitcoin has experienced a correction, settling around $95,338. This pullback is partly attributed to the aggressive stance of the U.S. Federal Reserve, which has dampened enthusiasm for cryptocurrencies.
Christmas Rally Expectations: Historically, Bitcoin has recorded increases during the week of Christmas in halving years. However, recent declines have generated uncertainty about the possibility of a significant rally during this time.
Notable Altcoins:
Hyperliquid (HYPE): Since its launch, HYPE has increased by over 200%, despite not being listed on centralized exchanges. Its price is expected to continue rising in December, establishing itself as one of the main altcoins to watch.
Sui (SUI): With a 75% increase in the last 30 days, SUI is positioned as an altcoin of interest for investors, especially considering its recent token unlock.
Considerations for Investors:
Regulation and Risks: The entry into force of the Regulation