Odaily Planet Daily News 🌟 Kaiko's latest market analysis report reveals that Bitcoin performed well in 2024. Despite the deterioration of risk sentiment in December last year, it still rose by 118% over the year, marking the third-best performance since 2018! 📈 Trading activity also showed strong growth, with the total trading volume of cryptocurrencies on over 30 CEXs reaching the highest level since 2021. After the U.S. introduced spot ETFs, the liquidity gap was filled, and market depth grew by over 85%, reaching approximately $370 million. 🔍
Additionally, companies like MicroStrategy have been increasing their Bitcoin holdings, with MicroStrategy raising its position from 252,220 BTC in September to 446,400 BTC in December. Although December options data indicates a neutral sentiment among investors, Bitcoin still demonstrates strong market potential! 🚀