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 #BinanceSquareFamily  Binance ranked as the most visited cryptocurrency platform in 2024, according to Cloudflare.

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#ChristmasMarketAnalysis Crypto prices continue to show a lackluster response from investors despite approaching Christmas Eve—a period that has historically seen most crypto assets rally, reaching new all-time highs and contributing to the festive mood. Bitcoin BTC-2.01% which reached a new all-time high of over $108,000 just six days ago, has struggled to reclaim the $100K mark for the past three days. The flagship cryptocurrency has been down 8.3% over the past week, trading at $95,904 per coin. Other high-cap coins were also observed in a similarly subdued state. Ethereum ETH -0.14% has fallen by 15.6% over the past 7 days, currently trading at $3,339. Meanwhile, XRP, linked to Ripple, has also experienced a notable 7.8% decline during the same period, now trading at $2.2. According to a CoinGecko report, this rally, which typically unfolds between Dec. 27 and Jan. 2, has occurred 8 out of 10 times over the past decade, from 2014 to 2023. During these periods, the overall crypto market cap recorded gains ranging from 0.69% to 11.87%—offering a glimmer of hope amid the recent market downturn.

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#BTCOutlook Standard Chartered said in an early December note that institutional investors have been buying into Bitcoin in 2024 and this is expected to continue into the new year – something the bank believes could help Bitcoin’s price hit US$200,000 by end-2025.$BTC

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