The cryptocurrency market in 2024 is experiencing significant volatility, driven by a variety of factors. One of the key drivers is the increased regulatory pressure in various countries, including the U.S. and Europe. This has led to stricter control over cryptocurrency exchanges and changes in customer identification rules, introducing uncertainty to the market.
On the other hand, institutional investors continue to show growing interest in cryptocurrencies. Despite the challenges, assets like Bitcoin and Ethereum remain popular, while new projects in DeFi and NFTs are gaining attention. Institutional players see cryptocurrencies not only as speculative assets but also as tools for portfolio diversification.
Looking ahead, the market is expected to see further consolidation. Major players will likely strengthen their positions, while smaller ones may face difficulties due to increasing regulatory requirements. Additionally, the ongoing integration of cryptocurrencies into traditional financial systems could contribute to market stabilization and increased trust in digital assets in the long term. đ
