In December 2024, the cryptocurrency market experienced significant volatility.

Bitcoin reached an all-time high of over $100,000, driven by President-elect Donald Trump’s pro-crypto stance and plans to establish a national Bitcoin reserve.

However, by December 23, Bitcoin’s price had declined to approximately $96,000, reflecting an 8.4% decrease over the past week.

Ethereum also faced a downturn, trading at around $3,337, marking a 15.5% weekly loss. The global crypto market capitalization stood at $3.459 trillion, down 2.4% over 24 hours, indicating a market correction following earlier gains. #btc