Binance Research monthly report presents important insights into the crypto market
The Dec. 2024 report highlights key developments in market capitalization, Bitcoin’s rise, Ethereum’s growth, and the expanding role of AI in the cryptocurrency ecosystem.
The report from Binance Research highlights important changes that occurred in the cryptocurrency sector in Dec. 2024. On Dec. 17, 2024, crypto market capitalization reached its highest point at $3.91 trillion, propelled by institutional adoption and regulatory confidence.
Due to further acquisitions and MicroStrategy’s inclusion in the Nasdaq 100, Bitcoin (BTC) reached an all-time high of $108,000. The rise was further bolstered by speculation that the US might adopt BTC as a strategic reserve asset. A $500 billion drop in market…
