Bitcoin becomes 7th largest global asset, stablecoins and AI drive crypto in 2024: report
A new Binance report for December highlights bullish and notable trends in the crypto space as we enter a new year.
The cryptocurrency market closed in 2024 with a record-breaking performance. Bitcoin (BTC) broke through $100,000, driven by regulatory optimism, bullish sentiment, institutional adoption, and technological innovation.
Binance’s December Research Monthly Market Insight report highlighted some growing trends that the firm saw in 2024, as well as in the month of December. Stablecoins like Ethena’s USDe (USDe) gained traction in decentralized finance, while artificial intelligence became a key transformative force.
Bitcoin became the 7th largest global asset by market cap
Bitcoin hit…
