How 2024 Redefined Crypto’s Future
2024 has been a transformative year for the cryptocurrency industry, defined by unprecedented growth, regulatory breakthroughs, and a shift toward mainstream adoption.
The market capitalization of digital assets surged by 95.5%, reaching $3.37 trillion by the end of 2024, a testament to the growing confidence and interest in cryptocurrencies. Bitcoin, the market’s bellwether, led the charge with a 140% gain, leaving traditional assets like equities, bonds, and even gold far behind. Starting the year at around $42,000, Bitcoin’s price rocketed to an all-time high of $108,000, captivating investors and sparking a renewed sense of optimism in the sector.
The driving forces behind this growth were manifold: the approval of spot…