Crypto Market Recorded Strong Growth in December: Binance
In spite of some troubles, the cryptocurrency market ended 2024 on a strong note, reaching an all-time high (ATH) market cap of $3.91 trillion in December.
In a current insight report released by Binance Research, the research study arm of the cryptocurrency exchange, the marketplace's development was mainly affected by Bitcoin's outstanding efficiency and regulative optimism.
Bitcoin Becomes 7th Largest Global Asset
Following the bitcoin cutting in half occasion in April 2024, the leading cryptocurrency has actually been on a roll, striking ATH after ATH. With its newest peak of $108K, bitcoin's market cap saw a year-to-date (YTD) development of roughly 123.4%.
Its excellent efficiency in 2024 led to it being ranked the seventh biggest international possession by market cap, going beyond ...