Crypto Market Dynamics: December 13, 2024
The cryptocurrency market is experiencing a slight pullback today after an impressive rally. According to Coinpedia Fintech News (coinpedia.org), the total market capitalization stands at approximately $3.6 trillion, with trade volumes decreasing by 5.86% to $203.43 billion. The Fear & Greed Index has shifted from "Extreme Greed" to a score of 78, indicating a more cautious sentiment among investors.
Bitcoin's price saw fluctuations as it reached its peak at $102,524 before dropping back below the significant psychological mark of $100,000 during press hours due to reduced trading volume and profit-taking activities. However, Bitcoin ETFs have maintained their positive inflow streak for eleven consecutive days with BlackRock’s “IBIT” leading the charge through substantial investments totaling over half a billion dollars in just one day.
Anticipating Bitcoin Trends in 2025
A report from Morningstar (morningstar.com) highlights that Donald Trump's reelection could bolster bitcoin prices further into next year despite potential corrections due to the inherent volatility within crypto markets historically marked by sharp downturns following rapid growth phases, like those seen recently. This optimism stems partly because the Trump administration promises favorable regulatory environments fostering innovation while encouraging mainstream adoption via institutional channels such as spot ETF offerings, which continue gaining traction globally amidst ongoing macroeconomic uncertainties including inflationary pressures potentially driving demand higher. Yet, caution remains warranted given unpredictable geopolitical developments impacting investor confidence worldwide.
Sources:
- Crypto Prices (Dec 13, 2024): This is What Is Happening in the Crypto Market Today!
- What to Expect from Bitcoin in 2025
- Bitcoin’s Impact on Altcoins: Understanding the Connection
- Understanding Crypto Whales: Who They Are and Their Impact on Markets
- Trade Wars and Currency Shifts: Could Bitcoin Emerge as the Real Winner?
- Ethereum Price Forecast: ETH could see new all-time high above $5,000, on-chain data signals bullish momentum
- Bitcoin and Ethereum Hold Critical Levels as $2.72B Contracts Near Renewal
- Ethereum ETFs See $500 Million Boost in Just Two Days
- $2.7 Billion in Bitcoin and Ethereum Expired: What's Next?
- BlackRock Ethereum ETF Surges Past $3B as Analysts Eye ETH Rally to $15,000
- Ethereum ETFs See $500M Inflows As BlackRock And Fidelity Lead Purchases
- Best Altcoins to Invest In | Top 10 Altcoins to Invest in for the Bull Run
- Why Altcoins Were Thrashing the Market on Thursday
- Crypto Analyst Reveals Top 10 Altcoins Poised for 50x Returns! Here Are They!
- Why Rollblock Is Primed To Overtake Major Altcoins Like Aptos And Polygon
- Invest in the best altcoins today, as Qubetics presale continues, and Polygon and Algorand make strong gains.
- Bitcoin Price Prediction Today (13th Dec 2024)!
- Matrixport sees 60% upside for Bitcoin, targets BTC price to hit $160,000 in 2025
- $4.26 Billion in Bitcoin and Ethereum Options Expires Today: What’s Next for Crypto?
- Expert Says XRP Holders Will Be Filthy Rich Because of This
- Ethereum Hits $4,000 as $2 Billion ETF Inflows Drive Price Predictions of $5,000, Says CryptoQuant
- 8 Best Crypto to Buy Now, But Is the World Ready to Welcome the Crypto Era?
- Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC and XRP stalls while ETH eyes rally
- AAVE, LINK, ETH Price Analysis: Will Donald Trump’s Top Altcoin Picks Boom?
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- Stablecoin Market Cap Surpasses $200B As DeFi Yields Outpace Traditional Finance
- Aptos (APT) Price Recovers 15% After $2 Billion Market Cap Loss
- GoldenHome Living Co., Ltd.'s (SHSE:603180) market cap up CN¥406m last week, benefiting both private companies who own 42% as well as insiders
- Institutions profited after NYOCOR Co., Ltd.'s (SHSE:600821) market cap rose CN¥374m last week but retail investors profited the most
- Altcoin Market Cap Shows Bullish Divergence
- A month after its IPO raised $4.3 million, a share price decline for accelerator Scalare Partners has trimmed $6.5m from its market cap
