USD

AED

AFN

ALL

AMD

ANG

AOA

ARS

AUD

AWG

AZN

BAM

BBD

BDT

BGN

BHD

BIF

BMD

BND

BOB

BRL

BTN

BWP

BYN

BZD

CAD

CDF

CHF

CLF

CLP

CNH

CNY

COP

CRC

CUC

CUP

CVE

CZK

DJF

DKK

DOP

DZD

EGP

ERN

ETB

EUR

FJD

FKP

GBP

GEL

GHS

GIP

GMD

GNF

GTQ

GYD

HKD

HNL

HRK

HTG

HUF

IDR

ILS

IMP

INR

ISK

JMD

JOD

JPY

KES

KGS

KHR

KMF

KPW

KRW

KWD

KYD

KZT

LAK

LBP

LKR

LRD

LSL

LYD

MAD

MDL

MGA

MKD

MMK

MNT

MOP

MRU

MUR

MVR

MWK

MXN

MYR

MZN

NAD

NGN

NIO

NOK

NPR

NZD

OMR

PAB

PEN

PGK

PHP

PKR

PLN

PYG

QAR

RON

RSD

RUB

RWF

SAR

SBD

SCR

SDG

SEK

SGD

SHP

SLL

SLE

SRD

SSP

STD

STN

SVC

SYP

SZL

THB

TJS

TMT

TND

TOP

TRY

TTD

TWD

TZS

UAH

UGX

UYU

UZS

VES

VND

VUV

WST

ZAR

ZMW

XCG

ZWL

ZWG

Cryptopolitan 2024-12-30 10:42:14

Bitcoin’s explosive rally hits a wall as 2024 ends

Bitcoin’s rally was fueled by Donald Trump’s victory in the 2024 U.S. presidential election, but that momentum is slowing as the year winds down. According to a recent Bloomberg report, Bitcoin traded at $93,085 early Monday in London. It’s down about $15,000 from its mid-December high. The leading cryptocurrency faces challenges after riding high on optimism around Trump’s crypto-friendly stance. Meanwhile, other digital currencies, including Ethereum and the meme coin Dogecoin, have failed to keep up the gains. Trump’s promise of a national Bitcoin reserve and lenient regulations created a positive outlook in the digital assets market. Bitcoin’s strong performance was assisted by speculative buying, which was matched by optimism. However, the Fed’s scaled-back projections have cooled investors’ hopes for significant interest rate cuts. Trump’s pro-crypto attitude hasn’t been enough to sustain Bitcoin’s rally With Trump officially taking office on January 20, the future of crypto policy in the U.S. should be more transparent. This stance contrasts sharply with the work of President Joe Biden’s administration, which was tough on the crypto market, especially because they felt it was an easy way to fall into scandals and fraud. Bitcoin Price Chart | Source: Bloomberg Chris Weston, head of research at Pepperstone Group, said Bitcoin’s post-election rally has faded. He also pointed to reduced activity in exchange-traded funds tied to the cryptocurrency. At the same time, software company MicroStrategy Inc. has made headlines for its aggressive buying strategy as it takes a position among Bitcoin’s most prominent corporate holders. The company has recently added BTC to its reserves, which now totals more than $40 billion. Traders are also keenly watching to see if MicroStrategy sticks with the usual Monday habit of making BTC purchases . As we saw in the latest slowdown, Bitcoin’s 2024 performance has been impressive overall. The cryptocurrency has surged more than 120% this year, doubling global stocks and easily beating gold. The news comes after a remarkable 2023 rebound when the top cryptocurrency more than doubled in value after a brutal bear market. A Step-By-Step System To Launching Your Web3 Career and Landing High-Paying Crypto Jobs in 90 Days.

La maggior parte ha letto le notizie

Bitcoin Price Prediction: Top 3 Scenarios as...
2026-04-03
Ethereum Price Sees $1B Sell Pressure — Bulls...
2026-04-03
Ripple Expands Into SWIFT System With Treasur...
2026-04-03
Ripple CTO Says Freeze-Proof Stablecoins Can’...
2026-04-03
Hyperliquid Volume Hits Binance-Comparable Le...
2026-04-02
Solana Price Prediction: SOL Slides Below $80...
2026-04-02
Is Trump Manipulating the Crypto Market?
2026-04-02
Goatseus Maximus (GOAT) Price Prediction 2026...
2026-04-02

Notizie correlate

XRP Price Outlook: $451M Spot Buying Vs. Bearish F...
03 Apr 2026
Next Shiba Inu Search Finds 100x Potential as Pepe...
03 Apr 2026
Ethereum Foundation Stakes Additional $46.64M
03 Apr 2026
Next Pepe Coin Search Heats Up After $285M Hack Sh...
03 Apr 2026
Riot Platforms Sells 3,778 BTC in Q1 2026
03 Apr 2026
Calculated Ambition: ChangeNOW Defies Market Uncer...
03 Apr 2026

Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta