Primer
It’s clear that 2024 has been a landmark period for the crypto market. The industry has experienced significant developments that have collectively shaped the landscape in profound ways. In this report, we will recap the year for some of the major assets and our analysts' insights and projections.
Bitcoin
- The introduction of a Bitcoin spot ETF has opened new avenues for institutional and retail investment. The ETFs have been highly successful, breaking multiple records on their way to $60+ billion AUM and $17+ billion in net flows.
- Bitcoin made new all-time highs after its highly anticipated halving event. However, the price did not meaningfully push past the old highs and is now back below them.
- The ongoing Bitcoin conference in Nashville features a keynote speech by former President Donald Trump. It underscores Bitcoin’s growing prominence in the political discourse.
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