This past week, the crypto market has seen massive volatility, while traders follow Michael Saylor's advice to take a break.that the 2024 crypto rally has finished. According to the data, the trading volume dropped by 64% to seven-week lows compared to the previous week, which saw Bitcoin hit an all-time high.This sharp decline, particularly in speculative altcoins, aligns with seasonal patterns, as year-end holidays and financial planning often reduce market activity.
Rich Dad Poor Dad Author Doubles Down on His Bitcoin $350K Prediction for 2025. XRP: Here's What Happens if This Resistance is Broken. Finally, Ethereum (ETH) Is Waking Up. Growth of US Dollar Index (DXY) Is What Suffocating Bitcoin Despite this, whale activity remains a key factor to watch. Their strong accumulation trend suggests the potential for a surprise pump before the year ends, especially with retail traders largely disengaged.XRP and DOGE, like many altcoins, continue to exhibit a strong correlation with Bitcoin, which may act as a limiting factor for their growth.by massive liquidations, which took away almost $800 million in traders' positions. Almost 84% of them came from long positions. Despite ongoing whale accumulation and other positive fundamentals surrounding these assets, the lack of upward momentum from Bitcoin could prolong drawdowns for both coins
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