Crypto Market Boom: Bitcoin Soars to New Heights, Tether Surges, and Nasdaq Enters the Cryptoverse

  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 42 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 37%
  • Publisher: 63%

Technology Notizia

Cryptocurrency,Bitcoin,Ethereum

The cryptocurrency market is experiencing a remarkable surge in 2024, driven by ETF approvals, record-breaking prices, and the entry of major players into the market.

The cryptocurrency market experienced a significant surge in 2024, fueled by the approval of Bitcoin and Ethereum ETFs in the U.S. and the introduction of several cryptocurrencies, including Bitcoin, reaching new record highs. Bitcoin's price soared to a record high of $108,268 on December 17th, marking a 145% increase year-to-date. Other cryptocurrencies like Solana, BNB, and PEPE also followed suit, achieving new all-time highs.

This rally in Bitcoin and other cryptocurrencies led to a surge in demand for Tether's USDT stablecoin, pegged to the dollar. Tether's market valuation increased by approximately $50 billion this year, exceeding $140 billion. Notably, became the first Bitcoin holding company to enter the Nasdaq-100, aiming to raise $42 billion in capital over the next three years to acquire more Bitcoin.Looking ahead to 2025, the cryptocurrency market is poised for continued growth, driven by the momentum established in 2024. Bitcoin's halving rally and ETF approvals are expected to contribute to this growth. Optimistic projections suggest a 154% increase in Bitcoin's value, potentially reaching $250,000. Fundstrat's Tom Lee is highly bullish on Bitcoin for the next year, anticipating a similar price increase to $250,000

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 295. in İT
 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Crypto market review November: Bitcoin dominance dropped as altcoins Ethereum, XRP record massive gainsBitcoin (BTC), Ethereum (ETH) and XRP saw a significant price increase in November following a surge in the general crypto market capitalization, which rose from $2.5 trillion to $3.6 trillion in November.
Fonte: FXStreetNews - 🏆 14. / 72 Leggi di più »

Crypto Market Bloodbath: Bitcoin Crashes, Altcoins Take a BeatingFollowing controversial statements from the US Federal Reserve Chair, the cryptocurrency market experienced a significant crash, with Bitcoin plummeting below $98,000 and altcoins suffering double-digit losses.
Fonte: Crypto_Potato - 🏆 568. / 51 Leggi di più »

In new bitcoin bull market, it's time to beware of the same old crypto scamsWith bitcoin recently trading near $100,000, cybercriminals will be circling the wagons and preying on FOMO among investors.
Fonte: nbcchicago - 🏆 545. / 51 Leggi di più »