As 2024 nears its conclusion, the cryptocurrency market reflects on a year marked by remarkable developments. Bitcoin, the top cryptocurrency, set new all-time highs twice during this period. This achievement underscores the significant activity and growth within the digital asset sector.
Additionally, the year saw the introduction of spot Bitcoin and Ethereum ETFs, launched in major financial hubs, namely the US and Hong Kong. These new financial products broadened the market's scope and provided more avenues for investment in cryptocurrencies. The introduction of such ETFs demonstrates growing mainstream acceptance and integration of digital currencies into traditional financial systems.
Source: thenewscrypto.com ↗