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What To Expect From Bitcoin and Crypto Markets In 2024

KEY TAKEAWAYS

  • The approval of a spot Bitcoin ETF has been the key area of focus for crypto investors, as it could broaden access to Bitcoin.
  • Optimism surrounding the possible approval of a spot Bitcoin ETF helped contribute to a rally in the price of Bitcoin.
  • 2023 was a pivotal year in terms of crypto enforcement actions, with further regulatory clarity expected to arrive in 2024.
  • An end of policies focused on monetary tightening from central banks around the world could also lead to a positive outcomes for risk assets like cryptocurrencies.

Bitcoin’s recent rally may have taken it past the $42,000 market and helped put the crypto winter of 2022 far in the distance. However, it was also a year the largest cryptocurrency by market capitalization started on shaky grounds at a mere $16,500 level.

Here’s what you need to know with the crypto markets looking ahead to the next…

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