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As BTC breaks above $40k, Bitget looks at why 2023 was good and 2024 could be great
Don’t know if you’ve noticed, but the crypto market, led by Bitcoin and Ethereum and other top majors, has proven to be remarkably resilient this year – certainly after a very miserable bear-dominated 2022. And we type this as Bitcoin (BTC) – the market’s general barometer for health – pokes its head north of US$40k for the first time in about 19 long months. So, what then was the big market-moving narrative that helped pull BTC from about US$16k in January 2022 to where it is today, and helped inject more than US$650 billion back into the entire crypto market cap? And what, too, should we be keeping our ... (full story)