2024 Annual Summary of Cryptocurrency Market Data and Predictions
Reflecting on this entire year of the dramatic bull market in the crypto market, we are also full of expectations for 2025. Below is the annual summary of 2024 cryptocurrency market data.
1. BTC price annual trend:
In 2024, BTC experienced significant volatility, with an annual increase of up to 119.21% from the beginning to the end of the year. The highest point reached $108,366.8, while the lowest dipped to $38,545. This year showed a clear bullish trend but was also filled with uncertainty and fluctuating investor sentiment: the annual long-to-short ratio fluctuated between 0.9 and 1.1, suggesting a subtle balance between bullish and bearish market participants. Throughout the year, the fear and greed index plunged to an extreme panic state around 17 at its lowest and soared to an extreme greed atmosphere around 94 at its highest, with market sentiment experiencing very extreme fluctuations at different stages.