The cryptocurrency market has recently witnessed significant volatility, with Bitcoin crossing the $100,000 barrier for the first time, hitting a high of $108,000 before falling back below that level.
At the same time, Ethereum rose to over $3,500, reflecting increased institutional interest in the cryptocurrency.
On the other hand, Ripple (XRP) saw a 10% increase, trading at $2.6368, indicating increased interest from investors.
On the other hand, some cryptocurrency platforms were subjected to cyber attacks, with hackers linked to North Korea stealing a record $1.3 billion in 2024, highlighting the ongoing security challenges in this market.
Additionally, Ethereum ETFs have seen increased demand, reflecting growing confidence among institutional investors in the cryptocurrency.
In light of these developments, investors continue to closely monitor the market, with expectations that cryptocurrencies will witness further volatility in the near future.
