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.

2. Cryptocurrency market capitalization:

As of December 31, 2024, the total market capitalization of cryptocurrencies reached $3.23 trillion, nearly doubling from $1.65 trillion at the end of last year. This is thanks to Bitcoin's strong performance and the stable development of other cryptocurrencies. This bull market is influenced by various factors, primarily the narrative of spot ETFs, the halving of BTC mining rewards, the prevalence of Trump trading, and the favorable expectations of the Federal Reserve's interest rate cuts. Looking at the market capitalization trend since the end of 2018, despite several significant pullbacks, the overall trend remains upward.

3. Composition ratio as of December 31, 2024:

Data shows that in terms of market capitalization composition, Bitcoin leads with a share of 62.43%, reaching a market cap of $1.82 trillion. Ethereum follows closely with a share of 13.73%, with a market cap of $402.38 billion. Other major cryptocurrencies such as XRP, BNB, SOL, DOGE, and ADA also hold certain market shares, at 3.98%, 3.46%, 3.1%, 1.57%, and 1.02%, respectively. Among them, XRP has seen the highest increase since the U.S. elections in November, returning to the top three in market capitalization. Meanwhile, MEME, AI, and RWA have been hot concept sectors throughout the year.

4. 2024 liquidation data:

In 2024, the total liquidation value across all contracts reached an astonishing $86.069 billion, with the number of liquidations hitting 28.5202 million. The largest single liquidation value was $7.55048 million. The high risk and high reward coexist in the crypto market; we need to be cautious when trading contracts to avoid becoming part of this data.

5. 2024 ETF data:

In terms of spot ETFs, the total inflow of BTC spot ETFs in the U.S. reached $34.363 billion, while the total inflow of ETH spot ETFs was $2.621 billion. The total inflow of BTC spot ETFs in Hong Kong also reached $278 million. These figures indicate that institutional investors' interest in cryptocurrencies is growing, and the inflow of funds from ETFs provides more liquidity and stability to the market; therefore, the pullback in this bull market is significantly lower compared to previous rounds.

6. Summary:

2024 is a year full of great opportunities for the crypto market. The strong performance of BTC and the growth of the total crypto market capitalization demonstrate the market's immense potential and diversity, although the market's volatility cannot be ignored.

Accompanying predictions

Predictions for 2025:

1. Bitcoin price exceeds $200,000

2. New ETFs approved

3. On financial asset tokenization

4. New Bitcoin on-chain earnings

5. There will be Meme season

6. Multiple crypto companies go public in the U.S.

7. Stablecoins exceed $400 billion

8. Total crypto market capitalization exceeds $8 trillion

9. Some countries declare Bitcoin as a strategic reserve

10. Dogecoin will not exceed $2

11. The BRC20 ecosystem has not recovered

12. NFT has grown but cannot reach the heights of the last bull market

13. Sol experiences downtime

14. A micro-strategy stock in Hong Kong goes online

15. Abstract account-based exchanges are emerging

16. Tokens launched by AI agents lead the market

17. Sol exceeds $500

18. The DePin track has breakout products

19. The blockchain gaming track has dark horses

20. Sui exceeds $10

21. You will no longer experience liquidation