The cryptocurrency market in 2024 experienced significant development and changes. Here are some key trends and events:

1. **Market Growth and Differentiation**: In 2024, the cryptocurrency market overall showed a growth trend. At the beginning of the year, the U.S. approved the Bitcoin spot ETF, triggering a rapid rise in the market. Bitcoin's price surpassed $100,000 in December, setting a new all-time high for total market capitalization. Meanwhile, the market structure continued to evolve, with high FDV and low circulation tokens performing poorly, and institutional demand for Bitcoin allocation increasing.

2. **Bitcoin Price Volatility**: Bitcoin experienced significant price volatility in 2024. At the beginning of the year, Bitcoin's price soared to a historical high of $73,000. Subsequently, the market entered a relatively calm consolidation period. As 2024 drew to a close, market optimism rose again, driven by the U.S. government's support for cryptocurrencies and the interest rate cut cycle.

3. **Performance of Other Cryptocurrencies**: In 2024, other cryptocurrencies also performed well. For example, Solana (SOL) led the market multiple times during this cycle, with an increase of 700% by the end of the year.

4. **Market Events**: 2024 was an important year for the cryptocurrency market, including significant events such as the launch of the Bitcoin ETF, the U.S. presidential election, crypto ETFs, the Wyoming DUNA Act, the wBTC controversy, Robinhood receiving a Wells notice, Hyperliquid's nearly $2 billion airdrop, Bitcoin breaking $100,000, and SEC Chairman Gary Gensler announcing his resignation in January, among other major events.

5. **Market Trend Predictions**: Looking ahead to 2025, it is expected that the price of Bitcoin will reach $210,000, and the total market capitalization of cryptocurrencies will expand to $7.5 trillion. As Ethereum addresses user experience issues, the ETH/BTC ratio is expected to rebound to 0.05. Additionally, the market capitalization of stablecoins is expected to reach $300 billion, and DEX trading volume is projected to exceed 20% of CEX trading volume.

These trends and events reflect the overall state of the cryptocurrency market in 2024.