#ETHBreaks2k

The cryptocurrency market experienced remarkable growth in 2024, with its total market capitalization surpassing $3.68 trillion by December. This surge was driven by several key factors: 

Bitcoin’s Milestones:

• Price Surge: Bitcoin reached an all-time high of over $100,000 in December 2024, marking a significant milestone for the cryptocurrency.

• ETF Approvals: The approval of Bitcoin exchange-traded funds (ETFs) in January 2024 made it easier for institutional investors to access the market, contributing to increased demand and price appreciation. 

Ethereum’s Performance:

• DeFi Expansion: Ethereum’s price increased by nearly 50% over the year, driven by its central role in decentralized finance (DeFi) applications and smart contracts.

#ethbreak2k