The cryptocurrency market, led by Bitcoin, has exhibited a dynamic trajectory in 2024.

While marked by periods of significant price fluctuations, the overall sentiment remains cautiously optimistic, fueled by growing institutional interest and a gradual shift towards mainstream acceptance.

Bitcoin, as the most dominant digital asset, has remained the focal point for investors navigating the crypto landscape. Its price has been influenced by a complex interplay of factors, including macroeconomic conditions, geopolitical events, and the actions of major market participants.

Global economic trends, particularly central bank policies and inflation rates, have exerted considerable influence on Bitcoin’s price.

The Federal Reserve’s monetary policy adjustments and the ongoing global economic recovery post-pandemic have contributed to the cryptocurrency’s volatility.