Crypto Market Analysis | 3 January 2025

Crypto Market analysis

Bitcoin bulls continue the momentum as BTC is headed towards an important resistance at 100k mark which Bitcoin hasn’t been able to breach for two weeks.

This current rally is primarily fueled by XRP – which has shown immense strength since the year started – growing close to 20%. Ethereum on the other hand has seen record inflows from ETFs in December closing down on the 2 billion dollar mark, double of November. However, it is still sitting below the crucial 3500 USD mark.

Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered investment/financial advice from CoinSwitch. Any action taken upon the information shall be at the user’s risk.

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