After touching $99,000 on Christmas day, BTC has dropped to 96k again as we head to the new year. While BTC has grown by more than 120% in 2024, it is worth noting that BTC had pumped 25% and 15% in the last week of 2020 and the first week of 2021 before topping off in April and then in November that year. Given Bitcoin\u2019s four-year cyclic behavior, analysts predict a similar move this year as well.<\/p>\n\n\n\n
Meanwhile, Ethereum seems to have taken support near the crucial $3,300 mark and is poised for another leg up, with institutional interest favoring the only other crypto ETF that is traded in the US apart from BTC.<\/p>\n\n\n\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
After touching $99,000 on Christmas day, BTC has dropped to 96k again as we head to the new year. While BTC has grown by more than 120% in 2024, it is worth noting that BTC had pumped 25% and 15% in the last week of 2020 and the first week of 2021 before topping off […]<\/p>\n","protected":false},"author":93,"featured_media":42281,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[14714],"tags":[6467,6602,6536],"class_list":["post-43687","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-analysis","tag-crypto","tag-market-update","tag-news"],"acf":{"key_takeways":false,"youtube_vodeo_url":"","seo":{"title":"","keywords":"","description":"","canonical":""},"blog_banner_image":false,"blog_coin":false,"download_the_app":{"button_value":"","button_url":""},"twitter_card":{"twitter_title":"","twitter_description":"","twitter_link":""},"maturity_tag":"","post_author":false,"guest_author":false,"hide_toc":true,"select_disclaimer":"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\u2019s risk."},"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/43687","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/users\/93"}],"replies":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/comments?post=43687"}],"version-history":[{"count":2,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/43687\/revisions"}],"predecessor-version":[{"id":43690,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/43687\/revisions\/43690"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media\/42281"}],"wp:attachment":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media?parent=43687"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/categories?post=43687"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/tags?post=43687"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}