Crypto assets have gained momentum in recent months following huge institutional inflow into the market. These inflows were ignited in Q2 2023 after BlackRock’s Bitcoin (BTC) spot ETF application that opened the door to more traditional firms desiring a piece of the market leader. As the crypto highs continue, here’s a list of the top five crypto assets to watch out for in 2024.
Bitcoin
It’s no surprise that Bitcoin is an asset to watch out for a bull run in 2024 based on recent performance and future events. From Q4 2023, investors increased their appetite for the market leader pushing the price above $44,000 before the end of the year.
This year, Bitcoin soared to a new all-time high above $72,000 after the approval of ETFs and has dragged the entire crypto market to a bull phase. Bitcoin is an asset keen for more highs due to the upcoming halving event in April. The halving which slashes Bitcoin rewards is historically expected to be a bullish phase for the asset.
Ethereum
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