Bitcoin

Ethereum

<ul><li>Cryptocurrencies, led by Bitcoin and Ethereum, defy market retreat, with Bitcoin surging 167% YTD, outpacing traditional assets.</li><li>Internet Computer emerges as a standout, doubling market cap in a week, showcasing the dynamic nature of the crypto landscape.</li><li>Lessons from the past year reveal crypto resilience, fueled by global inflation, DeFi evolution, and increasing acceptance in traditional finance.</li></ul>In the closing days of 2023, the cryptocurrency market experienced a subtle retreat during its final non-holiday weekend. As highlighted by Santiment, an analytics platform,<a href="https://cryptotale.org/bitcoin-oscillates-between-35k-and-50k-amidst-evolving-trends/" rel="noopener noreferrer nofollow"> Bitcoin</a>, a bellwether of the digital asset space, receded to $41.6K, while Ethereum maintained a somewhat more resilient position just above $2,200. Notably, the real outlier in this scenario was Internet Computer, which astoundingly more than doubled its market cap within a week.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/915dde118749447da63ce3885ad24498.png" />Despite this mild downturn, the crypto community found reason to celebrate what has been dubbed a Merry Cryptomas. Bitcoin surged<a href="https://www.bloomberg.com/news/articles/2023-12-04/bitcoin-btc-hype-machine-goes-into-overdrive-as-token-surges-past-42-000" rel="noopener noreferrer nofollow"> impressively</a> by 167% year-to-date, with Ethereum not far behind, marking an upward trajectory of 91%. In a stark contrast, traditional assets found themselves trailing in the wake of the digital currency boom.Currently, Bitcoin is priced at<a href="https://www.coingecko.com/en/coins/bitcoin" rel="noopener noreferrer nofollow"> $41,035.62</a>. Impressively, the cryptocurrency commands a market cap of $803.2 billion, driven by a circulating supply of 20 million BTC. In contrast, Ethereum is currently valued at<a href="https://www.coingecko.com/en/coins/ethereum" rel="noopener noreferrer nofollow"> $2,168.05</a>, with its market cap standing solid at $260.7 billion, buoyed by a circulating supply of 120 million ETH.Read full article at <a href="https://cryptotale.org/crypto-retreat-bitcoin-at-41-6k-ethereum-holds-ground-in-year-end-trends/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Crypto Retreat: Bitcoin at $41.6K, Ethereum Holds Ground in Year-End Trends

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