CoinGecko has released its 2024 Annual Crypto Industry Report, highlighting 2024 as a revolutionary year for the cryptocurrency market. The report analyzes the impact of macroeconomic policies and transformative events, such as the re-election of Donald Trump and the approval of spot ETFs by the US, on the trajectory of the crypto market. Bitcoin dominated the market in 2024, reaching an all-time high value of $108,135 and a total market cap of $3.91 trillion. The approval of spot ETFs and lower interest rates by central banks further solidified Bitcoin's reputation as a leading investment asset. The report also highlights the significant growth of AI agents, with a market capitalization increase of 322.2% in the fourth quarter. Additionally, the increasing demand for Layer 2 solutions on the Ethereum network is emphasized. The overall report provides comprehensive insights into the evolving crypto market and its regulatory developments, preparing for an exciting year ahead for cryptocurrencies.



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