The crypto market experienced a substantial downturn on December 30, with a loss of approximately $200 billion in cumulative valuation. This lack of a "Santa Claus rally" can be attributed to a expected correction phase following a massive surge in November and December. The downturn also coincided with fears of weakening equity markets and higher inflation rates in 2025. However, despite the decline, the overall rise of digital assets in 2024 remained significant, with the cryptocurrency market still up $1.47 trillion for the year. There is a consensus that the bull market will continue in 2025, with Bitcoin leading the way with price targets ranging from $220,000 to over $800,000.



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