In 2023, the crypto market faced challenges with the collapse of Terra and Luna, FTX mismanagement, and more. However, towards year-end, Bitcoin surged from $16,000 to over $44,500, attributed to regulatory clarity and increased investor acceptance. G20 nations adopted a crypto regulation roadmap in October. For 2024, with regulatory clarity and potential ETFs for Bitcoin and Ethereum, the crypto market eyes a new era of institutional and retail investments. Increased user sign-ups on WazirX and evolving blockchain tech signal cryptocurrencies integrating into diverse sectors beyond speculation.
Crypto Market Recovery Amid Regulatory Clarity Anticipates Promising 2024
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