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The Next Crypto Bull Market May Come in 2024: 13 Reasons Why
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This story was originally published on HackerNoon at: https://hackernoon.com/the-next-crypto-bull-market-may-come-in-2024-13-reasons-why.
Learn what a bull run in crypto is and why experts believe a new crypto bull market will take place in 2024.
Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #crypto-trading, #bydfi, #cryptocurrency, #bull-market, #cryptocurrency-investment, #future-of-cryptocurrency, #blockchain, #stock-market, and more.
This story was written by: @inesstavares. Learn more about this writer by checking @inesstavares's about page, and for more stories, please visit hackernoon.com.
In a show of resilience, the market started recovering in 2023. Bitcoin went from $16k to $44k, rising 175% in value. Meanwhile, Ether almost doubled in value from $1.2k to $2.2k. For context, NASDAQ’s gains were 44%, the S&P 500’s 18%, and gold’s only 12%. Optimism and belief now dominate the crypto industry, and many are tipping 2024 as the year crypto reaches new all-time highs. In this article, I’ll go over 13 reasons why crypto enthusiasts expect a new bull market this year.
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