Which Cryptocurrencies Will Perform Best in 2024?

🚀BTC is projected to reach new all-time highs in 2024, driven by ETF approvals and investor demand.

🏦ETH's performance in 2023 was hindered by competition from Bitcoin and the modest growth of DeFi. The transition to Proof of Stake and potential DeFi advancements may improve its prospects.

💼Professionalization of the crypto sector is evident, with more institutions filing for BTC ETFs and embracing crypto.

🌎2023 saw a decline in sell pressure and a decrease in retail participation due to broader economic factors.

📈BTC's low volatility in 2023, its decoupling from equities, and the strength of long-term investors indicate a positive outlook for 2024.

Will BTC reach new all-time highs in 2024?

—Yes, predictions suggest that BTC will reach new all-time highs in 2024.

Why did ETH perform poorly in 2023?

—ETH faced competition from BTC and saw a modest growth in DeFi, impacting its relative performance.

What dates are important to watch in 2024?

—Two key dates are the SEC's decision on BTC ETF filings in January and the Bitcoin halving in April.

Is the crypto market optimistic about the future?

—Yes, despite challenges, the market is optimistic about the future of cryptocurrencies due to institutional involvement and market trends.

Will the transition to Proof of Stake benefit ETH in 2024?

—The transition to Proof of Stake and potential advancements in DeFi may improve ETH's performance in 2024.

00:00Introduction to the report on crypto's performance in 2023 and predictions for 2024.

06:12BTC's bullish performance in 2023, decoupling from equities, and expected new all-time highs in 2024.

12:14ETH's relatively poor performance in 2023, influenced by competition from BTC and modest growth in DeFi.

13:45Futures-based ETH ETFs' underwhelming impact and potential for improvement in 2024.

17:39Overall market optimism, professionalization of the crypto sector, and key dates to watch in 2024.