The biggest boost to cryptocurrency in 2024 has been US president-elect Donald Trump’s announcement of a bitcoin strategic reserve, and the gradual green light for bitcoin exchange traded funds by the worlds major market regulators.Crypto markets have exhibited a strong performance this year, supported by strong ETF inflows and various fundamental positives. Ethereum was up 50 per cent YTD, while Bitcoin rallied 127 per cent YTD, reaching an all-time high of $108,000 in December. Should we expect a bullish move after Trump is sworn in ?
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