Bitcoin surges past 100,000 USD: December kicked off with Bitcoin exceeding 100,000 USD, contributing to a crypto market cap of 3.47 trillion USD, marking new heights. Institutional investors flocked to Bitcoin, with spot ETF inflows totaling 6.5 billion USD in November, indicating strong momentum in the market.

Altcoins rally led by XRP, Cardano: XRP experienced a stunning 362.3% surge on the back of welcoming regulatory news, massively outpacing its peers in the altcoin market. Cardano followed closely with a 216% gain, buoyed by strategic partnerships and token airdrops that captivated investor attention.

Defi and nfts gain traction: In DeFi, networks like Solana and SUI saw massive TVL increases of 43.4% and 54.0% respectively, reflecting growing interest. Meanwhile, NFTs observed a surge of 57.6% in sales volumes despite market challenges. KEY projects recorded significant developments, further hinting at the sector’s potential growth.