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Bitcoin Reaches 106,496 USD amid Positive Trends in Ethereum and XRP

In December 2024, Bitcoin achieved a record 106,496 USD, bolstered by a substantial 5.5 billion USD in institutional inflows and favorable regulatory developments in the U.S., reinforcing its position as a utility-driven asset.

Ethereum maintained stable prices between 3,500 USD and 4,000 USD while preparing for the upcoming Pectra upgrade. XRP launched its RLUSD stablecoin, garnering attention from both investors and regulators, thus enhancing its role in digital payments.

The NFT market experienced a significant revival with sales reaching 757.57 million USD, led by popular collections like Pudgy Penguins. This recovery underscores healthy demand and interest within the broader crypto ecosystem.

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