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Learn what a bull run in crypto is and why experts believe a new crypto bull market will take place in 2024.
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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.