HONG KONG, Jan. 09, 2025 (GLOBE NEWSWIRE) — CoinEx Research’s December 2024 report highlights a transformative month for crypto, with Bitcoin surpassing $100,000 amid optimism over President Donald Trump’s presidential victory. Trump. The report also examines the Fed’s hawkish stance, stablecoin inflows, and emerging trends such as the growth of AI agents and hyperliquid, setting a bullish tone for 2025.
An important milestone for Bitcoin
December 2024 marked a historic milestone for Bitcoin as it crossed the $100,000 threshold. The rally was largely driven by optimism surrounding Donald Trump’s presidential victory and expectations regarding his pro-crypto policies. On December 5, Bitcoin reached an all-time high of $108,000 before falling back to $94,000. This consolidation aligns with forecasts of a year-end recalibration, with further growth expected after the inauguration in January 2025. Analysts maintain a bullish outlook, targeting $150,000 to $200,000 by the first quarter 2025, depending on global liquidity and institutional inflows.
Contribution to global central bank policies
The Federal Reserve took a hawkish stance, cutting rates by 25 basis points but signaling smaller reductions in 2025. This has contributed to market volatility, with sharp corrections in traditional and crypto markets. Inflationary concerns added to the uncertainty, raising questions about Trump’s next economic policies.
Source: Federal Reserve; Data as of December 18, 2024
Conversely, the Bank of Japan (BOJ) maintained its key rate at 0.25%, opting for caution amid economic uncertainties. However, potential rate hikes remain a critical factor to monitor, as they could disrupt liquidity flows and carry trades.
AI Agents: Transformative Web3 Innovation
The narrative surrounding AI agents, which gained momentum in the fourth quarter, solidified in December. These agents have evolved from speculative hype to functional frameworks, with consumer-ready applications. CoinEx Search AI Agents in the Crypto World: Revolutionary Evolution from Web2 to Web3 highlighted their technical architecture and their investment potential. This theme is expected to dominate the Web3 landscape in 2025, providing new avenues for growth.
Expansion of the hyperliquid ecosystem
Hyperliquide has become a leader in on-chain derivatives, experiencing exponential growth in the fourth quarter. Its token price rose from $6 to $27, peaking above $35, achieving a 3.5x increase. During this period, the price even exceeded $35, pushing FDV to $35 billion, reflecting strong fundamentals and community support. The ecosystem has attracted high-profile projects, such as Solv Protocol, reinforcing its appeal to TGE. Subsidiary tokens like HFUN also demonstrated remarkable performance, increasing by 360% in the fourth quarter.
Stablecoins: a pillar of liquidity
Stablecoins maintained their bullish liquidity structure, with inflows near $13 billion in December. Despite Bitcoin volatility and altcoin corrections, the influx of new investors has maintained stable Bitcoin growth. This healthy liquidity supports the ongoing bull market and signals a potential altcoin season through 2025.
Looking to the future
The cryptocurrency market closed December on a high note, paving the way for a promising 2025. Investors should keep an eye on central bank policies, liquidity flows, and evolving trends such as AI agents and on-chain derivatives.
About CoinEx
Created in 2017, CoinEx is a global cryptocurrency exchange committed to facilitating the trading of cryptocurrencies. The platform provides a range of services, including spot and margin trading, futures, swaps, automated market maker (AMM), and financial management, to more than 10 million users in over from 200 countries and regions.
CoinEx Research remains committed to providing in-depth analysis and insights into the evolving cryptocurrency market, helping investors navigate the complexities and opportunities that lie ahead.
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