Holiday price action: Signs of the next crypto bull run?

A closer look at the similarities between today’s thriving crypto market and the 2020–2021 bull run.

As 2023 drew to a close and with the start of 2024, the crypto market is once again experiencing a resurgence, one that is reminiscent of the bull run witnessed back in December 2020. 

The ongoing revival has brought with it a renewed sense of optimism and potential, with investors hoping for a major turnaround.

To this point, since the start of 2023, the market capitalization of the digital asset sector has boomed from $831 billion to over $1.8 trillion, thereby showcasing a growth of nearly 100%.

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bitcoin
Bitcoin (BTC) $ 91,716.57
ethereum
Ethereum (ETH) $ 3,045.19
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 895.67
xrp
XRP (XRP) $ 2.20
solana
Wrapped SOL (SOL) $ 139.34
dogecoin
Dogecoin (DOGE) $ 0.150098
chainlink
Chainlink (LINK) $ 13.31
shiba-inu
Shiba Inu (SHIB) $ 0.000009
nexo
NEXO (NEXO) $ 0.959008
enjincoin
Enjin Coin (ENJ) $ 0.032263
cardano
Cardano (ADA) $ 0.426639