The crypto industry entered a full-fledged recovery in 2024. The approval of Bitcoin and Ethereum spot ETFs in the United States marked a historic integration of digital assets into the mainstream financial system. Institutional capital poured in, driving a sharp rise in market activity. Meanwhile, the global regulatory framework matured—the Markets in Crypto-Assets (MiCA) regulation of
As multiple countries adopted strict regulatory frameworks for cryptocurrencies in 2023, the Federal Reserve continued raising interest rates and the US dollar index strengthened, leading to increased volatility in mainstream cryptocurrencies. Hedge funds and traditional financial institutions kept exploring crypto asset exposure, while geopolitical turmoil and global economic slowdown made stablecoins and risk control focal