Crypto markets have started off the month of December with a bang, as Bitcoin has already seen a 15% increase since the beginning of the month. This surge in price is attributed to several factors, including the expectation of near-term spot Bitcoin ETF approvals, the upcoming Bitcoin halving, and the growing macro narrative that the US Federal Reserve is planning a “dovish” policy pivot. Investors are buying Bitcoin out of fear of missing out, as many experts predict that it could reach new record highs in 2024.
Aside from Bitcoin, there are numerous other cryptocurrencies that investors should consider adding to their portfolios in anticipation of the expected bull market in 2024. Here are a few cryptocurrencies that the team at Cryptonews.com are bullish on: