Bitcoin and Ethereum fell by 22% in December.

Bitcoin and Ethereum Struggled in December

Bitcoin and Ethereum experienced a %22 decline in December, failing to execute the anticipated year-end rally. This situation highlighted the fragility of the cryptocurrency markets due to low liquidity and a decreasing risk appetite.

Attempts to regain critical levels for Bitcoin were unsuccessful, and this quarter closed with a loss in value. This performance contrasts sharply with the strong performance of precious metals, especially gold.

The market's attention is focused on whether Bitcoin can maintain support levels as it enters the new year. The failure of this rally signals that a deeper market correction may be needed.