My Top Crypto to Buy in December
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While just about every top cryptocurrency has seen its value rise this year, there's one clear leader taking the market higher right now: Bitcoin (CRYPTO: BTC). The price of Bitcoin has more than doubled this year, and now sits at just below $38,000. As a result, Bitcoin now accounts for nearly 52% of the value of the entire crypto market.
Even with this year's rally, though, Bitcoin is still significantly below its all-time high of $69,000. Moreover, there are two important catalysts for Bitcoin heading into 2024 that could send the price higher. Let's take a closer look.
Remember when Wall Street banks scoffed at the idea of crypto as an asset class, or when large institutional investors avoided Bitcoin like the plague? Those days are long gone, and one of the dominant themes this year has been just how much demand for Bitcoin is now coming from institutional investors.
Source Fool.com
