Bitcoin Slips in December as Investors Cash In on Record Rally Bitcoin fell 3.2% in first monthly drop since August It gave 120% gains last year, investors optimistic for 2025 Bitcoin’s record-breaking run faltered toward the end of 2024, leading to its first monthly drop since August. The digital asset fell 3.2% last month as US investors cashed profits after a rally triggered by President-elect Donald Trump’s victory pushed Bitcoin to an all-time high of $108,315 mid-December. Feverish speculation in the crypto market has cooled as expectations for interest-rate cuts from the Federal Reserve waned, eroding appetite for riskier assets.
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Bitcoin Slips in December as Investors Cash In on Record Rally
Bitcoin fell 3.2% in first monthly drop since August It gave 120% gains last year, investors optimistic for 2025

Bitcoin’s record-breaking run faltered toward the end of 2024, leading to its first monthly drop since August.

The digital asset fell 3.2% last month as US investors cashed profits after a rally triggered by President-elect Donald Trump’s victory pushed Bitcoin to an all-time high of $108,315 mid-December. Feverish speculation in the crypto market has cooled as expectations for interest-rate cuts from the Federal Reserve waned, eroding appetite for riskier assets.