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As the crypto market navigates through the final weeks of the year, the landscape has been marked by a persistent correction phase affecting leading coins like Bitcoin and Ethereum. However, a glimmer of optimism emerged recently as the market witnessed a notable upturn, providing relief to major cryptocurrencies and offering a surge to tokens like PancakeSwap (CAKE), Astar (ASTR), and Mina (MINA).

The crypto market is gradually closing the gap to a $2 trillion valuation as sentiment improves across the board mainly due to the the approval of spot Bitcoin exchange-traded funds (ETFs) in January. Bitcoin itself is also staying buoyant above $43,000 amid growing expectations of a breakout above $50,000 and subsequently toward an all-time high at $69,000.

A closely followed crypto trader says that one layer-2 scaling solution still has more upside potential after a big rally. Pseudonymous trader The Flow Horse tells his 194,500 followers on the social media platform X that Polygon (MATIC) competitor Optimism (OP) is likely heading higher after a retest at the $3.45 level.

In the whirlwind landscape of cryptocurrency, the Mina Protocol has taken center stage with an extraordinary 47% surge in its native token, MINA, within the past week. Currently riding high at $1.40, a level not witnessed since May 2022, MINA's impressive rally has ignited contemplation among investors: Can it breach the elusive $2 mark in the immediate future?

Crypto Price Prediction: The crypto market is bearish for the last week of the year prolonging a correction phase in leading coins like Bitcoin and Ethereum. However, On Wednesday, the crypto market witnessed a notable uptick, offering a relief rally to the majority of major cryptocurrencies.

The crypto prices today noted further declines as the investors seem to have taken a holiday pause after Christmas. Meanwhile, several analysts see this recent decline as a normal characteristic of the market, as the market participants and whales tend to go on a holiday break during this time of the year.

Mina is building the privacy and security layer for web3 with zero-knowledge proofs. It is the worlds lightest blockchain, powered by the participants.

Sebastien Guillemot, co-founder of DcSpark and Paima Studios, recently spoke about a potential collaboration in 2024. Guillemot, a software engineer and a Cardano community member, noted in a post on X, “Expect more projects that combine Arbitrum with @cardano and @MinaProtocol in 2024.

In a recent update, Sebastien Guillemot, the lead developer of Cardano, indicated potential significant advancements for the blockchain in the year 2024. This comes in the wake of a recent decrease in positive sentiment towards Ethereum.

In a recent X post, Cardano's lead developer, Sebastien Guillemot, hinted at groundbreaking developments for the blockchain in 2024. Amid the recent downturn in Ethereum sentiment, Guillemot expressed enthusiasm about working with Arbitrum, hinting at an imminent fusion of Cardano with Arbitrum and Mina Protocol.

Top Altcoins: Amid the Santa Claus Rally sentiment, the crypto market has taken a bullish turn since last week. While the top two leading cryptocurrencies Bitcoin and Ethereum have 5-9% weekly, several altcoins have witnessed a buying inflow.

Crypto Price Prediction: As we approach the festive season, there's growing speculation that the upcoming Christmas holidays might usher in a wave of bullish sentiment within the cryptocurrency market. Amid this optimism, crypto coins like Mina(MINA), Thorchain(RUNE), and Polkadot(DOT) have shown high recovery in the last 24 hours.

Crypto price prediction: Investors are anxiously waiting for the approval of the spot Bitcoin exchange funds (ETFs) by the Securities and Exchange Commission (SEC) in the United States. The agency is expected to node to multiple ETF proposals in early January — a move likely to trigger a buy the rumor sell the news situation.

Renowned cryptocurrency expert Austin Arnold, the brain behind the popular Altcoin Daily channel, has shared a bullish forecast for Bitcoin and a selection of emerging altcoins for 2024. With institutional investors poised to bolster Bitcoin's value and a wave of innovative developments across the crypto landscape, Arnold's predictions paint an optimism for a bull run.

Mina Foundation, the startup behind the MINA protocol has conducted a leadership reshuffling in preparation for its relocation to Switzerland. Evan Shapiro, the protocol co-founder and former CEO took to the X app to announce the new development alongside an open letter sent to the community.

In the last week, bitcoin experienced a modest increase of 2.7% against the U.S. dollar, while ethereum saw a rise of 6.5%. Concurrently, a range of other cryptocurrencies registered significant double-digit advances, notably the non-fungible token (NFT) marketplace Blur's token BLUR, which soared by a significant 72% this past week.

The cryptocurrency market has experienced a remarkable surge this past week, with notable gains across various digital assets. Blur (BLUR) leads this week's pack with an impressive 81.84% increase in value.

The cryptocurrency market experienced a robust resurgence from mid-October, fueled by the burgeoning anticipation of the first Bitcoin spot ETF potentially receiving approval. This excitement among market participants has been palpable, as the U.S. Securities and Exchange Commission (SEC) edges closer to its final decision.

Mina (MINA) and Neo (NEO) witnessed notable hikes over the past day, making them the top gainers among the top 100 crypto assets.

The post Fields of Green: Bitcoin Price Passes $36k & Leading Alts Surge LINK, MINA, SUI, NEO appeared first on Blockonomi.

These three top performing cryptos have truly been among the biggest upside assets in recent weeks, and could continue this momentum.

October was a positive and highly volatile month for the broader cryptocurrency market. Bitcoin (BTC) surged by 28% in the last 30 days, driving other projects to massive gains in a short-term bull rally.

The ongoing October rally in the crypto market has hit a major roadblock as the leading cryptocurrency Bitcoin struggles to surpass the $35,000 level. This newfound supply pressure has injected a dose of uncertainty among traders, manifesting in either minor retracements or sideways movements across the board.

The cryptocurrency market saw an eventful week with bluechips, memecoins and gaming tokens all taking part in the rally, signaling that crypto winter might be thawing. Floki Inu (FLOKI) topped the list with a whopping 85% gain as the memecoin continued its recent price surge, partially due to the TokenFi platform announcement.