cryptojournalist
Market Drop in December
AI cryptocurrencies saw their total value drop 28%, falling from a $70.4 billion peak on December 7 to $50.5 billion, according to CoinMarketCap.
Slower Trading Activity
Trading volume for AI tokens dropped by 11% over the past month, settling at $4.73 billion. This decline reflects reduced trader interest.
Bitcoin’s Market Impact
The drop in AI tokens coincides with Bitcoin’s 14% fall from its December 17 high of $108,000, as per Cointelegraph Markets Pro.
Altcoin Season Hopes for 2025
Experts predict a 2025 altcoin season, where Bitcoin profits could flow into smaller tokens like AI cryptocurrencies.
Signs of an Altcoin Rally
Crypto trader Elja’s fractal analysis points to a possible altcoin rally starting early next year. Fractals are recurring price patterns that help predict market shifts.
Ethereum’s Expected Growth
Ethereum (ETH) is likely to benefit from this rally, with forecasts ranging from a return to past highs to a potential surge to $15,000 by late 2025.
