Messari: Bitcoin's Q4 Price Up 48%, ETF AUM Up 80%
The Bitcoin ecosystem saw explosive growth in Q4 2024, driven by a surge in ETF adoption, a mining boom and the rise of DeFi, according to the Bitcoin Q4 Report released by Messari.The BTC price rose 48% quarter-over-quarter and 121% year-over-year to $93,400, spot Bitcoin ETF Assets Under Management (AUM) increased 80% to $108.43 billion, and Bitcoin Coin DeFi TVL surged 693 per cent. Despite a decline in daily volume, active addresses increased, BRC-20 and Runes trading picked up, and mining arithmetic hit a record high, indicating further increases in the security of the network's economy.
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