Odaily Planet Daily News: The cryptocurrency market often experiences cyclical changes, with Bitcoin leading the rise first, followed by altcoins. Investors use newly acquired market returns to seek additional returns, leading to capital flowing into altcoins and triggering a sharp rebound in a short period of time. Currently, Bitcoin is experiencing one of its worst December months to date, dimming the seasonal bull market with a 2% drop over the past 30 days. Due to profit taking and cautious sentiment after weeks of price fluctuations, the hope of a "Santa rally" - the phenomenon where assets tend to rise during the Christmas week - has been shattered. Some people warn that as the Federal Reserve hints at reducing the frequency of interest rate cuts next year and emphasizes not seeking national Bitcoin reserves, Bitcoin may experience further decline. （Coindesk）
