Crypto Market Review (Q4 2024)
San Francisco • Jan 16, 2025
Years from now, we’ll look back at Q4 2024 and say, “That’s when crypto went fully mainstream.”
During the quarter:
Crypto won big in the U.S. election, with more than 250 pro-crypto candidates elected.
Bitcoin topped $100,000 for the first time.
Breakout crypto app Polymarket became the primary tool for investors wagering on the 2024 elections.
MicroStrategy, a company with billions in bitcoin holdings, entered the Nasdaq-100, cementing its place among tech giants.
Billions of dollars flooded into tokenized Treasury products, private credit, and other onchain offerings.
For more on these and other crucial Q4 developments, plus insights into what's next, check out the latest Bitwise Crypto Market Review—a data-driven report featuring more than 60 charts and tables.
Download the Full Report
Access this report for key data points that shaped crypto markets in recent months.
Bitwise Asset Management is a global asset manager specializing in crypto and onchain finance with a nine-year track record and more than $14 billion in client assets. The firm’s suite of over 70 investment products—spanning ETFs, option income strategies, model portfolios, DeFi vaults, tokenized funds, and staking—helps investors access opportunities across the financial frontier. Bitwise serves more than 5,500 private wealth teams, RIAs, family offices, and institutional investors, as well as 21 banks and broker-dealers. The company is headquartered in San Francisco, with offices in New York and London.
Matt HouganChief Investment Officer
Ryan RasmussenHead of Research
Juan Leon, CFASenior Investment Strategist
Mallika KolarQuantitative Research Analyst
André Dragosch, PhDDirector, Head of Research, Europe
Ayush TripathiResearch Analyst, Europe
Gayatri ChoudhuryAssociate Portfolio Manager, Volatility and Alpha Strategies
