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There was no shortage of crypto price predictions this year, particularly (it seemed) in November and December after the election. Some had been eyeing the $125,000 level for BTC at the end of 2024, while others did warn of a pullback.

Where we stood at 2:10 pm ET Monday: BTC at ~$94,300 and ETH at ~$3,400.

Bitcoin has dropped roughly 12% since rising above $108,000 on Dec. 17. Ether was trading higher than the $4,000 mark that day, but has fallen 15% since.

21Shares research strategist Matt Mena attributed this in part to the more hawkish vibes from the Fed heading into 2025. The…

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