Bitcoin set a record high in December, surpassing $107,000, but faced volatility amidst market and policy dynamics.

Bitcoin surged to a historic high of over $107,000 in December but faced fluctuations, dropping below $93,000 before stabilising around $96,400. While digital assets gained momentum, Bitcoin remained volatile, reflecting broader market conditions and policy shifts. Ethereum also experienced highs and lows, though cryptocurrencies continued to behave more like broader market instruments than the inflation hedges they were originally perceived to be.