Broker FreshForex reported on the changes in the cryptocurrency market that occurred in the period from December 16 to December 22.

Since the beginning of the current week, the cryptocurrency market has recorded an inflow of funds, in contrast to the previous week, when an outflow was seen.

According to CoinShares, the cryptocurrency market saw an inflow of $103 million between December 16 and December 22.

Ethereum, meanwhile, saw inflows of $7.9 million, reflecting strong investment fundamentals and increased demand for Ethereum staking returns. Solana saw weekly inflows of $6 million during the period and $20.1 million since the beginning of the month.

AVAX, Litecoin, PolkaDOT, and many others are also seeing positive momentum.

"In the last week of the outgoing year, there was a decrease in volatility in the forex market, which cannot be said about the cryptocurrency market. At the moment, many projects have not yet exceeded their annual highs, so now is a good time to replenish your investment portfolio with interesting coins," the broker reports.

According to the latest forecasts from CryptoQuant, the price of Bitcoin in early 2024 will be $54,000, and after halving, it will be $160,000.

FreshForex was founded in 2004 and is the winner of many international awards. The company is focused on traders of all levels and offers its clients a wide range of educational materials, from self-development instructions to video tutorials.