After the shock of the FTX collapse that has shaken the very foundations of the cryptocurrency market, things are finally starting to look up for many digital assets, with some tokens leading the charge in stoking a new wave of bullish optimism heading into December.
Taking into account the price movements and relevant factors that could make or break cryptocurrencies, there are several decentralized finance (DeFi) tokens to watch for during the concluding month of 2022.
Bitcoin (BTC)
As it happens, the most noteworthy crypto coin for December this year is Bitcoin (BTC), the flagship asset that has recently demonstrated a long-awaited move out of the bearish trading pattern and toward a bullish November close as it tries to break the crucial level at $17,000.
At press time, the maiden crypto is changing hands at the price of $16,844.60, up 2.45% over the previous 24 hours, as well as 2.37% during the week, minimizing its summed-up monthly losses of 17.27%.
Bitcoin 7-day price chart. So
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