Due to the recovery of bitcoin prices above the $43,000 level, the total market capitalization of cryptocurrencies increased by 5.4% and reached $1.68 trillion. This positive growth has inspired traders and investors to look for opportunities to purchase cryptocurrencies at the beginning of the new year.

Bitcoin (BTC)

Despite the fact that the price of bitcoin (BTC) has already exceeded the key level of $43,000 and has increased by 160% since the beginning of 2023, there is an opportunity to benefit from a potential bullish rally, especially with the possible approval of a spot bitcoin ETF and the upcoming halving.

Bitcoin is currently trading at $43,184 with a daily increase of 6.12% and a weekly gain of 2.7% over the past seven days. Not every investor can afford to purchase a whole bitcoin, but many can purchase a small amount of Satoshi, which, without a doubt, can bring profit.

Ethereum (ETH)

The second largest cryptocurrency by capitalization, Ethereum (ETH), also showed significant growth in 2023. The price of ETH has risen above the $2,000 mark, starting the year below the $1,200 level. Moreover, most ETH owners are currently in profit.

At the moment, Ethereum is valued at $2,240.18 with a daily growth of 4.16% and an increase of only 0.58% over the past week.

Cardano (ADA)

Another altcoin that has shown growth on all time charts is Cardano (ADA). In addition to the price increase, the total value of assets in the Cardano blockchain (TVL) also increased and reached $420 million (Defi Llama data).

The current Cardano price is $0.5997, which corresponds to an increase of 9.28% per day and an increase of 1.85% per week. The low price of ADA makes this token available to many investors.

Considering all these factors, the above digital assets promise good prospects for price growth next year, making them an attractive option to buy in January 2024. However, it should be remembered that the crypto market is characterized by high volatility, and there is no guarantee of profit.