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Thus, the prospect of BlackRockrsquos Bitcoin ETF, if sanctioned, could be a catalyst for a surge in BTC prices by paving the way for greater institutional investment. However, the prevailing uncertainty surrounding the SECrsquos approval may temper market sentiments. Digital Trend reports This story has been updated to correct the market cap growth of cryptocurrencies since last November. Read More: How Crypto Investors Are Handling Plunging Prices After the analysis of the prices of Polygon in previous years, it is assumed that in 2024, the minimum price of Polygon will be around $$1.23. The maximum expected MATIC price may be around $$1.49. On average, the trading price might be $$1.27 in 2024. The 100 most traded cryptocurrencies in the last 24 hours as of December 5, 2023 Unlike fiat currencies, many cryptocurrencies, such as BTC,DOT,SOL, often have a fixed total supply or issuance rate. Since price is related to supply and demand, a fixed or limited supply can also affect the price of an asset by making it more rare.