As reported by Biji.com, VeChain (VET) has dropped 75% since December 2024, with its market cap rank falling to 97th. The decline is attributed to broader market volatility and a sharp drop in Bitcoin, which fell from $92,000 to $86,000. VET’s price remains down 23.8% this month and 14.8% in the past 14 days. The CME FedWatch data shows an 87.2% chance of a 25-basis-point rate cut in December, which could trigger a broader crypto rebound. ETF inflows and buying on dips may offer short-term support for VET if market sentiment improves.
VeChain (VET) Plummets 75% Since December 2024 Amid Market Downturn
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