The year for Bitcoin — A 2021 roundup of the flagship crypto By Cointelegraph
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While 2021 did provide some sort of respite for investors operating across the global crypto landscape, it was still largely been driven by fears that first reared their ugly heads back in 2020. From rising inflation rates to another wave of coronavirus-related outbreaks, the ground beneath everyone’s feet continued to move even without them knowing.
For example, while everyone assumed that (BTC) would hit a price target of $100,000 quite easily — including many traditional financial institutions — by the turn of the new year, the flagship crypto continued to showcase a high degree of volatility despite having touched an all-time high of $69,000 earlier in November, and essentially just moved in a broad sideways channel for the past ten months.
Adoption gains momentum as El Salvador leads the roost
Bitcoin transactions garner momentum
Taproot makes its long-awaited debut
Mining disruption caused by China
Infrastructure development surges
Major mainstream companies add Bitcoin to their coffers
Financial institutions join in the action
Conversations surrounding Bitcoin’s environmental impact grew
Global regulatory scrutiny increases greatly
Bitcoin ETF makes its debut on the NYSE
Coinbase (NASDAQ:) IPO
Looking ahead toward 2022
Continue Reading on Coin Telegraph
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
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© Reuters.
While 2021 did provide some sort of respite for investors operating across the global crypto landscape, it was still largely been driven by fears that first reared their ugly heads back in 2020. From rising inflation rates to another wave of coronavirus-related outbreaks, the ground beneath everyone’s feet continued to move even without them knowing.
For example, while everyone assumed that (BTC) would hit a price target of $100,000 quite easily — including many traditional financial institutions — by the turn of the new year, the flagship crypto continued to showcase a high degree of volatility despite having touched an all-time high of $69,000 earlier in November, and essentially just moved in a broad sideways channel for the past ten months.
Adoption gains momentum as El Salvador leads the roost
Bitcoin transactions garner momentum
Taproot makes its long-awaited debut
Mining disruption caused by China
Infrastructure development surges
Major mainstream companies add Bitcoin to their coffers
Financial institutions join in the action
Conversations surrounding Bitcoin’s environmental impact grew
Global regulatory scrutiny increases greatly
Bitcoin ETF makes its debut on the NYSE
Coinbase (NASDAQ:) IPO
Looking ahead toward 2022
Continue Reading on Coin Telegraph
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
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