The year for Bitcoin — A 2021 roundup of the flagship crypto
Cointelegraph
Published Jan 01, 2022 12:07PM ET
Updated Jan 01, 2022 01:40PM ET
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 Bitcoin (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.
h3 Adoption gains momentum as El Salvador leads the roost/h3 h3 Bitcoin transactions garner momentum/h3 h3 Taproot makes its long-awaited debut/h3 h3 Mining disruption caused by China /h3 h3 Infrastructure development surges /h3 h3 Major mainstream companies add Bitcoin to their coffers/h3 h3 Financial institutions join in the action/h3 h3 Conversations surrounding Bitcoin’s environmental impact grew/h3 h3 Global regulatory scrutiny increases greatly/h3 h3 Bitcoin ETF makes its debut on the NYSE/h3 h3 Coinbase (NASDAQ:COIN) IPO/h3 h3 Looking ahead toward 2022/h3Continue Reading on Coin Telegraph
Get The News You Want
Written By: Cointelegraph
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.