The year for Bitcoin — A 2021 roundup of the flagship crypto -Breaking
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© Reuters. Investors operating in the crypto space saw some improvement in 2021, but it was still driven by the same fears that emerged back at 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 instance, even though everyone thought that it was (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.
El Salvador takes the lead in adopting children. Adoption is gaining momentum
Bitcoin transactions are gaining momentum
Taproot finally makes its long-awaited debut
China’s mining disruption
Infrastructure development surges
Bitcoin has been added to the coffers of major companies
The action is being supported by financial institutions
Conversations surrounding Bitcoin’s environmental impact grew
The global regulatory oversight of the industry is increasing.
Bitcoin ETF debuts on the NYSE
Coinbase (NASDAQ:) IPO
We look ahead towards 2022
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