Top 5 bullish Bitcoin stories of 2021 -Breaking
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© Reuters. In terms of price movement, cryptocurrencies such as (BTCEther (ETH() Are ending 2021 in a whimper. This confounds expectations of an end to the year blow-off top scenario. A Six-figure Bitcoin in DecemberIt became an accepted trade by many market analysts, investors and observers. Many expected the new flagship cryptocurrency would replicate its past four-year cycles.
While Bitcoin may still be far from reaching that milestone, exponential markets need a longer-term perspective. We can zoom in and see that Bitcoin is still printing highs, but also lowers every year. Both institutional and retail investors are now embracing crypto as a valid asset class.
Tesla (NASDAQ) has added Bitcoin to its balance sheet
El Salvador declares Bitcoin legal tender
Crypto becomes a multi-trillion-dollar asset class
Approval of Bitcoin ETFs
Venture capital arrives
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