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Bitcoin 2021

by Hashogen | Dec 31, 2020

Everyone astonished with this year which has been a wild ride for anyone invested in, or even just watching, the Bitcoin market. The global most valuable virtual currency in December traded at more than $23,000.

More amazingly when the U.S. first began grappling with Covid-19 in early March, Bitcoin was below $4,000. For owners or sellers, it’s a bold-twisting source of gains and losses. For those on the sidelines, it’s an entertaining market show, with slight tinges of jealousy and dizziness.

Even though that tremendous bitcoin price fluctuation in a generally upward direction 2020 was also a year of relative maturity for a currency that, after all, has only been trading for a decade. As many researchers point of view a fintech newsletter brings more promising year for the crucial bitcoin trends in 2021.

In 2021, people are likely see an extension of this mainstream embrace. Look for at least one major U.S. or European bank to announce some kind of system where they either enable bitcoin purchases or agree to hold digital assets for their clients.

The value of bitcoin is not directly tied to any obvious real-world phenomenon such as fiscal or monetary policy, it can wholly appreciate or depreciate in ways that are hard to predict or even explain.

Whatever bitcoin might or not have accomplished in its decade of existence, it has totally forced a lot of big, global entities to think about providing an international digital currency.

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