What cryptocurrency to buy. Best options in 2021 Publisher's Description
Bitcoin is expected to depreciate early next year, which could be a lucrative investment opportunity. But there are other options 2020 has become one of the best years in the history of the crypto market. In addition to updating bitcoin's historical maximum value near $ 29 thousand and the massive arrival of institutional-level investors on the market, there were other important events. For example, the long-awaited launch of the zero phase of Ethereum 2.0 or the addition of PayPal for four cryptocurrencies at once. In addition to BTC and ETH, customers of the payment system can now buy, sell and store Litecoin and Bitcoin Cash. Over the past 12 months, the cryptocurrency market capitalization has almost quadrupled, to $ 764 billion. The total value of all altcoins, excluding bitcoin, has grown from $ 60 billion to $ 225 billion - more than 270%. But, despite such impressive dynamics, the expectations of the continuation of the upward movement in 2021 remain. According to the former analyst of investment banks Bear Stearns and JPMorgan Ton Weiss, next year, according to the most conservative forecasts, the rate of the first cryptocurrency may reach $ 100 thousand, and with a favorable development of events - $ 200 thousand and even $ 300 thousand.
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