2020 has been a big year for crypto, with a lot of positive development. Apart from the growing adoption — particularly among the institutional investors, where the interest has never been higher — the crypto sector saw numerous improvements.
On Monday's trade, Bitcoin scaled to a fresh high of $24000 mark, before paring some gains. Earlier on December 17, the digital token moved past levels of $23000 for the first time.
2020, giving it a year-to-date increase of 224% and an all-time history increase of nearly 500,000% on the Bitstamp exchange.
Bitcoin proved its usefulness in times of crisis, fairing better than any other asset during the COVID-19 pandemic.
The Global Cryptocurrency market size in 2018 was 830 million dollars and is anticipated to grow exponentially by 2025, with a 5.25% CAGR in 2018-2025.
A new, comprehensive analysis has predicted the price of bitcoin will keep rising to almost $400K by 2030. The researchers have also predicted the future prices of several other major cryptocurrencies, including bitcoin cash, ethereum, and litecoin.
https://news.bitcoin.com/bitcoin-price-20k-2020-398k-2030/
Get ready for the Digital Decade!
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