The chaotic start of the year for Bitcoin and the crypto market

Posted on Jan 12, 2021 4:22 PM

Under the influence of intense speculative buying, the crypto market is experiencing a chaotic start to the year. Bitcoin is up 23% since the start of the year, but the increase is far from linear. In less than two weeks, its price has gone between $ 29,000 and $ 42,000. But for once, it’s not common that it is no longer Bitcoin that is leading the dance in the crypto market. In 2021, it is even earlier. While cryptos haven’t surpassed their previous highs from late 2017 to early 2018, the gains are impressive. Ether in particular benefits from this speculation. It’s grown 51% since the start of the year. The Bloomberg Galaxy Index will gain 35% as early as 2021.

100.000 US-Dollar im September

100.000 US-Dollar im September

The chaotic start of the year for Bitcoin and the crypto market
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