online gambling singapore online gambling singapore online slot malaysia online slot malaysia mega888 malaysia slot gacor live casino malaysia online betting malaysia mega888 mega888 mega888 mega888 mega888 mega888 mega888 mega888 mega888 3 key ways 2021's Bitcoin bull run may differ from 2017's

摘要: Bitcoin price has overtaken its 2017 high, but should investors expect the top-ranked altcoins to do the same?

 


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▲圖片標題(來源:cointelegraph)

After a rather lengthy wait, Bitcoin price is finally back to the same price range it was in 3 years ago. Back in 2017, when the Bitcoin (BTC) price peaked near $19,900, most altcoins also posted 200% or higher weekly gains.

Fast forward to the present time, and BTC's $19,100 price is virtually identical to where it was on Dec. 17 2017. One might think that not much has changed, despite some altcoins crashing, but that couldn't be more distant from the truth.

A lot has changed in the cryptocurrency sector, and compared to 2017, a significant amount of necessary infrastructure has been built.

Today there are tightly regulated derivatives offered through CME and CBOE futures contracts launch, and the rapid growth of institutional investors is providing an unending source of demand for Bitcoin.

A new host of multi-billion dollar market cap Decentralized Finance (DeFi) platforms have also emerged. They support a new system of lending, synthetic swaps, and interest-earning systems for a whole new set of investors.

Compared to 2017, there is a wealth of easily accessible data related to price and market capitalization ranking. This should help investors better understand how today's market differed from the market in 2017.

We can better understand how the cryptocurrency market may look in a couple of years by analyzing the differences.

詳見全文: cointelegraph

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