The appreciation of Bitcoin and Ethereum in 2021 was astounding. Investing in cryptocurrency has made huge profits in 2021.
2021 was a very good year for investors in Bitcoin or Ether. Globally, a value increase of at least 400% has been achieved, reports the cryptocurrency data platform analysis†
Investing in cryptocurrency
Bitcoin appreciation rose 60% last year to $46,300. Ether, the currency of the Ethereum blockchain platform, has seen a staggering 400% increase in value, and it is clear that the end of 2021 at $3,650 is on the rise.
November in particular was the best month for both cryptos. Bitcoin then peaked at $69,000, and Ether briefly reached $4,878. In December, the exchange rate for both currencies fell again.
Cryptocurrency investors in the United States in particular benefited from this appreciation. By country, the US estimate was by far the largest at $47 trillion, much larger than China, Japan and Germany. In the UK, the vaults were worth over $8 trillion.
In many countries, it is now the case that the increase in the value of the vault is greater than that of the traditional economy. It looks like the first months of 2022 will be a lot quieter at the moment compared to last year. We haven’t yet seen any dramatic increases in value in these early months. Excited to see what the rest of the year will bring!
