There are at least five crucial reasons for the rise in cryptocurrency prices. Halving, crisis, and dollar problems – these are some of the things that will influence the situation on the cryptocurrency market.
The previous year has brought substantial profits to many Bitcoin holders. Since January, the coin has risen in price by 45%. And if we compare it with the March 2020 situation, when the price of BTC fell to $3,800, the price has increased by 176%. The next year is expected to be even more successful for investors. Well-known representatives of the industry expect that the rate of the main cryptocurrency will continue to rise.
What Can Impact the Situation?
There are some key influencers that can drive the situation: