FXTM information and reviews
FXTM
93%
IronFX information and reviews
IronFX
92%
Libertex information and reviews
Libertex
91%
FXCC information and reviews
FXCC
90%
Markets.com information and reviews
Markets.com
89%
FxPro information and reviews
FxPro
88%

Deep Dive Into The Current Cryptocurrency Market Trend


The cryptocurrency market is always on 24 hours a day, seven days a week. It never sleeps, takes a day or weekend off - not even on holidays like Christmas. The digital asset class enables a globally connected market like never before, both being a blessing and a curse to traders and investors. Because of how fast paced the market is, trends are rapidly changing as each cryptocurrency evolves within the financial space.

Being speculative assets, cryptocurrencies are subject to extreme shifts in sentiment that result in the digital asset class’s notorious hallmark volatility. But it is that same volatility that makes cryptocurrencies like Bitcoin, Ethereum, Litecoin, and others so attractive in the first place.

It is that type of volatility that is responsible for the life-changing wealth these assets can generate, but it is a double-edged sword that depending on the trend can also wipe out capital in a flash.

Introduction: What’s New In Crypto Trends For 2021?

Bitcoin as the most dominant cryptocurrency being back in a bull market has caused all other cryptocurrencies to perform in the positive since. Ethereum, as the top ranked altcoin that is integral to the DeFi explosion of 2020, also had an incredible year. Most importantly, cryptocurrencies finally became widely adopted by hedge funds and large wealth institutional investors who are investing millions of dollars of cash reserves in Bitcoin.

This guide offers a deeper look at the current trends taking shape across the crypto market today in 2021. But first, let’s look back at what happened in 2020, and how these developments are still evolving from there.

2020 Trending Cryptocurrencies Remembered

Here’s What’s New For 2021 In Cryptocurrency Trends

What To Expect For The Rest Of 2021 Cryptocurrency Market Trends

What To Expect Beyond 2021

Summary: Recapping Cryptocurrency Market Trends For 2021 And What Lies Ahead

Crypto markets are always changing, as history has shown. One minute, things are in a full blown bull market, but in a blink can turn bearish for years to come. The one way to be ready for everything is to register to PrimeXBT and trade the trending cryptocurrency Bitcoin now, so you can be ready for when the reversal comes and another bear market is here.

Crypto Market Trends FAQ: Commonly Asked Questions About Crypto Trends

Which Cryptocurrency Will Rise In 2021?

Bitcoin and Ethereum are almost certain to rise in 2021. However, all cryptocurrencies are speculative assets and there’s no way to tell for sure what might happen, which is why trading is best.

Will There Be A Cryptocurrency Bull Run In 2021?

There already is a cryptocurrency bull market in 2021, and it should keep going throughout the year until the bear market starts in 2022.

Will A Bear Market Follow In 2022?

Given the repeating four year cycles in crypto markets, another bear market is right around the corner.

Which Crypto Will Survive?

Bitcoin and Ethereum are bound to survive. And because Litecoin, EOS, and others have also survived past bear markets, there’s no reason to assume they won’t withstand another.

Can Crypto Make You Rich?

Crypto has made a lot of people a lot of money, and will continue to do so. People also lose money in crypto, so be careful.

How To Understand Cryptocurrency Trends?

Understanding crypto trends is easy. If the number is increasing regularly, it’s a bull market. If it’s going down, it’s a bear market.

#source

Related

Everything you Wanted to Know about Dogecoin
Everything you Wanted to Know about Dogecoin

Sometimes, the best things in life start as a joke, and Dogecoin is not an exception. Initially created as a joke in December 2013, based on the popular Doge meme of a Shiba Inu dog...

Advantages Of Using VPS for FX Trading
Advantages Of Using VPS for FX Trading

VPS is short for a virtual private server and it’s widely used for trading in the financial market. The VPS hosting service will be especially useful for traders who prefer...

Can you make money with crypto arbitrage?
Can you make money with crypto arbitrage?

Crypto arbitrage is the practice of and methodology behind taking advantage of price fluctuations in the price of various cryptocurrencies, such as Bitcoin or Ethereum. These variances...

Investment in Securities: Where to Start?
Investment in Securities: Where to Start?

Despite the fact that most people find trading on the stock exchange very confusing and incomprehensible, almost anyone can start investing in securities

How to Trade Forex on News Releases
How to Trade Forex on News Releases

A great advantage of trading currencies is that the forex market is open 24 hours a day, five days a week. Markets move because of news, so economic data...

Libertex: Dash Price Prediction for 2021-2025
Libertex: Dash Price Prediction for 2021-2025

At one point, investments in Dash were highly profitable. Many traders received significant gains from the Dash cryptocurrency when the price action surpassed the $1,500...


Editors' Picks

OctaFX information and reviews
OctaFX
86%
HotForex information and reviews
HotForex
85%
XM information and reviews
XM
80%
FXCM information and reviews
FXCM
79%
Vantage FX information and reviews
Vantage FX
78%
Moneta Markets information and reviews
Moneta Markets
77%

© 2006-2021 Forex-Ratings.com

The usage of this website constitutes acceptance of the following legal information.
Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website (reviews, brokers' news, comments, analysis, quotes, forecasts or other information materials provided by Forex Ratings, as well as information provided by the partners), including graphical information about the forex companies, brokers and dealing desks, is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the forex companies. The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff.
We use cookies to improve your experience and to make your stay with us more comfortable. By using Forex-Ratings.com website you agree to the cookies policy.