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The Year of Bitcoin: Here's Why Bitcoin Will Be the Most Popular Cryptocurrency in 2021
By Swarnali Saha
Bitcoin, the largest and oldest cryptocurrency, is generating news for a variety of reasons, ranging from analysis of the digital currency's future to those concerned about its high electric power consumption and volatility.
Bitcoin had a record-breaking year in 2021, smashing it's previous all-time high and adding over $545 billion to its market value. According to The Block, the overall crypto market capitalization achieved a record $3 trillion after recrossing $1 trillion in January and $2 trillion in May, with crypto assets achieving new market price highs.
As we reach the close of the, we've compiled a summary of all the major events that helped Bitcoin become the world's most popular asset.