An eventful year 2021 says goodbye; a year that was once again primarily characterized by Covid-19, fiscal aid packages, a still very generous central bank policy, as well as emerging rising inflationary tendencies in many countries. However, it was also a year of increasingly established cryptocurrencies and their underlying blockchain technology.
Cryptocurrencies had another record year in 2021 with annual highs or all-time highs especially in November. Bitcoin (BTC) as a crypto “blue chip” recorded an increase of around 80% since the beginning of the year, Ethereum (ETH) as the most prominent “altcoin” recorded an increase of 320% compared to gold -6%, S&P500 +28% or SMI +22%. As a result, the market capitalization of all crypto stocks also continued to rise and was able to exceed the two trillion dollar mark.
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