We’re officially on a roller coaster now, regarding the Bitcoin (BTC) price. Its last All-Time-High (ATH) has been broken and, barely 12 days after, it’s surpassed other several important marks: $22k, $24k, $26k, and even (briefly) $28k. Bitcoin is running to $30k, but not without shaking in the process.

Its current price is around $27k and keeps shaking up and down, undecided. As indicated by Adam Back, CEO of Blockstream, now it’s possibly the turn for retail investors after the huge institucionální investice this year. Indeed, for him, the last rally in the price couldn’t be caused by closed-by-holidays institutions, but by people in front of their devices.

However, it’s worth mentioning that the multinational investment management firm BlackRock (often called the “world’s largest shadow bank”) will probably invest in Bitcoin and/or cryptos pretty soon.

Its current CEO, Laurence Fink, previously suggested that Bitcoin can rival the dollar as a reserve currency. And now they’re looking for a new “Blockchain Lead”, which might be considered as a crypto investment manager, according to nějaké zprávy. This would mean they’re aiming to jump into Bitcoin by the next 2021.

Meanwhile, the recent lawsuit against Ripple Labs can have something to do as well with the last Bitcoin rally. Experts like Adam Cochran, partner Cinneamhain Ventures, to předpokládají most of the panic-sold XRP ended up into Bitcoin, instead of fiat money.

Vzhledem k tomu, že cena XRP klesla o 50% poté žaloba announcement by SEC, that’d be a really great flow for the first cryptocurrency.

Bitcoin close to $30k, but not alt-season

While Bitcoin is having a great time with světlé předpovědi, that’s not the case for most altcoins in slumber or straight in red numbers. Maybe only Ethereum it’s the exemption, poprvé od roku 2018 dosáhla hranice $700 na jednotku.

Tether (USDT) se nemusí počítat, protože it’s a stablecoin. However, the STABLE Act, a bill proposed recently by U.S. Congress, isn’t great news for it. If approved, the issuing company would need to comply with complex and expensive requirements to keep operating with this asset.

XRP keeps going down. And currencies like Bitcoin Cash (BCH), Litecoin (LTC), Cardano (ADA), EOS, Stellar (XLM) a NEM (XEM) následují negativní příklad. jako pro Ekosystém DeFi, we can say it’s kind of stagnant lately. The last month has increased by 9%, but that’s compared with the previous 20%+ growth from November; podle DeFiPulse.

Bitcoin dominance is still around 69.3%, followed by Ethereum with barely 10.7% and Tether with 2.9% [CoinMarketCap]. At this rate, Bitcoin will probably reach the $30k mark before the year ends, but we only can wait to see the results.


Doporučený obrázek od kinkate / Pixabay


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I'm a literature professional in the crypto world since 2016. It doesn't sound very compatible, but I've been learning and teaching about blockchain and cryptos for international portals since then. After hundreds of articles and diverse content about the topic, now you can find me here on Alfacash, working for more decentralization.

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