As we have almost witnessed everything regarding Bitcoin and Ethereum whose values have crossed the highest roofs, then crashed and then surged again.
The year 2021 has proven to be a boon for cryptocurrency. The cryptocurrency ecosystem has seen a new phase. If we go with the last six months, the crypto economy experienced many milestones.
If we go in the past, there was no name like cryptocurrency. But the birth of Bitcoin in 2009 has sparked a digital revolution. This revolution was so strong that if we go with the facts, the number of active cryptocurrencies around the world jumped from 1600 to over 3000 in the last year.
The crypto marketplace is still in a growing phase and is full of volatility. But for investors who can navigate it well, abundant opportunities are there. The keys to deal with crypto volatility are more accessible than your imagination.
Everyday we come across some news about the Cryptocurrency Marketplace and today the whole cryptocurrency industry is going to witness a new phenomenon. As we already know the fact that cryptocurrency has always been decentralized in operation where no government authority has had direct control over it since its beginning.
Digital currencies have literally grown so far since its first introduction in 2009 and are going widespread day by day as the adoption keeps on increasing. Because of this level of expansion, even the common people have started taking interest in the digital currencies’ markets.
If you are a rational investor and have a great interest to invest in and moreover know about the digital coins then you have reached the right place.
The popularity of cryptocurrencies has increased very suddenly over the time which has literally helped them grow in value significantly, making them attractive as well.
Within a short span of time, NFT has shown tremendous growth. If we consider the last six months of the year 2021, the total sales volume of NFTs has crossed $2.5 billion. If we compare this volume with the year 2020, it was limited to $13.7 million.