Bitcoin surged to new heights in 2021 as companies like Tesla and Mastercard began turning to crypto. But with revolving regulators, the forward currents can be jerked.
Bitcoin is the talk of the financial world.
The world’s largest cryptocurrency starts 2020 at $9,000. As time went on, bitcoin’s value skyrocketed, skyrocketing to an all-time high above $68,000 in November 2021.
Major companies from Tesla to Mastercard have jumped into the market, fueling a bull run in bitcoin and other tokens like ethereum and solana.
Bitcoin has matured from a virtual currency used by criminals to an asset accepted by Wall Street companies. Many investors now liken the cryptocurrency to gold, believing that it provides a store of value similar to the precious metal.
But as regulators begin to take a closer look at cryptocurrencies and the volatility raging in the market, whether bitcoin will be able to continue its stellar day looks increasingly uncertain.
So what’s next for bitcoin? Watch the video above to find out what the future holds for the #1 cryptocurrency.
