This year has been a wild ride for anyone invested in, or even just watching, the bitcoin market. The world’s most valuable virtual currency in December traded at more than $23,000.

When the U.S. first began grappling with Covid-19 in early March, Bitcoin was below $4,000. For owners or sellers, it’s a gut-twisting source of gains and losses. For those (like me) on the sidelines, it’s an entertaining market show, with tinges of jealousy and dizziness.

Despite that tremendous bitcoin price fluctuation — in a generally upward direction — 2020 was also a year of relative maturity for a currency that, after all, has only been trading for a decade. From my perch as editor of FIN, a fintech newsletter, here are what I see as the crucial bitcoin trends in 2021:

1. More mainstream acceptance

2. Competition from Big Tech

3. Competition from central banks

4. A new regulatory playing field

5. Continued volatility

(Excerpt) Read more Here | 2020-12-22 07:59:00
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