Cryptocurrency Predictions

Ongoing volatility, further progress on regulations and continued interest from institutional investors can be expected in 2021 – this according to South African cryptocurrency exchange, Luno. “Looking back at our predictions from last year – the Bitcoin halving happened without a hitch and the industry matured as institutional investors entered the market,” says Marius Reitz, GM for Luno Africa. “2020 was a proper stress test with Bitcoin hitting a low of around $5,000 in March and a high of $28,000. The new year is following the same trend with the price already reaching the $40,000 level.” Here’s a closer look at seven cryptocurrency predictions for 2021: /* custom css */ .tdi_3_da6.td-a-rec-img{ text-align: left; }.tdi_3_da6.td-a-rec-img img{ margin: 0 auto 0 0; } 1. Institutional inve...