Ruben Merre: How Crypto Adoption Has Evolved Since the April Market Top
25/08/2021 – 08:48
In mid-April bitcoin achieved a fresh all-time high of $64,805, scarcely a year after plunging below $4,000 during the worst stock market sell-off since 1987. Ethereum, meanwhile, hit its own ATH of $4,196 a month later.
While it’s fair to say the crypto hype machine has died down a little since then, adoption has continued at an encouraging pace, buoyed by rising institutional interest, NFT mania, and falling barriers to entry. Here are 4 of the most important signals since the spring market top.