The bitcoin price rocketed into 2021, soaring to around $65,000 per bitcoin before crashing back to $30,000 in July.
Alongside bitcoin’s rally, ethereum has also charged higher, surging amid widespread adoption of ethereum-based decentralized finance .
Ethereum’s growing list of use-cases, combined with a hotly-anticipated upgrade that is reducing supply and that developers hope will improve efficiency and scalability, has sparked predictions it will continue to outperform bitcoin.
I have covered the rise of bitcoin and cryptocurrency since 2012 and have charted its emergence as a niche technology into the greatest threat to the established financial system the world has ever seen and the most important new technology since the internet itself.