3 key ways 2021’s Bitcoin bull run may differ from 2017’s By Cointelegraph


3 key ways 2021’s Bitcoin bull run may differ from 2017’s

After a rather lengthy wait, the (BTC) price is finally back to the same price range it was in three years ago. Back in 2017, when the Bitcoin price peaked near $19,900, most altcoins also posted 200% or higher weekly gains.

Fast forward to the present time, and BTC’s $19,100 price is virtually identical to where it was on Dec. 17, 2017. One might think that not much has changed, despite some altcoins crashing, but that couldn’t be more distant from the truth.

Crypto market data daily view. Source: Coin360
Top 24 cryptocurrencies in December 2017. Source: CoinMarketCap
Top 24 cryptocurrencies in Dec. 2020. Source: CoinMarketCap