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Top 3 cryptocurrency trends in 2021

There is an increasing interest in cryptocurrencies among market participants. Digital assets are in the focus of major investors. That is why the largest virtual currency, bitcoin, is breaking records. Other crypto assets are following suit, giving investors hope for high profits. Experts note three key trends in the cryptocurrency sphere that are relevant this year

Top 3 cryptocurrency trends in 2021

Crypto trading

Nowadays, this is the most popular strategy which opens up great opportunities for traders. Many market participants buy a cryptocurrency when it is losing in value and sell when it is rising. The current strategy is becoming more effective thanks to the use of crypto trading platforms.

Top 3 cryptocurrency trends in 2021

Cryptocurrency cards

In 2021, global payment systems such as Mastercard, Visa, and PayPal will compete for the attention of crypto users. Some of them are just taking their first steps in this regard. For example, Mastercard offers customers cards that will allow users to store coins and conduct secure transactions with them. In January 2021, Visa reported the development of systems that would enable users to buy crypto assets, cash them out, and then make a fiat purchase. PayPal also added a new service allowing users from the United States to buy, sell, and store a number of cryptocurrencies in their wallets. This will make it possible to instantly convert digital assets to traditional currencies.

Top 3 cryptocurrency trends in 2021

Investment in digital assets

The way of investing in digital assets without buying them is considered the third important strategy of the crypto market. According to analysts, this trend has proved to be successful. Many companies that had invested in cryptocurrencies made a good profit. Experts recommend paying attention to the stocks of those companies that buy digital assets. In this way, they attract new customers, while boosting their own capital. For example, the stocks of MicroStrategy, a leading worldwide provider of software platforms, have soared by more than 200% after purchasing over 71,000 BTC.

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