The Big Crypto Winners of 2021

Crypto investors look back on a year of ups and downs. Many investments paid off. Bitcoin and Ether aren’t the best.

Crypto investors have seen two record runs this year and have faced recurring regulatory fears. Until the beginning of May, as measured by the Bloomberg Galaxy Crypto Index, which tracks the development of the largest crypto currencies, prices had consistently reached new highs in the spring. But from the record level that had been reached, prices fell sharply and abruptly because of fears of greater regulation – mainly from China. From its peak in May to its low point in mid-July, the Bloomberg Index alone lost 57 percent of its value.

After China stepped up its pace towards cryptocurrencies – trading and mining were completely banned – and the smoke subsided, a new upward trend began. Despite the September correction, this rise lasted until the beginning of November. New regulatory fears coming from the USA and increased volatility on the stock markets have since corrected the crypto currencies from the new record level.