Written by

Bendik Norheim Schei

Head of Research

Archived Articles

29 Mar 2021

The best Q1 in 8 years for bitcoin?

Source: NYDIG

Bitcoin is currently climbing towards $60,000 again after a few weeks of sideways price action. It’s easy to forget the magnificent ride we have been witnessing over the past year. Bitcoin is up more than 1,000% from the March 2020 lows, and both institutional and retail demand has never been more present than what we have seen in this first quarter of 2021.

Source: cryptowat.ch, messari.io

Bitcoin is currently climbing towards $60,000 again after a few weeks of sideways price action. It’s easy to forget the magnificent ride we have been witnessing over the past year. Bitcoin is up more than 1,000% from the March 2020 lows, and both institutional and retail demand has never been more present than what we have seen in this first quarter of 2021.

Source: cryptowat.ch, messari.io

Many altcoins show promising gains at the moment, and speculations on an “altseason April” have already started to appear in the crypto community.