Statistics of the week: crypto hype – only not in Germany

Source: Heise.de added 12th Jan 2021

  • statistics-of-the-week:-crypto-hype-–-only-not-in-germany

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At the end of last week a Bitcoin was temporarily over 40. worth US dollars – five times as much as Beginning 2020. But the hype has not really reached investors from Germany, as the infographic from Statista and Technology Review shows. According to this, only 5.2 percent of the respondents invested money in cryptocurrencies.

According to an overview from coinmarketcap.com, there are now over 4 of them. 000. However, around 2. 000 have already disappeared from the market.

Digital coins are therefore not necessarily a safe investment. In addition to Bitcoin, 35 other digital currencies have a market capitalization of over one billion US dollars.

Three-digit is also only Ethereum in second place. Even the rest of the top 5 coins – Tether, XRP and Litecoin – only reach a two- or single-digit billion amount. According to tagesschau.de, there are various explanations for the current boom.

Some blame the uncertain political situation in the USA, others believe that the hope of a strong increase in demand is driving the course. PayPal’s announcement that it will accept crypto currencies as a means of payment in the future could also play a role. (bsc)

Read the full article at Heise.de

brands: other  Strong  
media: Heise.de  
keywords: Bitcoin  Payment  Review  

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