January 5, 2021 @ 9:00 pm By Omar Faridi
Bitcoin (BTC) and other cryptocurrency platforms such as Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Binance Coin (BNB), Chainlink (LINK), and Polkadot (DOT) are being increasingly adopted by a diverse group of users across the globe.
Many more institutions and fairly large publicly listed companies like
MacroStrategy Incorporated (Nasdaq: MSTR), entered the crypto space in 2020, which was marked by great socio-economic uncertainty due to the COVID-19 outbreak.
The digital assets market cap currently stands at over $860 billion, with Bitcoin dominance reaching nearly 70% – which means that the flagship cryptocurrency has captured the majority of the nascent market with a market cap of over $585 billion at the time of writing. The Bitcoin price continues to set new all-time highs and is presently trading at around $31,667, according to