Why Cryptocurrency Was The Biggest Topic of the Year 2021

Marius Reitz, Luno’s GM for Africa, provides an overview of the important milestones for cryptocurrency during the year.

By Marius Reitz

The world of crypto in 2021 was buoyed by a number of high-profile institutions and businesses investing in crypto at a far greater scale than previously seen, driving crypto’s evolution into what is now a multi-trillion-dollar asset.

Bitcoin and Ethereum, the two largest cryptocurrencies by market cap ($906 billion and $465 billion respectively, as of December 13), recorded new all-time highs and El Salvador became the first country to adopt crypto as legal tender.