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Bitcoin and Ethereum Growth in 2021: New Records and Increased Exchange Users

Bitcoin and Ethereum Growth in 2021: New Records and Increased Exchange Users

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by Giorgi Kostiuk

4 hours ago


The year 2021 has been pivotal for cryptocurrencies like Bitcoin and Ethereum, which are experiencing growth. Bitcoin remains stable above $30,000, while Ethereum shows a new record.

Bitcoin Statistics and Holders

Bitcoin's price remains above $30,000, contributing to an increase in its holders. According to data, there are over 100 million Bitcoin addresses, marking a significant milestone for the cryptocurrency.

Ethereum and DeFi Applications Growth

Ethereum is also showing strong results, achieving a new record by surpassing the $2,000 mark. This surge is largely attributed to the rising popularity of decentralized finance (DeFi) applications built on the Ethereum blockchain.

Growth of Users on Binance and Coinbase Exchanges

Meanwhile, the cryptocurrency exchange Binance has garnered attention due to its rapid growth. The platform reported a 346% increase in users, with over 13.5 million new users joining in the first quarter of 2021. This growth is attributed to the increasing interest in cryptocurrencies and the exchange's proactive marketing strategies. Coinbase also saw a significant rise in users following its public listing.

The year 2021 showcases impressive achievements in the cryptocurrency world, marked by the growth of Bitcoin and Ethereum, as well as a notable increase in users on major cryptocurrency exchanges.

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