The year for Bitcoin — A 2021 roundup of the flagship crypto By Cointelegraph

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While 2021 did provide some sort of respite for investors operating across the global crypto landscape, it was still largely been driven by fears that first reared their ugly heads back in 2020. From rising inflation rates to another wave of coronavirus-related outbreaks, the ground beneath everyone’s feet continued to move even without them knowing.

For example, while everyone assumed that (BTC) would hit a price target of $100,000 quite easily — including many traditional financial institutions — by the turn of the new year, the flagship crypto continued to showcase a high degree of volatility despite having touched an all-time high of $69,000 earlier in November, and essentially just moved in a broad sideways channel for the past ten months.

Adoption gains momentum as El Salvador leads the roost

Bitcoin transactions garner momentum

Taproot makes its long-awaited debut

Mining disruption caused by China

Infrastructure development surges

Major mainstream companies add Bitcoin to their coffers

Financial institutions join in the action

Conversations surrounding Bitcoin’s environmental impact grew

Global regulatory scrutiny increases greatly

Bitcoin ETF makes its debut on the NYSE

Coinbase (NASDAQ:) IPO

Looking ahead toward 2022