April 28, 2024

Diginex predicts BTC rate will rise to $ 175,000 by the end of 2021

Diginex predicts BTC rate will rise to $ 175,000 by the end of 2021

Diginex CEO Richard Byworth said his organization's corporate strategyassumes that the target for bitcoin at the end of 2021 is $ 175,000.

An expert who runs a business from Singapore,stated that the key point of such a noticeable rise in the price of bitcoin may be that institutional companies not only consider investing in BTC as an experiment, but increasingly believe that they need to keep at least part of their portfolio in this financial instrument.

Another important point that I noticedByworth, is that global hedge fund managers are also increasingly making the decision to invest in bitcoins. In addition, those portfolio managers who previously focused more on bonds are now also willing to invest in bitcoins.

Finally, a number of investors are showing a clear desire toput Bitcoin in priority over gold in their investment strategies, which is especially supported by the fact that the return on investment in this precious metal is currently showing negative dynamics since the beginning of the year (-9.04%).

Investment companies in the US followthe moods of their clients. Thus, a recent study shows that of the funds that the American federal government allocates to support the population, about $38 billion can go into corporate shares, as well as into bitcoins.

Where is it more profitable to buy bitcoin? TOP-5 exchanges

For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.

The reliability of the site is primarily determinedtrading volume and number of users. By all key metrics, the largest cryptocurrency exchange in the world is Binance. Binance is also the most popular crypto exchange in Russia and the CIS, since it has the largest cash turnover and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

Rating of cryptocurrency exchanges:

# Exchange: Website: Rating:
1 Binance (Editor's Choice) https://binance.com 9.7
2 Bybit https://bybit.com 7.5
3 OKEx https://okex.com 7.1
4 Exmo https://exmo.me 6.9
5 Huobi https://huobi.com 6.5

The criteria by which the rating is set in our rating of crypto-exchanges:

  • Work reliability— stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
  • Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
  • Feedback and support– we analyze user reviews and the quality of technical support.
  • Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
  • Platform Features– availability of additional features — futures, options, staking, etc.
  • final grade– the average number of points for all indicators determines the place in the ranking.

Diginex predicts BTC rate will rise to $ 175,000 by the end of 2021

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