{"id":2496,"date":"2020-10-24T06:10:03","date_gmt":"2020-10-24T06:10:03","guid":{"rendered":"https:\/\/afluxcoin.com\/10\/crypto-jumps-to-become-the-top-asset-of-2020-find-out-how\/"},"modified":"2020-10-24T06:10:03","modified_gmt":"2020-10-24T06:10:03","slug":"crypto-jumps-to-become-the-top-asset-of-2020-find-out-how","status":"publish","type":"post","link":"https:\/\/afluxcoin.com\/es\/10\/crypto-jumps-to-become-the-top-asset-of-2020-find-out-how\/","title":{"rendered":"Crypto Jumps to Become The Top Asset of 2020: Find Out How?"},"content":{"rendered":"<p>DeFi boom, wild market swings, and acceptance of top economies like China, Japan, South Korea, and the USA drove cryptos to the moon. The mania is not going to stop anytime sooner as gold has been outsmarted to give up the top portfolio investment slot to BTC, nice time to buy BTC with your debit card, perhaps. Most people have started seeing BTC as gold equivalent or even better than the yellow metal for long term investments. Bloomberg Galaxy\u2019s Crypto Index of digital coins shows a significant 66% rise in people\u2019s sentiment to investment in cryptocurrencies, in comparison to gold or other global stocks, that had shown just a 20% increase in portfolio preference. That said, it wouldn\u2019t be an understatement to say that cryptos have jumped up the ladder to become the top asset of 2020. The question to ask what has happened driving such bullish trends for cryptos in 2020. Let\u2019s just find it out!Why Are Cryptos Preparing for the Moonshots?Halvening Effect2020 will witness another Bitcoin halvening to come into force driving the demand. In the past, the halvening effects had pushed the BTC prices to the moon, wherein 2012, prices skyrocketed from US$10 to US$100, similarly, 2016 witnessed a 400$ rise in BTC. Such past trends anticipate that BTC will outsmart the gold, but most of the experts believe that demand-supply equilibrium shouldn\u2019t be the only deterministic aspect of the price. But the rule of thumb states that rare is a metal or a portfolio with respect to the demand, greater will be its value. That\u2019s what happened with BTC that had shown that even after halvening, the prices of BTC have risen in the past, incentivizing miners manifolds in comparison to past earnings. Another advantage is for the network to adjust the supply as and when\u2026<\/p>","protected":false},"excerpt":{"rendered":"<p>DeFi boom, wild market swings, and acceptance of top economies like China, Japan, South Korea, and the USA drove cryptos to the moon. The mania is<span class=\"excerpt-hellip\"> [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2497,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/posts\/2496"}],"collection":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/comments?post=2496"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/posts\/2496\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/media\/2497"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/media?parent=2496"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/categories?post=2496"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/tags?post=2496"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}