Where we are and what`s ahead – SimpleFX summary of 2017

2017 was undoubtedly the year of cryptocurrencies. First and foremost, we experienced sharp price increases. Bitcoin rose by 1370% but impressive as this rate is, it is still quite modest in comparison with other popular coins such as Litecoin (5308%), Ethereum (9073%) or Ripple (35466%).
Secondly, and perhaps even more importantly, cryptocurrencies have been noticed by people outside the fintech community. It seems that we have reached a tipping point, after which they can no longer be ignored