After the year 2021 passed quickly and only a few days remained, and by taking a quick look at the price of Bitcoin and Ethereum, we find a significant growth and rise for both assets that does not appear from a short view point.

2021 was one of the beautiful years on the crypto market, if not the best.

A major event was the approval of the first Bitcoin futures ETF in the US, the NFT industry grew further into the mainstream and Bitcoin broke a new record high at $69,000.

Bitcoin during the year:

On this exact day last year, Bitcoin is trading at around $24,000, the price before another 40% rally that gave Bitcoin a new high of the period at $42,000.

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Immediately after reaching the new maximum, bitcoin tumbled nearly 30%, which some traders saw as the end of the rally and the beginning of another correction period that could last two or even three years.

But unfortunately for the bitcoin bears, the rally has continued to show an additional 110% growth in less than three months.

Bitcoin broke a new major resistance of $65,000 to reach a new record high at $69,000.

Now Bitcoin is trading below $50,000, which some traders consider a major support area and above which most of the market is still profitable.

Meaning that the price of Bitcoin between December 2020 and December 2021 increased by 107%.

Best year in Ethereum history:

While some may marvel at the amazing growth of Bitcoin above, but looking at the performance of Ethereum, the performance of Bitcoin shows nothing in front of it.

Where the performance of Ethereum outperformed Bitcoin in terms of rising to new highs at high rates.

Ethereum increased from $680 in December 2020 to $4,020 in December 2021, a 491 percent increase.

The rise of Ethereum has been supported on three different fronts:

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• Introducing a fee-burning mechanism that would make Ethereum a deflationary asset.
• The NFT frenzy that fueled the burning process.
• And the increasing popularity of DeFi required users to buy more Ethereum to take advantage of decentralized solutions.

All of these factors and other use cases position Ethereum to become one of the strongest assets of all time in terms of annual returns.

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