The supply of many cryptocurrencies is limited. This is because the number of coins that can be mined is capped.
Cryptocurrencies are often seen as a hedge against inflation. This is because they are not subject to the same inflationary pressures as fiat currencies.
Governments around the world are starting to provide more clarity on how they will regulate cryptocurrencies. This is a positive development
The supply of many cryptocurrencies is limited
Positive Macroeconomic Conditions
The underlying technology behind cryptocurrencies, blockchain, is constantly evolving and improving
Public awareness of cryptocurrencies is increasing, driven by factors such as the rise of social media and mainstream media coverage
Cryptocurrencies can be used to diversify an investment portfolio. This is because cryptocurrencies are not correlated to traditional financial markets.