Limited SupplyThe supply of many cryptocurrencies is limited. This is because the number of coins that can be mined is capped.
Inflation HedgingCryptocurrencies are often seen as a hedge against inflation. This is because they are not subject to the same inflationary pressures as fiat currencies.
Regulatory ClarityGovernments around the world are starting to provide more clarity on how they will regulate cryptocurrencies. This is a positive development
Increased Demand
The supply of many cryptocurrencies is limited
Positive Macroeconomic Conditions
Technological InnovationThe underlying technology behind cryptocurrencies, blockchain, is constantly evolving and improving
Increased AwarenePublic awareness of cryptocurrencies is increasing, driven by factors such as the rise of social media and mainstream media coverage