Over the course of 2020, eToro sized up significantly, as Assia explained: “We’ve grown more than 147% year-over-year revenues,” he noted. This year rolled in with mainstream and crypto bull markets in full swing, in tandem with “the biggest discussion we’ve seen in human history around the intersection of social media and investment platforms” — all bubbling together to form what Assia labeled as “a perfect storm.” He added:
Bitcoin (BTC), as well as the rest of the crypto market, posted a standout year in 2020 after quickly recovering from a significant price decline around the same time as rising COVID-19 concerns in March 2020. Mainstream markets also rallied in 2020, but Bitcoin picked up steam late in the year, breaking its 2017 record high in December before continuing significantly higher. So far, 2021 has seen a continuation of the mainstream and crypto bull markets.
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