TradingView: Bitcoin becomes the second most popular asset in the US after Tesla shares

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3 years ago

TradingView, an information portal for traders, has published statistics according to which Bitcoin has become the second most popular asset in the United States after Tesla shares.

The Trading View article notes that users of 31 US states have followed Tesla shares the most. Bitcon is most often searched for in the states of California, Washington and Oregon:

"The West Coast states love cryptocurrencies the most."

Both of the most popular assets have shown significant growth in 2020. Moreover, if Bitcoin rose 60%, then Tesla shares jumped 280%. At the beginning of the year, one share of Tesla was worth $ 430, and by the end of last week the shares are trading at $ 1,650.

The third most popular asset on TradingView is Boing. At the same time, the authors of the article emphasized that the COVID-19 pandemic had a strong impact on the air travel industry, which led to increased volatility in stocks in this area. Increased volatility always leads to a surge in the interest of traders and investors.

It is also interesting that Apple shares, although they enjoy a certain popularity, did not become the leader in this indicator in any state. Moreover, since the beginning of the year they have shown an impressive growth of 53%.

Recently, analysts of the Kraken cryptocurrency exchange published a report according to which they expect the rate of the first cryptocurrency to rise from 50% to 200% in the coming months.

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