For the past few weeks, the increase in Bitcoin’s price has led to a massive interest in cryptocurrency trading. eToro has been overwhelmed by new registrations and has decided to temporarily raise the minimum deposit from $200 to $1,000. Although 2021 has barely gotten started, it promises to be an exciting time to invest in cryptocurrencies. In December 2020, Bitcoin’s price surged beyond its previous record, and, at the time of writing, it is hovering around the $41,000 mark. This has led to thousands of new investors joining online cryptocurrency trading platforms. One of the world’s largest platform, eToro, announced on Friday that they were confronted with an “unprecedented demand” for their services. So as to ensure that all new and current users retain uninterrupted service, the platform decided to temporarily raise minimum deposits from $200 to $1,000. This announcement was originally made on their Twitter page and follows days in the new year where eToro witnessed over 40,000 new registrations per day. It is not yet clear how long this increase will last, but it is likely to stay in place whilst the FOMO experienced by retail traders continues. Nevertheless, eToro confirms that even with this surge in registrations, its quality of service will not be affected.