Cryptocurrency Trends in 2022

2021 has been a pretty good year for crypto enthusiasts. Since January, Bitcoin has gained almost 70%, and the entire market is now worth over 2 trillion US dollars. Important milestones have also been passed. Apart from the IPO of Coinbase, increased adoption by major banks and the approval of the first Bitcoin ETF have contributed to moving the industry forward.

In 2022, the use of crypto and blockchain in different domains, from gaming to healthcare, is expected to continue growing. Such solutions have already been implemented by healthcare providers, logistics companies, music sharing platforms, and other types of business. At the same time, regulatory scrutiny has intensified, and price fluctuations are causing concern.

Overview of the Most Likely Developments
In this we have discussed 13 most like developments that can occur in 2022, so below are the overview of all:-

1. Cryptocurrey market Crash or Boom?
Despite the positive annual dynamics, not everyone in the expert community is optimistic, and some pundits are voicing serious concerns. But what could affect Bitcoin deposits and withdrawals in the near future?

In November 2021, the price for one BTC skyrocketed to around $69,000. Then, it quickly rolled back to under $50,000, losing over 30%. According to the conventional wisdom of Wall Street, a fall of at least 20% indicates that the market has become bearish. Yet, the pioneering cryptocurrency is famous for its volatility, so is this logic applicable?

Source: https://www.cryptonewsz.com/cryptocurrency-trends-in-2022/