Predictions for Crypto Industry in 2022 – What Will Change?

December 22, 2021 Blockchain

The crypto and blockchain industry has made numerous headlines over the past year. 2021 was truly an amazing year for the crypto trading market and the long-awaited and anticipated mainstream adoption seems to be closer than ever before.

There have been numerous positive developments for the crypto industry around the world. For example, El Salvador adopting BTC as the legal tender in the country has made numerous headlines in 2021.

This was a very important step towards the future development of the whole crypto industry, helping bitcoin to become more legit than ever before. Due to the amazing performance of cryptocurrencies in 2021, many have started thinking about the possible direction the crypto industry will be taking in the upcoming year.

The price of bitcoin managed to reach the highest price-points twice this year, making numerous headlines. First, the price of BTC increased in the first half of the year, trading over $64,000 per bitcoin. Another important development for BTC was in November when it hit another all-time high of over $68,000 per bitcoin.