2022 is coming in hot, and with just a few months to go, now is your chance to get ahead of the game. Investing can be risky, and unless you know exactly what’s happening in every aspect of the market, you cannot be guaranteed of any success.
The best way to stay on track is to keep informed about all the happenings within your preferred marketplace. Whether you are looking at investing in stocks or cryptocurrency, knowing the up-and-coming trends could help you make the winning move.
With that being said, The Bitcoin Stip has once again brought the heat, with a list of all the trends for crypto in 2022.
The last 12 months have been a tumultuous time, and a lot has happened within the financial or political realm. One of the most intriguing is the activity within the cryptocurrency scene. In the last year, cryptocurrencies like Bitcoin, Ethereum, Dogecoin, Litecoin, and a few others have managed to hit their record high.
In November of 2021, BTC hit its whopping market peak of more than $68,000. This growth brought huge returns for those invested, as well as piquing the interest of those looking to get involved.
Another example of massive growth is Ethereum hitting its record high in November of 2022, with a 4% surge in just 24 hours, reaching a value of $4,700. Dogecoin also experienced massive growth, with a record high hitting in may of 2022. In 24 hours, Dogecoin grew 41%, one of the most significant growth shown by cryptocurrency, hitting a buying value of $0.68.
Here is a table of some lesser-known cryptocurrencies that have shown exponential growth in the last 12 months.
Staying in the loop with the cryptocurrency prices is essential, and if you are invested in any option, we would recommend making sure you know what the selling price is at any given time.
For those interested, The Bitcoin Strip has listed all the most well-known cryptocurrencies prices at the top of the screen and is kept up to date in a live manner. Another way to stay in the loop with the Bitcoin price is to pick a wallet or exchange site that gives you live updates on the price and market activity.
2022 seems like a year in the far future, but with the madness of the last two years, we are here, and it looks like things are about to heat up in the crypto scene. Although Bitcoin is still leading the way, many other cryptocurrencies have come about, and many have shown promising growth.
One of the best predictions for crypto is that central bank digital currencies could make an appearance. This is huge for the market, giving users a scene of security in their investments. With central bank digital currencies coming into play, it could ease users’ minds going big.
Another up-and-coming trend is the integration of stablecoins, with more starting to make an appearance. The most well-known stablecoin currently is USD Tether (USDT) with has a market cap of $76 billion, followed by USD Coin, which holds a market cap of $41 billion.
Another promising sign for 2022 is the adoption of institutional integration. This means that corporate treasurers and institutions will start with integrated options like BTC-linked ETFs and other interesting opportunities.
Another institutional support option is the offer of Grayscale Bitcoin Trust, which allows users a vehicle to invest without worrying about security or ownership issues. As the trend of cryptocurrencies picks up, so will the safety nets put in place to protect users and intrigue more to join in.
Cryptocurrency continues to expand and with a prediction of more than 50 options being on the market by the end of 2022, now is your chance to get involved. Right now, BTC may hold a considerable percentage of the market, but that doesn’t mean there isn’t a more affordable option to pick from.
Get set up in 2022 and join the future of finance. Join an exchange or e-wallet and get your hands on a digital cryptocurrency that works for you. If you need more insight, check out The Bitcoin Strips site for articles on all the latest happenings in the market.
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