Cryptocurrencies in 2022: What will happen to the crypto market

Bitcoin rate in 2022 may increase from $56.2 thousand to $86 thousand. However, after a significant growth, it is expected to stabilize around the marks of $41-62 thousand. In this case, Ethereum is likely to grow faster than the first cryptocurrency and will be able to earn more money on it than on bitcoin.

This forecast was voiced by the chief cryptocurrency strategist from TomiEx. Overall, the forecast for bitcoin in 2022 is optimistic. Most likely, the rate will be in the range of $41-62 thousand.

“Higher price levels are very likely to be reached – this is the mark of 72 thousand, and 86 thousand dollars per coin, but after the jump in price to such levels, we expect fixation of profit and a rollback of the price down into the range of 41-62 thousand dollars,” – said the expert.

Profits from bitcoin transactions will be taken out in other cryptocurrency projects. Among the factors affecting bitcoin, the main is the regulation of the sector in the world as a whole.

Which cryptocurrencies in 2022 will be the most promising

The most promising cryptocurrencies in 2022 are those that will lead the list in terms of capitalization. “We are now talking about predictions for that part of the population who wants a universal investment secret on the crypto market. So leading the list by capitalization is a reason to buy this or that currency,” the expert explains.

Now it is Ethereum, Litecoin, Ripple, Solana, Cardano, Polkadot, Dogecoin. It is difficult to keep track of speculative sentiment in the market throughout the year, but it will be easier to buy and earn on the rise in price if you invest in generally recognized cryptocurrencies.

Ethereum may have a faster growth rate than bitcoin, as the currency has been actively strengthening its market position over the past two years due to its growth potential. Interest in Ethereum today is fueled by the launch of Ethereum 2.0, which is expected to be completed by the end of this year.

Note, bitcoin’s value can fluctuate significantly in either direction. That said, it is not recognized as a means of payment in many countries, and no one can guarantee that its value will not fall. Any investor who decides to buy a cryptocurrency assumes the risk of losing some funds.