From a bitcoin crash to regulatory crackdowns: Analysts give their top predictions for crypto in 2022

[MongiIG]

All things considered, bitcoin has had a pretty good year. The digital currency is up nearly 70% since the start of 2021, driving the entire crypto market to a combined $2 trillion in value.

It’s a year that’s seen the first major crypto company go public with the debut of Coinbase in April, increased participation from Wall Street banks like Goldman Sachs, and the approval of the first U.S. exchange-traded fund linked to bitcoin.

 

However, heightened regulatory scrutiny and intense price fluctuations have dampened bitcoin’s prospects lately. And experts warn the market could be heading toward a downturn.

With next year already looking like another rollercoaster period for digital currencies, CNBC takes a look at analysts’ biggest predictions.

https://www.cnbc.com/2021/12/22/top-predictions-for-crypto-in-2022-from-bitcoin-crash-to-regulation.html