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29.12 - 15:53
How Global Economy Might Affect Bitcoin, Ethereum, and Crypto in 2022
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The crypto market has had one of its best years on record, and it largely has the global macroeconomic environment to thank for this. With inflation rising and interest rates historically low, those of us fortunate enough to have savings have looked for somewhere more profitable than a bank account to keep them.
At the same time, institutional investors have also been led by the same basic motivations to convert portions of their portfolios into cryptoassets, another big reason why we saw numerous all-time highs over the course of 2021. However, for 2022, economists and analysts say that we may see inflationary fears receding as the global economy stabilizes.
Analysts also expect to see rising interest rates at some point next
Read more on cryptonews.comAbout this in other media
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