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Cryptocurrency prices in 2022.. These are the expectations of experts for Bitcoin and Ethereum

Video duration 02 minutes 43 seconds

Expectations indicate that the price of bitcoin this year may break the record it reached in 2021, and could cross the 100,000 dollar barrier in the first half of 2022, but the world’s most famous digital currency may later be exposed to severe fluctuations, according to experts. , without dropping to 2018 levels.

In a report published by the newspaper,IzvestiaRussian writer Maria Kolobova says that expectations indicate that the “Ethereum” platform will be more attractive to invest in cryptocurrencies during 2022, thanks to the expansion of its projects based on its “Blockchain” technology, which could raise the value of its currency. Ether” to $6,000.

expected height

The current situation in the cryptocurrency market reflects an increase in investment rates in Bitcoin and cryptocurrencies in general.

The financial expert at the investment services company “8848 Invest”, Viktor Bershchikov, expects that the value of Bitcoin will witness a new rise, and record a record exceeding the threshold of $ 70,000 per currency in the first quarter of 2022.

Bershikov asserts that this is mainly due to the decline in the value of fiat currencies due to high inflation, which prompted many investors to search for alternative instruments.

In addition, more traditional financial institutions are getting involved in the cryptocurrency market, and a number of central banks are launching digital currencies.

Experts expect Ethereum to be worth $7,000 (Shutterstock)

“The institutional sector and governments are currently interested in creating reserves of cryptocurrency, and this has contributed to the high demand for Bitcoin and its price increase,” said Sergey Perikhod, a financial analyst at Finam Financial Services.

Berikhod believes that Bitcoin will maintain this upward trend throughout 2022, and could cross the $100,000 threshold, while the value of Ethereum may range between $5.8 and $6,000 this year.

After reaching unprecedented prices, Bershikov expects that the value of Bitcoin will fall and stabilize between 40 and 75 thousand dollars, due to the tightening of monetary policies by central banks, which will prompt investors to withdraw their money from the cryptocurrency market, according to his opinion.

Experts expect the value of the Bitcoin currency to witness a new high, and record a record exceeding the threshold of $ 70,000 in the first quarter of 2022.

The expansion of decentralized finance

Expectations indicate that the total value of investments in the digital currency sector during the second half of this year will rise to 4 trillion dollars, thanks to the significant expansion of investment in decentralized finance (DeFi), decentralized finance (GameFi), non-fungible tokens (NFT), and metaverse.

This is set to drive up the value of Ethereum as the most popular platform for decentralized finance and non-fungible token projects, and Bershikov expects Ethereum to be worth $6,000, and become more attractive than Bitcoin.

Yannis Kevkolis, an expert at the investment company “Exant”, believes that the Ethereum currency will occupy a greater position in the cryptocurrency market in the coming period compared to the main currency in this market, i.e. Bitcoin.

Kevculis expects investment in decentralized finance and non-fungible tokens, as well as the use of cryptocurrencies in services and corporate payment systems, to become major trends this year.

The expert in the crypto-asset market Aaron Chomsky believes that the value of the bitcoin may exceed the threshold of 75,000 dollars this year, and the value of the Ethereum currency is expected to rise to between 7 and 8 thousand dollars, in light of the expected updates in the middle of the year on the transaction processing mechanism.



Reference-www.aljazeera.net

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