What will Bitcoin be in 2022?

Cryptocurrencies have had an especially volatile past month, but an influential market analysis company is predicting gigantic gains in the coming months. FSInsight, in a note to investors, said Bitcoin could hit $200,000 in the second half of 2022 . That’s a 462% increase from the crypto’s price as of Monday morning.

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Why are Bitcoin prices falling?

The values of risky assets—like Bitcoin—tend to decline in the wake of the Federal Reserve making policy changes to become more fiscally conservative . More broadly, as Bitcoin matures and becomes more widely adopted, the price of Bitcoin is increasingly correlated with the prices of traditional assets like stocks.

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