Volatility has been the buzzword for the crypto industry in 2022. Volatility has been the buzzword for the crypto industry in 2022. We have compiled a list of some predictions that can be used to predict the remaining months of 2022 for crypto investors and those interested in it.
This year has been full of ups and downs for the cryptocurrency asset. A series of unfortunate events, one after the other, have hit the industry, setting aside the estimates made by industry experts at the beginning of the year. Keeping this in mind, we have compiled a list of some predictions that can be used to predict the remaining months of 2022 for crypto investors and those interested in it. However, here they are not in any particular order.
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1 - volatility will continue
Volatility has been the buzzword for the crypto industry in 2022. Although the year started off well, the following months saw many global problems unfold around the world, from the Ukraine war to the highest high inflation in a decade in many countries and rising oil prices. Most of these problems are showing no signs of abating or going away anytime soon. This means that the remaining months of 2022 will also see volatility in the global market as well as the crypto industry. While some experts believe that the current problem will end before the end of the year, however, it is difficult to predict when things will improve.
2 - Regulations will come
The decoupling (separation) of the stable coin Tether with the US dollar gave a series of shocks to the financial and crypto community and prompted US Treasury Secretary Janet Yellen to say that stablecoins are at increasing risk. India's Finance Minister Nirmala Sitharaman has also expressed concern about the use of cryptocurrencies for counterintuitive activities and called for a global solution. Industry leaders themselves are hoping for government intervention that allows them to function more freely. All of this combined means that as this industry grows and matures, we will start to see some new regulations coming into the crypto.
3 – Pop culture will continue to popularize crypto
Be it games, movies or music, popular culture will find easier ways and means to connect with the crypto industry through NFTs and the metaverse. This will lead to widespread adoption of new technologies as celebrities leverage their fan base for these new platforms. Be it cricketers or celebrities, sporting leagues or global brands, everyone will soon be riding the crypto bandwagon. The only question is, will you be up for them when they announce to do so?
4 - The focus will be on the new coin
The combined value of all crypto assets has fallen from a high of $2.7 trillion last November to less than a trillion in the past few months. The reason for this is the decline in the price of its two biggest coins, Bitcoin and Ether. While other popular coins have also declined significantly, there are indications that the new coin as well as the Ethereum blockchain and other stable coins and game coins may see more gains in the coming months, as consumers prefer familiar and non-risky coins. We do. This will lead to the discovery and adoption of the new coins that we are currently seeing as different from the big ones. If you are wondering where to find new coins and what to invest in, we suggest trying out ZebPay, one of the oldest cryptocurrency exchanges in India, which has over 100 coins for members to invest in (this The number is increasing).
5 – Crypto and financial markets will be intertwined
The big promise of the crypto industry to be independent of the global finance industry is now an important question. Almost every global event has a direct impact on the size and scale of the crypto industry, as investors feel panic and withdraw their investments from an industry that is considered risky. The US Fed's decision to raise interest rates has not only affected equity markets around the world, but it has also had a direct impact on the crypto industry which has suffered a decline in recent times. Suffice it to say that for any future investment in the crypto industry, global affairs will also need to be taken into account.
These were some predictions about how the global crypto industry will fare. One thing is certain that the bad phase is not going to last forever. Most experts are predicting that by the end of 2022, the current slowdown will start improving. If you are looking to enter the crypto industry, this could be a good time to invest as prices are currently at record lows. Do your own research, study the industry and open your crypto portfolio with ZebPay here.
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