Can Bitcoin blast through the $100,000 barrier in 2022?
It has been yet another rollercoaster year for Bitcoin, but what did you expect? Every year is a rollercoaster for the world’s most popular cryptocurrency.
It started the year trading at just under $30,000, more than doubled by April, only to dip in the summer then rally to hit an all-time high of around $68,000 in early November, depending on which exchange you used.
So far, so Bitcoin. At time of writing, it was trading at just over $57,000; where it will stand when you read this article is anybody’s guess.
The momentum behind the concept of decentralised finance (DeFi) is growing exponentially and that will push up prices, Katharine Wooller, managing director of digital cryptocurrency FinTech platform Dacxi, says. “It is not a question of ‘if’ crypto will become a major force in international cross-border global finance, but ‘when’.”
Read the full article here: https://www.thenationalnews.com/business/money/2021/11/29/can-bitcoin-blast-through-the-100000-barrier-in-2022/
