In 2022, the US expects massive adoption of cryptocurrencies with proper regulation and a subsequent bull market. This opinion was expressed by Bloomberg strategist Mike McGlone in a new report…
According to him, the growth of cryptocurrencies in 2021 is associated with the monetary policy of developed countries, which sought to mitigate the economic crisis amid the pandemic.
McGlone is confident that in 2022 the US Federal Reserve will curtail the emergency stimulus program amid rising inflation and the labor market.
The decision will contribute to the growth of Bitcoin and Ethereum, the analyst is sure.
McGlone said in September that the rise in dollar-pegged stablecoin transactions would add value to the US currency.
Recall that in the same month, he predicted the growth of bitcoin to the level of $ 100,000 and becoming a global reserve asset.
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In 2022, the US expects massive adoption of cryptocurrencies with proper regulation and a subsequent bull market. This opinion was expressed by Bloomberg strategist Mike McGlone in a new report…
According to him, the growth of cryptocurrencies in 2021 is associated with the monetary policy of developed countries, which sought to mitigate the economic crisis amid the pandemic.
McGlone is confident that in 2022 the US Federal Reserve will curtail the emergency stimulus program amid rising inflation and the labor market.
The decision will contribute to the growth of Bitcoin and Ethereum, the analyst is sure.
McGlone said in September that the rise in dollar-pegged stablecoin transactions would add value to the US currency.
Recall that in the same month, he predicted the growth of bitcoin to the level of $ 100,000 and becoming a global reserve asset.
Subscribe to Cryplogger news on Telegram: Cryplogger Feed – the entire news feed, Cryplogger – the most important news, infographics and opinions.
Found a mistake in the text? Select it and press CTRL + ENTER
