What Will Bitcoin Be Worth In 2022?
Bitcoin is one of the most valuable and fastest growing assets in the market today. Bitcoin now ranks at the 8th position in the list of top assets by market cap (source: companiesmarketcap.com), with a total market cap of $1.048 trillion, as of Feb 2021. The digital currency recently touched its all-time high (ATH) price of $53,000 and is not looking to stop anytime soon. You can track the live price of Bitcoin on the Shiftal exchange website. So, if you ask me whether or not Bitcoin will rise any further, I’d say definitely yes. Now, the question is how much Bitcoin price will increase in the next year or so. Well, the answer to that question is not easy to accurately speculate, as the bitcoin price is very irrelevant when it comes to the common factors that affect the prices of traditional/fiat currencies in the market. More or less, the value of bitcoin is driven by market sentiment. If the sentiment is positive, the price will increase and so on. The market demand and supply a...