FSInsight: Bitcoin (BTC) Still Leading the Industry and May Reach $200K in the Second Half of 2022

Market-leading independent research firm FSInsight said bitcoin (BTC) is still industry-leading and could reach $200,000 in the second half of the year.

FSInsight head of digital asset strategy Sean Farrell, February 3 in its weekly report titled “Digital Assets in a Post-Cycle World” dated bitcoin‘of 2021 towards the end of the fourth quarter of stock markets with more connected and central banks tightening policies when faced with your price to the downtrend gave place to pass. Farell, bitcoin and cryptocurrency markets with the incorporation of legacy companies and funds into the market now strongly associated with technology stocks mentioned.

Farrellin the report 2022 to the year volatile making a start bitcoinstill of is the industry leader and that it can reach 200 thousand dollars after the second half of the year. told.

Decentralized finance (DeFi), non-fungible tokens (NFT), and other Web 3 applications Ethereum (ETH) who said that he played a role in the growth of his network FSInsightin the report Ethereumby cloud platforms undervalued that and 2022 in the year for $12,000 He said he could reach.

The report also states that Ethereum will be launched in 2022. proof of stake (PoS) on the transition to the base to positive thoughts In case of completion of the transition while giving place regardless of bitcoin performance probably capital inflows will occur. specified.

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