Bitcoin, Ether, Cardano, Solana Bull Rally In Second Half Of 2 | Market Ranger

Bitcoin, Ether, Cardano, Solana Bull Rally In Second Half Of 2022 Is ‘Unquestionable’, Says Crypto Exec.

• Cryptocurrencies are going to recover in 2022 after the broad sell-off in the last few weeks, says an analyst.

• The narrative of Bitcoin as a hedge against inflation is changing thanks to the increasing correlation with macro markets.

• Amid the chaos, projects are launching new offerings ahead of the resurgence in prices.

Jack McDonald, the CEO of PolySign told CNBC that he thinks that the worst could be behind the crypto markets and investors can expect a strong recovery in the coming months. He noted that the falling prices of Bitcoin, Ethereum, Cardano, Solana, and other cryptocurrencies are because they are seen as “risk-on, risk-off assets” with an increasing correlation with the broader markets.

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