News Snapshot:
Persistent inflation, tighter monetary policy, or a reversal to lower inflation leading central banks to keep rates low are all scenarios that could play out and have an impact on crypto markets in 2022, crypto market data provider CryptoCompare said in a new report . According to the report, which went into details on CryptoCompare’s view on the last year and outlook for 2022, the most likely macroeconomic scenario is that inflation will persist into 2022, making it likely that crypto will outperform other asset classes. This could happen “as Bitcoin assumes its position as an anti-inflationary store of value,”...
