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Arcane Research releases its crypto predictions for 2022
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Blockchain data research firm Arcane Research has taken a look at the year that was in its final report for 2021 and offered its predictions for crypto markets going into 2022.
Arcane’s Dec. 28 The Weekly Update report focuses on Bitcoin (BTC) and Ethereum (ETH) but delves into other major coins, decentralized finance (DeFi), meme coins, nonfungible tokens (NFT), derivatives, and others. Arcane offered a prediction for what would happen in 2022 on every topic covered in the report.
The report noted that through 2021, Bitcoin has outperformed the S&P 500 index. Bitcoin is up 73% while the S&P 500 is up 28% this year, and Arcane believes Bitcoin will continue this performance next year. The benchmark S&P 500 index consists of the 500 biggest
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