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Bitcoin and Ether heading $100K and $5K in 2022: Bloomberg Intelligence

Published 01/07/2022, 10:15 AM
Updated 01/08/2022, 07:40 PM
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Despite cryptocurrency markets dropping to multi-month lows, major cryptocurrencies like Bitcoin (BTC) and Ether (ETH) are likely to hit new all-time highs in 2022, according to a Bloomberg analyst.

BTC and ETH will be heading toward $100,000 and $5,000 this year, respectively, according to a forecast by Bloomberg Intelligence analyst Mike McGlone published in his latest market analysis on Thursday.

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