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Top 5 cryptocurrencies to watch in 2022: BTC, ETH, BNB, AVAX, MATIC

Published 01/04/2022, 07:15 PM
Updated 01/04/2022, 09:00 PM
© Reuters

Bitcoin (BTC) witnessed a roller coaster ride in 2021 and even though BTC has corrected sharply from its all-time high at $69,000, the digital asset is still up by 60% year-to-date. During the same period, gold has dropped more than 5%.

With inflation soaring in the United States and several other parts of the world, Bitcoin’s outperformance over gold shows that investors may be considering it to be a better hedge against inflation when compared to gold.

Crypto market data daily view. Source: Coin360
BTC/USDT weekly chart. Source: TradingView
ETH/USDT weekly chart. Source: TradingView
BNB/USDT weekly chart. Source: TradingView
AVAX/USDT weekly chart. Source: TradingView
MATIC/USDT weekly chart. Source: TradingView

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