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What’s shaping the future of the institutional crypto market?

Published 02/12/2022, 09:11 PM
Updated 02/12/2022, 11:00 PM

2021 was a big year for cryptocurrency. El Salvador became the first country to adopt Bitcoin (BTC) as legal tender. In November 2021, the price of Bitcoin hit an all-time high approaching the psychologically significant mark of $70,000. And, all along the way, industry influencers like Elon Musk have been tweeting their enthusiasm about cryptocurrency more broadly.

I anticipate 2022 will continue to be an even bigger year for digital currencies as the market grows to reach 1 billion people. Here are the five most prominent trends that I see on the horizon for the year to come.

Christophe Michot is the director of business development at Apifiny, a global digital asset trading network for institutions. Before Apifiny, Michot was a senior manager at Kraken and Apple (NASDAQ:AAPL), and a Google (NASDAQ:GOOGL) alumnus. Michot brings over 20 years of experience in the tech industry, including 10 years dedicated to Bitcoin and crypto.

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