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Will cryptocurrency market be volatile in 2022? What investors can expect, basic rules to follow
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economictimes.indiatimes.comEven bluechip cryptos like Bitcoin and Ethereum rose 35-40% in 2021. But the trajectory was not a straight line. Bitcoin prices zoomed to touch Rs 51 lakh in April, before falling sharply by more than 50% in May-June when Elon Musk tweeted his concerns about the impact on the environment and China cracked down on crypto trading. As panicky investors rushed to sell, prices of some crypto currencies tumbled 30-40% in hours. Buyers returned in September and Bitcoin price again crossed Rs 54 lakh in November. It has now settled at Rs 39.91 lakh, about 32% higher than what it was at the beginning of the year.What to expect in 2022
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