(Spoiler alert: No meme coins made this list.) That includes their opinions on the best cryptocurrencies of 2022 based on business cases and fundamentals. To get a sense of whether digital coins might regain their momentum, we spoke to crypto experts to gather their thoughts about the coming year. Like stocks, most showed vulnerability to cyclical swings and changes in sentiment, especially as inflation became a prominent market driver. Despite a heady performance across the whole of 2021, most major cryptos stalled toward year's end.
And certainly more robust than the S&P 500's 29% growth (with dividends included!) last year.īut cryptocurrencies didn't enter 2022 with a head of steam. Not bad for an asset class that got its start just 13 years ago. SEE MORE 15 Bitcoin ETFs and Cryptocurrency Funds You Should Know Collectively, this asset class started 2021 with a combined market capitalization of just over $800 billion by the time 2022 rolled around, that figure nearly tripled, to $2.25 trillion. Overall, digital currencies produced a remarkable 2021 that helped solidify an already strong argument for their inclusion in more risk-tolerant investors' portfolios. That proved true for digital currencies last year, and it could very well define the outlook for the best cryptocurrencies of 2022. In investing, the trend is your friend – until it isn't. A number of cryptocurrencies Getty Images
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