The crypto market is off to a shaky start this year. Cryptocurrencies are also trading in the red as a result of the Russian-Ukraine military crisis. However, much of the fascination with these unregulated currencies stems from the desire to trade for profit, with speculators sending prices high at times. For many young investors, cryptocurrency has proven to be the best asset to invest in. There are numerous use cases where cryptocurrencies are frequently used, ranging from commercial giants to startups. Cryptocurrencies with high investment rates, trading volumes, and liquidity are typically picked for long-term investment. March is likely to be another tough month for the cryptocurrency industry, especially if authorities continue to press for more crypto regulation. This has been on the cards for a while, but it might come sooner if states suspect Russia of exploiting crypto to avoid sanctions. Apart from this, Ukraine has also been getting huge donations in terms of Bitcoin. As a result, now is a smart moment to stick to more well-known cryptocurrencies like Bitcoin and Ethereum. And if the largest cryptocurrency is picking up the bull run, then Altcoins is most likely to follow suit as it has always done. Altcoins that perform in line with foreseeable trends in the crypto sector, such as the metaverse, decentralized finance (DeFi), and decentralized applications, are expected to dominate in 2022. (dApps). Today’s market ...
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