Cryptocurrency Price Check: ‘Don’t Count the Bulls Out Just Yet’

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The Street

By Rob Lenihan Despite falling prices, one crypto analyst says bitcoin ‘could see a massive breakout in 2022 and take the crypto market with it.’ Cryptocurrency prices were down Monday as the sector was battered by interest rate hike concerns and an internet shutdown in Kazakhstan. Bitcoin was down 1.8% to $41,729, while ethereum was off 3% to $3,996.77 and meme coin dogecoin was dropped 4.9 to $0.141741 at last check, according to Coindesk. A combination of rising government bond yields, a firmer U.S. dollar and the shutdown of key bitcoin mining capacity in Kazakhstan last week have all comb…

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