{"id":54524,"date":"2021-12-12T10:41:19","date_gmt":"2021-12-12T08:41:19","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=54524"},"modified":"2025-09-03T20:52:40","modified_gmt":"2025-09-03T17:52:40","slug":"bloomberg-strategist-predicts-mass-adoption-of-cryptocurrencies-in-the-united-states-in-2022","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bloomberg-strategist-predicts-mass-adoption-of-cryptocurrencies-in-the-united-states-in-2022\/","title":{"rendered":"Bloomberg strategist predicts mass adoption of cryptocurrencies in the United States in 2022"},"content":{"rendered":"<p>In 2022, the United States is expected to see mass adoption of cryptocurrencies under proper regulation and a subsequent bull market. This view was expressed by Bloomberg strategist Mike McGlone in a new <a href=\"https:\/\/assets.bbhub.io\/professional\/sites\/10\/1489771_Crypto-Dev2021Outlook.pdf\">report<\/a>.<\/p>\n<p>He says that the rise of cryptocurrencies in 2021 was linked to the monetary policy of developed countries that sought to ease the economic crisis amid the pandemic.<\/p>\n<p>McGlone is confident that in 2022 the U.S. Federal Reserve will unwind its emergency stimulus program in the face of rising inflation and a tight labor market.<\/p>\n<p>The move is expected to boost Bitcoin and Ethereum, the analyst said.<\/p>\n<p>In September, McGlone said that the growth in the number of dollar-pegged stablecoin transactions <a href=\"https:\/\/u1f987.com\/en\/news\/bloomberg-strategist-rising-usdt-transactions-boost-the-dollars-value\">increases the value of the U.S. dollar<\/a>.<\/p>\n<p>Earlier in the month, he <a href=\"https:\/\/u1f987.com\/en\/news\/bloomberg-strategist-projects-bitcoin-to-reach-100000\">forecast Bitcoin to reach $100,000<\/a> and become a global reserve asset.<\/p>\n<p>Follow ForkLog&#8217;s Bitcoin news on our <a href=\"\/\/telegram.me\/forklog\" target=\"\u201c_blank\u201d\" rel=\"\u201cnofollow\u201d noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In 2022, the United States is expected to witness mass adoption of cryptocurrencies under proper regulation and a subsequent bull market. This view was expressed by Bloomberg strategist Mike McGlone in a new report.<\/p>\n","protected":false},"author":1,"featured_media":54525,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1138,26],"class_list":["post-54524","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-opinions","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"20","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/54524","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=54524"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/54524\/revisions"}],"predecessor-version":[{"id":54526,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/54524\/revisions\/54526"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/54525"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=54524"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=54524"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=54524"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}