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Bitcoin's hashrate is sitting close to all-time highs, but the price keeps falling. 8 experts break down what investors need to know about trading bitcoin in 2022 a?? and 14 alternative crypto tokens...

Bitcoin's hashrate is sitting close to all-time highs, but the price keeps falling. 8 experts break down what investors need to know about trading bitcoin in 2022 a?? and 14 alternative crypto tokens...
Businessman chasing Bitcoin falling down descending arrowGetty Images


The bitcoin hashrate, a key network metric, hit an all-time high on January 2.




But bitcoin has been sliding lower for weeks, having lost 12% in the last week alone, as investors ditch riskier assets.




8 experts explain how investors should look at hashrate, their 2022 outlook for bitcoin and alt-coin alternatives to consider.


Bitcoin's hashrate metric hit an all-time high on January 2, according to data from analytics tool Glassnode.This is a milestone for the network and demonstrates the recovery following China's ban on crypto mining in early 2021.Many miners were forced offline as a result of the ban and estimates suggested Chinese miners made up about 75% of the world's mining power."The complete recovery of the more than 50% drop in bitcoin's hashrate following the ban of the activity in China in May underscores the network's flexibility and resilience," said Noelle Acheson, head of market insights at Genesis Trading, over email.
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