Why Portfolio Managers Will Need to Look at Altcoins in 2022

Why Portfolio Managers Will Need to Look at Altcoins in 2022
With 2021 just about in the rearview mirror, it’s a good time to reassess the notion that cryptocurrency is still a risk-on asset class. After all, crypto’s risk will help determine how to allocate assets in 2022.For many traders, the massive selloff of March 2020 is still a memory, be it one of great pain or profit. Bitcoin and ether as well as just about every cryptocurrency took a nosedive as if they were chained to falling equities and bond yields back then. It was around that time we started to hear the refrain that crypto is a risk-on bet,…