Inflation has significantly impacted Ethereum (ETH) and Cardano (ADA). Nevertheless, some cryptocurrencies have survived bearish market conditions to provide good returns to their investors. Bitgert (BRISE) is one such crypto that has been profitable for its investors throughout 2022. In fact, BRISE demand is increasing as ETH and ADA prices fall.
Most cryptocurrencies remain negative in terms of their value this year, so the crypto market is not out of the woods yet. ETH and ADA are two coins that have experienced significant declines recently and this December. They are down 67% and 82% this year, respectively.
Investors in ETH and ADA are concerned and despairing that if nothing changes, they will suffer further losses in 2023. Both crypto projects do not have any highly disruptive developments in the coming weeks, making them less appealing to investors.
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Fed is hawkish Regarding Ethereum and Cardano
One of the reasons their prices have been falling this year has been the Fed’s hawkishness. As a result, if the Fed remains hawkish, these investors have every reason to be concerned.
The recession may worsen this year, which is why ETH and ADA investors are worried. With interest rates set to rise in 2022, we may see these coins fall even further in the coming months. Ethereum (ETH) and Cardano (ADA) are so popular.
Why Bitgert Is Still Upbeat
Compared to Ethereum and Cardano, Bitgert has been less affected by inflation. The Brise is still in the black for 2022 gains, implying that its investors profited this year. That is why Bitgert is still very appealing today.
Bitgert’s growth has been fueled by the massive developments that the team has been delivering. The massive delivery of roadmaps has accelerated the growth of the Brise ecosystem this year. Bitgert has also been developing real utility products, which has accelerated the adoption of the Brise coin.
Bitgert’s popularity has grown and will continue to grow in the coming months. As a result, the demand for this coin has skyrocketed. As a result, Bitgert is an excellent coin to purchase this Christmas and before the end of the year.
Demand for Centcex (CENX) is also increasing
The Centcex coin has also piqued the interest of cryptocurrency investors. This coin’s demand has been strong this year, and it is expected to skyrocket in early 2023 as the team releases new products and projects. As a result, Centcex has been identified as one of the coins to watch and buy this month.