The Crypto Market Digestion of 2022 and Prospects of the New Year

Written by ulriklykke | Published 2023/02/02
Tech Story Tags: bitcoin | crypto | blockchain | markets | 2022 | ftx | cryptocurrency | crypto-market

TLDRThe year 2022 started with a lot of optimism for crypto natives, Bitcoin’s price was hovering above $45,000 while the total market capitalization stood at $2.2 trillion. But as central bankers announced preparations to tighten monetary and fiscal policy to battle rising inflation, the ‘air’ soon left the balloon. On the brighter side, transitioning into the new year, 2023, feels like a much-needed fresh start on many accords. via the TL;DR App

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Written by ulriklykke | Author of the Bitcoin Global Macro, a newsletter focusing on digital assets, macro insights & investment ideas.
Published by HackerNoon on 2023/02/02