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Six Areas to Keep an Eye on While Crypto Recovers - A 2023 Outlookby@bingventures
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Six Areas to Keep an Eye on While Crypto Recovers - A 2023 Outlook

by Bing Ventures12mJanuary 16th, 2023
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Bing Ventures' research team believes that the crypto market will likely show positive signs of bottoming out in 2023 after an extended bear market. With deteriorated macro monetary conditions and liquidity, the crypto market suffered a dramatic reduction in market capitalization. But in the long run, it’s a healthy development. If this cycle follows the patterns of the previous ones, we expect the market to continue to consolidate until the first quarter of 2023. When institutions' liquidity is drained, the market will once again become the OG whales' gambling table. Technological innovations will become the main narrative in the latter part of 2023 when the industry enters the recovery phase. Six innovative areas are worth paying attention to while cryptocurrency recovers and lays the foundation for a new bull run in 2023.

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Bing Ventures is a crypto VC fund supporting early-stage projects in the blockchain and cryptocurrency industry.

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Bing Ventures@bingventures
Bing Ventures is a crypto VC fund supporting early-stage projects in the blockchain and cryptocurrency industry.

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