Like the years that have come before, 2023 continued to be a turbulent yet overall triumphant year for cryptocurrency. Despite high-profile frauds and scandals shaking investor confidence during the early half of the year, the crypto market stabilized and demonstrated steady growth towards the end. Bitcoin’s market cap increased by a peak of +172%, with Ethereum and the wider altcoin segments seeing nearly 100% growth in their market caps. With so many investors, retail and institutional alike, awaiting news on the Bitcoin Spot ETF, investors feel more at ease taking a long-term view on digital assets.
Story by Vanessa Vasquez, Editor-in-Chief NewsUSA Tech
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