As we close the year 2022, the future of cryptocurrencies remains uncertain. bitcoin price As of Sunday, it fell below $17,000, while other popular cryptocurrencies also suffered losses. This decline has raised concerns about the state of the digital asset market.
What will the Bitcoin price be in 2023?
down to $16,700 Bitcoin, fell 3.7 percent over the weekend. The second most popular cryptocurrency Ethereum However, it fell by 6.3 percent to $ 1200. Avalanche ve Solana Like other altcoins, their investors lost money.
The economic recession all over the world causes central banks to increase interest rates. This situation opens the door to a decline in crypto money and stocks. While struggling, the drop in cryptocurrency values coincided with the drop in US stocks. Since the beginning of the year, Bitcoin has lost about 65 percent of its value.
The most interesting products you can buy with crypto coins
Today, cryptocurrencies have begun to be accepted by many countries. We share with you the most interesting things you can buy with this new generation of coins.
Fairlead Strategies analyst Will Tamplin pointed out the possibility of Bitcoin returning to November levels, where it hit its lowest price since November 2020. Economist Noelle Acheson stated that investors should be careful about this issue.
The future of crypto-related companies, including Binance and Digital Currency Group, is also uncertain. For example, by Binance BNB token It’s down 50 percent since last year. Coinbase stock dropped to an all-time low of $34.71.
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