The crypto industry has had a rough year, with BTC falling 65% and self-inflicted wounds in the form of scandals. Will these trends continue in 2023? CoinDesk has released a comprehensive fourth-quarter review and outlook of crypto markets.
Recent signs have emerged in digital-asset markets that the FTX turmoil may have passed.
Matt Hougan, chief investment officer at the crypto asset manager Bitwise, says the digital-asset markets are entering a “period of indifference.” He added: “That’s sort of what leads into the next bull market that’s happened each time in the past, and I see no reason to believe that this time will be different.”
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