Crypto Market Stagnant in the Last Days of the ‘Year of the Rabbit’

Date:

Share post:



Crypto Market Stagnant in the Last Days of the ‘Year of the Rabbit’

Last year, CLSA, a Hong Kong-based brokerage firm, predicted in a January note that 2023 will see market fluctuations, attributing a calmer outlook to the Year of the Rabbit while advising investors to venture beyond their comfort zones cautiously. And indeed, the market “hopped” back from its dismal 2022 performance, with bitcoin having jumped nearly 94% over the last year, with ether (ETH) rising 47%.



Source link

Leave a reply

Please enter your comment!
Please enter your name here

Related articles

Bitcoin survived brutal week of market shocks. Still, analysts are deeply split on what happens next.

For Matt Hougan, CIO at Bitwise Asset Management, the U.S. still has two and a half more...

Anthropic picks Accenture as embeded evaluator

 Anthropic said it has chosen Accenture as its first embedded evaluator to help slow the pace of...

Binance Follows Bybit into 24/7 FX Perpetuals with 100x USD/BRL Contract

Binance is adding foreign exchange to its crypto derivatives platform, starting with a 24/7 perpetual contract linked...