2023 crypto outlook

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2023 Crypto Outlook
As of November , the number of crypto owners reached million. During the year, the monthly average adoption growth rate was %. The year and the outlook for have demonstrated the crypto sector as an area characterized by remarkable dynamics and resilience. Bitcoin and Ethereum were on track to finish the month up 27% and 8%, respectively. Bitcoin prices are now up % year-to-date in , while.

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A new wave of adoption could emerge, and a decentralized currency system could develop in the coming years. However, some experts suggest that the regulatory environment in the US is hindering growth in the field and causing some companies to move overseas. This not only caused panic amongst regulators over concerns about the stability of global financial systems, but also massive reputational damage to the entire industry and its workforce. During the first half of the year, the situation was further exacerbated by rising interest rates in the United States, sanctions, as well as numerous uncertainties regarding the Corona situation in China and food supply shortages. The answer lies in a wide range of reasons, to name just a few:.