The beginning of 2023, a new world of predictions opens up about what will happen to cryptocurrencies this year, especially considering the great market failure in 2022.
2022 has been anything but calm for the world of cryptocurrencies, that is an undeniable fact. We have experienced the collapse of FTX or BlockFi or a year-end for Bitcoin with a 62% drop, compared to last year. If you want to see the predictions for 2023 regarding this cryptocurrency , we leave it linked.
However, today we want to focus on the market in general and what 2023 will bring, according to experts.
And it is that, from the beginning, cryptocurrencies have been promoted as the future of finance. But now, with the great crisis that it is going through, the Bitcoin that is reeling after a sharp fall. of course, the consequences of the incredible collapse of the cryptocurrency exchanges, many doubts arise.
Of course, not the entire crypto world is based on Bitcoin and is too rich to just focus on it. The big question now is: what will happen to cryptocurrencies in 2023?
A 2023 that is observed with optimism in the crypto world
From what is predicted then the facts are anyone’s guess, but 2023 could be the year that the clashes around regulation finally reach their climax, something that has been going around a lot during 2022 .
“Tough regulation of cryptocurrency is going to be proposed and the community is going to wage an epic battle to fight the parties that threaten decentralization ,” says Ric Edelman, founder of the Digital Assets Council of Financial Professionals.