Why you can expect a bitcoin ‘bloodbath’ next year after crypto winter ⤵️ 🔴 lauriehavelock
, down from a peak of $64,400 in November 2021. The overall crypto market is worth $1.63tn less than it did in December 2021.“, could last for a lot longer than first expected, according to many market makers. One has described the anticipated drop in cryptocurrency prices in 2023 as the “bitcoin bloodbath”.
“People don’t research, and just jump in, and that should change. We have started to have serious conversations around how we can actually sanitise and advertise the space.” “While the bitcoin sell-off decelerates, the damage has been done,” said Eric Robertsen, global head of research at the bank.
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