4.1 C

How did 2023 start for the cryptocurrency market? Bitcoin and XRP growing

Must read

The earthquake caused by FTX in the world of cryptocurrencies has led many investors to gradually leave the industry at the end of 2022 for fear of widespread repercussions and therefore huge losses. But How did 2023 start for cryptocurrencies? Let’s take a quick look at the current market situation.

Real-time charts offered by CoinDesk, overall positive trend for major cryptocurrencies and for Altcoins, starting with Bitcoin: we’re talking about an increase of about $900 per single BTC for a value on the exchange if it’s growing by 0.46% per month over the past 24 hours. The exchange rate of 17,421.31 dollars. On the last day, Ethereum was in a lurch between a slight growth and a slight loss, but rallied to $1,333.55 for ETH from $1,196.33 on January 1, 2023.

Much more obvious is the growth of XRP or Ripple. which increased by 6.43 points in the last 24 hours; In the first eleven days of 2023, it rose from $0.3373 to $0.3722 and is still a long way from its all-time high of $3.40. Other altcoins Cardano (ADA), Dogecoin (DOGE) and Stellar (XLM) also returned to higher shares compared to the last days of December 2022.

Of course, this growth does not correspond to a positive trend for the next few days, as the company’s careful observation has taught us. volatility of cryptocurrencies. In short, 2023 started positively for the sector and the situation may get better, but it is always better to be careful.

In all this, Coinbase laid off 950 people.

Source: Every Eye

More articles


Please enter your comment!
Please enter your name here

Latest article