DIGITAL ECONOMY
Products - Market
Fintech
Start-ups
Digital service
Digital management
05:00 March 22, 2023
Expect the crypto market to return
Do Phong -
Experts predict that the second half of 2023 will likely be the right time for the market to grow again and many new trends will appear in 2024. If history repeats, 2024 and 2025 are expected to This is the booming period of the crypto market...
The crypto market is said to have a 4-year cycle
After the year of catastrophic decline in 2022, the crypto market (electronic currency, digital currency) entering 2023 continues to be gloomy and is predicted to be unlikely to reach a new peak in the near future.
In 2022, both Bitcoin and Ethereum lost more than 65% in value. Many large crypto organizations went bankrupt and many investors lost everything. The market fell into a state of extreme negativity and fear.
2022 is also the year of unprecedented events in the history of the crypto market, not only causing retail investors to suffer losses but also causing losses to institutional investors and large funds/companies. heavy losses, even leading to bankruptcy. One of the events that negatively affected users in Vietnam was the collapse of UST/LUNA, leading to the investment funds Three Arrows Capital, Celsius, Voyager... This event, along with the collapse of the second largest exchange in the market, FTX, affected more than 57% of investors participating in the survey.
Products - Market
Fintech
Start-ups
Digital service
Digital management
05:00 March 22, 2023
Expect the crypto market to return
Do Phong -
Experts predict that the second half of 2023 will likely be the right time for the market to grow again and many new trends will appear in 2024. If history repeats, 2024 and 2025 are expected to This is the booming period of the crypto market...
The crypto market is said to have a 4-year cycle
After the year of catastrophic decline in 2022, the crypto market (electronic currency, digital currency) entering 2023 continues to be gloomy and is predicted to be unlikely to reach a new peak in the near future.
In 2022, both Bitcoin and Ethereum lost more than 65% in value. Many large crypto organizations went bankrupt and many investors lost everything. The market fell into a state of extreme negativity and fear.
2022 is also the year of unprecedented events in the history of the crypto market, not only causing retail investors to suffer losses but also causing losses to institutional investors and large funds/companies. heavy losses, even leading to bankruptcy. One of the events that negatively affected users in Vietnam was the collapse of UST/LUNA, leading to the investment funds Three Arrows Capital, Celsius, Voyager... This event, along with the collapse of the second largest exchange in the market, FTX, affected more than 57% of investors participating in the survey.