The Crypto market Went through a deep bust in 2022. Bitcoin lost almost 80 percent of its value when it declined from $ 67,000 to $ 15000. Crypto market experienced exponential growth from 2020 to a record high of nearly $3 trillion market cap in November 2021. However, in twelve months, the market capitalization fell to less than $800 billion in November 2022.
The market Start to recover in 2023. The Bitcoin price was hovering around $ 16,000 the first day of January, and currently it is around $ 30,000 and the end of July.
Let’s dive deeper in this new but hot phenomena!
