Crypto markets are ‘flatter than an elephant’s camping stool’

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City AM

By Darren Parkin Welcome back and a very happy 2023 to all our regular readers (and those not so regular readers). For those of you hoping to kick the year off with a bang in crypto, unfortunately the markets are flatter than an elephant’s camping stool. The crypto market stagnated over the Christmas holidays, with both BTC and ETH experiencing very slight declines. Bitcoin’s seven-day volatility has now declined to 0.7% and is currently sitting at lows only visited once since February 2019 – during the stagnant markets of July 2020. That being said, there’s still plenty of time for drama. The…

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