Crypto spot volumes dip to 2019 levels as prices seemingly start recovering
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City AM
City AM
By Darren Parkin Data from CryptoCompare shows that the price of Bitcoin started the first week of 2023 trading close to the $16,700 mark, and throughout it moved up to now trade close to $17,300 as the industry appears to start recovering. Ethereum’s Ether, the second-largest cryptocurrency by market cap, traded in a similar way, starting the week at $1,200 and quickly moving up to $1,330, where it’s currently trading. The week started with a report from blockchain security company CertiK, which revealed that December 2022 saw the lowest monthly total for cryptocurrency theft for the past yea…