Crypto spot volumes dip to 2019 levels as prices seemingly start recovering

Published by
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…

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