Bitcoin‘s (BTC -0.48%) fortunes turned south in 2022 as the token’s value fell 64% and both investors and traders began to question the cryptocurrency’s future. Bitcoin failed to be a hedge against inflation while falling behind upgraded blockchains like Ethereum (ETH -58.44%) and Solana (SOL -2.11%) when it comes to utility.
As the calendar turns to 2023, will Bitcoin gain traction and get back to $30,000, or is the bull run over? Here’s what you need to consider this year.
The digital…
Source link
