Market steadying but more real-world use cases will continue to be the key
In late 2022 the cryptocurrency market crashed after a heady period of successive highs. The value of Bitcoin dropped 63%, the overall cryptocurrency market lost $1.63 trillion in value, and thousands of small altcoins were pretty much wiped from existence.
To make matters worse, once-celebrated crypto giants including Blockfi, Celsius, FTX and Voyager collapsed after filing for bankruptcy.
The so-called crypto winter left crypto investors and traders begging for a light at the end of the tunnel.
For many, the light finally came in 2023. Though they have come nowhere near the highs of 2021, coins like Bitcoin and Ethereum have begun to bounce back in the first few months of…
