With 2022 gone for good, what will 2023 bring to the crypto market?

cointelegraph.com:

If 2022 was any kind of template for gauging what the crypto market might offer for investors going forward, it proved to be terribly difficult to predict. The space saw a brutal shock to the global crypto market capitalization, which fell just over 60% from $2.2 trillion to about $797 billion year to date. It also saw the two largest cryptocurrencies by market cap, BTC and ETH, fall by 64% and 67%, respectively, during the same time frame, with the concurrent slide in the alt market too.

These price drops, combined with the demise of the FTX exchange, were not events that many, if any, foresaw. Furthermore, the fallout from the FTX debacle is not yet over, given that some crypto projects and venture funds have retained treasury accounts on the exchange.

That said, if 2022 was indeed messy, then 2023 has to offer something more positive, but growth is likely to be slow in the first quarter – if not the first half - of the year.

Following the brutal events of 2022, there will inevitably be a period of adjustment, settling, and refocus, all of which will drive months of reflection and nervous reconviction before change manifests in the market.

The macroeconomic climate is unlikely to change significantly in the short term too. The so-called “crypto winter” will persist at least for a while. But change will come. Still, whether it is going to be investor-led or corporately-led remains to be seen.

What does seem apparent though, is that as the market matures - and confidence grows again - there should be a shift in a positive direction; therefore, it would come as no surprise if risk-taking investors moved earlier in the year rather than later, which may seem counter-intuitive. Moreover, as you will read below, the forecast