The charts that defined crypto in 2023 

During the final three months of 2023, there was a marked increase in the values of cryptocurrencies like bitcoin and ether, which rose by 51% and 36% respectively. This upward trend in the market has left many traders feeling optimistic about what’s to come in 2024.

As investors get their 2024 strategies in order, here is a review of some of the charts and data points that defined the crypto market in 2023. 

Bitcoin’s correlation with stocks 

Bitcoin’s correlation with the S&P 500 and Nasdaq Composite indexes whipsawed this year. 

The asset was most closely correlated with the S&P 500 in February 2023, when its 30-day rolling average coefficient hit 0.9. The max is 1, meaning…

Read more on Blockworks

49.9K Reads

What Gen Z Thinks About Bitcoin

49.7K Reads
URL copied to clipboard!

Ethereum Improvement Proposals to watch in 2024

49.9K Reads
URL copied to clipboard!

The 3 biggest DeFi innovations of 2023

50.5K Reads
URL copied to clipboard!

Top Trending Crypto Coins of The Day

51.6K Reads
URL copied to clipboard!

SBF, Ordinals and more: What defined crypto markets in 2023

50.2K Reads
URL copied to clipboard!

NFTs are the new cookies

51.9K Reads
URL copied to clipboard!

Bit Mining Sells Btc.com Mining Pool Due to Loss of $2.6M

50.7K Reads
URL copied to clipboard!

Bitcoin 2024 | New Year Will Be Bombastic For Bitcoin

49K Reads
URL copied to clipboard!

2023 Bitcoin’s Epic Rally: The Year Bitcoin Rewrote the Rulebook

This infographic illustrates the dramatic fluctuations in Bitcoin's monthly returns from 2017 to 2023, highlighting key events that influenced its value. It shows the percentage change in Bitcoin's value each month, with significant growth spikes and drops. Key historical events are annotated, such as the Silicon Valley Bank collapse in March 2023 and BlackRock's ETF application in June 2023. The graphic culminates in the notable increase of Bitcoin's value following the election of a pro-Bitcoin president in Argentina in November 2023. The overall design is visually engaging, using a dark background with contrasting green and white text, and features the Bitcoin logo prominently.
51.6K Reads
URL copied to clipboard!

Arthur Hayes | Bitcoin Will Surge

51K Reads
URL copied to clipboard!