What to expect from the crypto market in 2023 For 2023, there are many assumptions about what to expect from the crypto market. The opinions of analysts, traders and other members of the crypto community vary greatly. Some predict the growth of bitcoin to $ 250,000, others a drop to $ 5,000, but the most objective forecasts agree that 2023 will not be a breakthrough year for the crypto market. It will become a transit point between the fall and growth, which will begin closer to the halving of bitcoin.

In another article, we have already analyzed the forecasts of the bitcoin exchange rate for 2023, in it you can find out on the basis of what assumptions are made and why the market is more likely to be bearish for now.

The collapse of FTX announced a trend for the transition from centralized projects to decentralized ones. To a greater extent, this applies to exchanges. Accordingly, the tokens of the exchanges will also be affected by the distrust of users and the possible depreciation of the exchange rate because of this. An additional incentive to the outflow of funds from centralized exchanges can be given by tightening the regulation of cryptocurrencies, which is highly likely to occur in the new year.

Decentralized projects, on the contrary, will receive a new influx of users, so their tokens can show greater growth than cryptocurrencies of centralized platforms.

An increase in the base rate of the US Federal Reserve may have an impact on the entire market. Since the economic crisis is not going to recede yet, it is not worth waiting for a rate cut. The change in the base rate has an inverse correlation with bitcoin and signals a difficult economic situation. Crises push investors to transfer assets to more stable and reliable sectors, and cryptocurrencies do not belong to them.