Week 3 of 2023 - An overview

Published: Jan 22, 2023

The third week into 2023 and people are starting to think that the worse could be behind us!? Was 2022 just a distant nightmare? It should go without saying that we're still in a bear market but there are some optimistic things at least from a price perspective. The wider macro environment is frankly looking awful with more big tech firms laying off thousands of employees this week. Google parent company Alphabet / announced 12,000 lay-offs on Friday.

Bitcoin however now stands at over 38% gain on the year to date.

News headlines:

• Genesis filed for Bankruptcy
• Overall crypto market cap tapped 1 trillion dollars
• Crypto.com market sizing report shows a massive increase in Crypto owners in 2022
• Crypto Prices cooled off at the beginning of the week but ended strong with Bitcoin briefly touching $23,370 highest price since August '22
• Fear and Greed index bounced into 'Neutral' a few times this week for the first time since 14th August 2022

More changes here at cryptohogo.com too - We've begun expanding our listing pages for both top crypto assets and top crypto exchanges.

Over time we will add more along with current and up-to-date market data.