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Find all the economic and financial information on our Orishas Direct application to download on Play StoreAfter being plunged in 2022, the bitcoin and crypto market came back strong in 2023. According to investors, a step will be taken at the beginning of 2024 to democratize investment in the first
cryptos.Last year, Bitcoin raised hopes for a market recovery after a catastrophic year marked by the collapse of Sam Bankman-Fried's empire. Its average value was 28,325 dollars (26,000 euros) in 2023, compared to 25,025 dollars in the last five years. It achieved more than half of its performance for the year (+160%) in the last quarter alone. According to the Glassnode report, “the strong surge in high volumes starting in October allowed Bitcoin to clearly cross $30,000. In 2023, it experienced corrections of limited magnitude, of the order of 20%, against falls of 25% and up to 50% in the past”.
Bitcoin saw a surge in options volumes in 2023, a sign of the growing influence of institutions on prices. The total capitalization of the crypto market jumped by 50% to 1.6 trillion dollars, but it is still 50% below its record in November 2021
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