Is Doomsday over? What 2023 Holds for Crypto

2022 was certainly a scary year for crypto-lovers. With the market experiencing one of its darkest valleys of losses following the Luna crash and demoralising FTX bankruptcy; fear, uncertainty, and pessimism took over at an all-time high. The result is a massive sell-off of crypto assets and little investments coming in. It begs the question, "will crypto survive?" I think YES. Historically, the crypto market has always bounced back, especially after an all-time low. We saw it in 2020 when the market skyrocketed after plummeting 80% between 2014-2018. While not all projects that fell through in 2022 will come back , you can be assured of the survival of leading cryptos like Bitcoin and Ethereum in 2023. A sizable spike in the price of BTC or ETH owing to returning investors' and enthusiasts' trust in crypto as a faster, fairer, more secure and decentralised alternative to traditional financial systems is usually enough to revive the entire cryptocurrency market.