March2023CryptoMarketAnalysis ShowsHigherCryptoRisks
Astrongstartto2023hasbeenfollowedbya suddenreversalinearlyMarch,withBitcoin downunder$20kfromahighofover$25kin mid-February.
Topauthorizedcrypto walletsandaccessories retailerTheCrypto Merchantannouncesan overviewofthecurrent cryptomarketandemphasizesthe importanceofcrypto securityinbearish marketcycles.
Drivenbyrecenteventsincludingan unexpectedlystronginflationreportand thecrypto-focusedlenderSilvergate Bank’scollapseonMarch8,
therecentbearishtrendispartofafairly predictableseriesofupsanddownsthat havekeptthecryptomarkethighly volatileoverthepast24months.
Andifyouthinkthat meanscriminalsare lessinterestedincrypto assets,you'reinfora surprise.
Mostassetholdersprioritizesecurityduringbullish cycles,andtheoppositedynamicemergesduring slowermarkets-sosecuritygetslaxandcriminalsare havingafieldday.
