Cryptocurrency News

Crypto firms off to rocky start in 2023 with outflows, layoffs and a lawsuit. The crypto industry’s woes continued on Thursday as plunging deposits, layoffs and a lawsuit added to the tumult of 2022, which was dominated by sinking prices and high-profile bankruptcies.

Today’s Cryptocurrency Prices by Market Cap

The total volume in DeFi is currently $2.05B, 6.58% of the total crypto market 24-hour volume. The volume of all stable coins is now $29.42B, which is 94.34% of the total crypto market 24-hour volume. Bitcoin’s dominance is currently 39.58%, a decrease of 0.04% over the day.

Crypto markets are volatile, so buying cryptocurrencies at any price—let alone a dip that might become a long-term trend—is risky. While prices could return to previous levels, they could also fall even further, leaving your investment underwater

Bitcoin, the world’s largest digital token, surged 1.21% to trade at $16,727.34, whereas Ethereum remained above the $1,200 mark. “The largest cryptocurrency, Bitcoin, entered 2023 on a positive note as it witnessed a jump of 0.39% in its value

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