Crypto market likely to have passed the bottom

Crypto assets currently remain far from their record levels. In September 2022, the price of a bitcoin once again fell below the USD 20,000 mark. In order to understand the background for these enormous price corrections and to be able to give a well-founded outlook on the future development of crypto-assets, it is essential to consider a number of different aspects.

In our new Crypto Commentary, Ha Duong, Director Crypto Strategies at BIT Capital, analyses which factors have led to such enormous price corrections. He also explains why positive developments and long-term growth are nevertheless to be expected.