News Snapshot:
A flurry of factors have come together recently to spark a big comeback for crypto . Bitcoin is up big in 2023, gaining 50%, while ether is up more than 40%, according to Coin Metrics. Those gains come after a difficult 2022 for the crypto market. Last year, bitcoin plummeted 65%, and ether lost nearly 68%. Those losses came as monetary policy tightened around the world and investors moved money into more traditional assets and away from riskier ones. Regulatory fears also increased after major debacles in certain stablecoins and the FTX collapse . This year, however, it seems the...
