Table of Contents

After two months of quasi-euphoria, a large wick to the downside brought investors back to reality. December is often a decent month for markets as investors anticipate a fresh start in January. A round up on the year to date: Bitcoin ($BTC) steady at $43,000, and altcoins holding their Q4 gains.

Heading into 2024, will Ethereum ($ETH) finally break $3,000? How will smaller caps perform? And what is the top crypto to buy in 2023? Based on momentum, Galaxy Fox ($GFOX) is the leading contender and is already on route to raising $1 million.

Yearly Roundup: $BTC Steady, When Will $ETH Target $3,000?

Crypto markets follow a painfully predictable pattern. Anybody who has seen multiple cycles already knows the script. One year down and then three years up. 2022 was a brutal bear market, and all leverage was forcefully ejected. All the hidden cracks came to the fore as prices dipped, and the over-extended players got washed out.

These events, although painful, were necessary. They allowed for a reset and the creation of stronger foundations for eventual moves higher. 2023 has been an excellent year of recovery, and despite fears of poor macro conditions, digital assets have performed superbly, and the top 10 crypto coins have reasserted their strength.

Bitcoin is steady and has held support at $40,000. Sideways chop is the likely outcome until the Spot ETF approvals in January. But the more prominent question is when will $ETH target $3,000? Ethereum has underperformed relative to other assets, especially in the last two quarters. While many are rotating their $ETH bags, experts predict a revenge rally in early 2024.

When the $BTC ETF gets approved, speculation will instantly latch onto the Ethereum Spot ETF, and many who sold their $ETH bags early will become embittered. But the most exciting sector of the industry has been presales in Q4, with projects like Galaxy Fox absolutely tearing.  

Galaxy Fox ($GFOX) Glut of Demand Sends Presale
Go to Source to See Full Article
Author: Crypto Daily

Did you like this?
Tip BTC Newswire with Cryptocurrency

• Bitcoin
• Bitcoin Cash
• Ethereum
• Litecoin
• Monero
• ZCash

Donate Bitcoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Bitcoin Cash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Ethereum to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Ether:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Litecoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Litecoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Monero to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Monero:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate ZCash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some ZCash:

Copy ZCash Address

[X] Click Here to Hide Donation Details