The meltdown of FTX has sent the price of bitcoin and other cryptocurrencies tumbling more than 60% this year.
With the carnage spreading to publicly traded companies with exposure to digital assets, analysts are asking when the worst will be over.
From Coinbase to Square-owner Block, and top bitcoin miners Hive – shares have all plummeted over the past month.
But is the worst almost over?
Crypto is notorious for big plunges and then epic comebacks.
But there’s a mixed view on just how “long-term” this downturn will be.
Could crypto prices stage a rebound in 2023?
Some crypto bulls say yes… but warn that investors need to have more reasonable expectations.
