{"id":20290,"date":"2023-04-12T12:43:05","date_gmt":"2023-04-12T12:43:05","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/04\/12\/the-cryptocurrency-market-remains-resilient-despite-a-wave-of-bad-news-in-2022-bitcoin-trades-above-30k-up-80-ytd\/"},"modified":"2023-04-12T12:43:05","modified_gmt":"2023-04-12T12:43:05","slug":"the-cryptocurrency-market-remains-resilient-despite-a-wave-of-bad-news-in-2022-bitcoin-trades-above-30k-up-80-ytd","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/04\/12\/the-cryptocurrency-market-remains-resilient-despite-a-wave-of-bad-news-in-2022-bitcoin-trades-above-30k-up-80-ytd\/","title":{"rendered":"The cryptocurrency market remains resilient despite a wave of bad news in 2022. Bitcoin trades above $30k, up 80% YTD."},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2017\/06\/1664485825095-aed3da80-3d13-4f81-8cfa-5f32a16f75b9-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2017\/06\/1664485825095-aed3da80-3d13-4f81-8cfa-5f32a16f75b9-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2017\/06\/1664485825095-aed3da80-3d13-4f81-8cfa-5f32a16f75b9-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2017\/06\/1664485825095-aed3da80-3d13-4f81-8cfa-5f32a16f75b9-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2017\/06\/1664485825095-aed3da80-3d13-4f81-8cfa-5f32a16f75b9.jpg\" alt=\"\" width=\"100%\" height=\"100%\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li>The cryptocurrency market remains resilient despite a wave of bad news in 2022<\/li>\n<li>Bitcoin trades above $30k, up 80% YTD<\/li>\n<li>HODL appears to be the key of Bitcoin\u2019s success as Bitcoin hoarding in private wallets rises<\/li>\n<\/ul>\n<p>2022 has been a horrible bear market for cryptocurrency buyers since November 2021. Bitcoin, the main cryptocurrency, dropped from $69k to $15.5k in a matter of months.<\/p>\n<p>Other cryptocurrencies adopted.<\/p>\n<p>Over the final 12 months, the trade was hit by a wave of destructive news. Just suppose of the FTX collapse, which seems to be the most important fraud in current historical past.<\/p>\n<p>Also, the $2 trillion bear market was the most important in the (comparatively brief) cryptocurrency market\u2019s historical past. Moreover, a number of crypto lender bankruptcies have been introduced.<\/p>\n<p>Finally, over 300 lawsuits and regulation instances scared buyers away.<\/p>\n<p>Yet, the market bounced. It is extremely resilient, rewarding buyers believing in it. For occasion, Bitcoin trades above $30k, up +80% YTD.<\/p>\n<h2>Bitcoin hoarding in private wallets is a constructive signal<\/h2>\n<p>Recent analysis from the Bank of America reveals constructive developments for the cryptocurrency trade. HODL appears to be the key of Bitcoin\u2019s success. According to the analysis, hoarding in private digital asset wallets elevated after Bitcoin\u2019s value jumped above $30k.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/media.igms.io\/2023\/03\/12\/1681297732090-1cc3cabe-6e4a-4132-ac9a-ba1b5938d4e3.jpg\" style=\"width: 1800px\" class=\"fr-fic fr-dib\" width=\"1800\" height=\"237\"\/><\/p>\n<p>This is nothing brief of spectacular, contemplating that Bitcoin was launched lower than twenty years in the past. To put it into context, one Bitcoin was priced at 5 cents in 2010.<\/p>\n<p>It tells a lot concerning the cryptocurrency market\u2019s volatility and that booms, busts, mania, and despair are the norm.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this text<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/should-you-invest-in-cryptocurrencies-as-they-bounced-from-the-2022-lows\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] The cryptocurrency market remains resilient despite a wave of bad news in 2022 Bitcoin trades above $30k, up 80% YTD HODL appears to be the key of Bitcoin\u2019s success as Bitcoin hoarding in private wallets rises 2022 has been a horrible bear market for cryptocurrency buyers since November 2021. Bitcoin, the main cryptocurrency, dropped [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":20292,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[4],"tags":[1299,931,20,428,41,628,183,684,523,2894,6543],"class_list":["post-20290","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-30k","tag-bad","tag-bitcoin","tag-cryptocurrency","tag-market","tag-news","tag-remains","tag-resilient","tag-trades","tag-wave","tag-ytd","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/20290","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=20290"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/20290\/revisions"}],"predecessor-version":[{"id":20291,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/20290\/revisions\/20291"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/20292"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=20290"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=20290"},{"taxonomy":"post_tag","embeddable":true,"href":"h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