BTC Markets


This Week in Crypto: 25th January 2023

Bitcoin and Ethereum consolidate at higher levels, above US$22,500 and US$1,500 respectively. Global central bank policy and earnings season drive action in major global markets. Macro volatility paints a mixed picture of strong price-appreciation against increased talks of recession in major economies.

Bitcoin, Ethereum, and XRP reach highs upwards of 30% from the start of 2023. Markets rise on signs of cooling inflation and decreased bond volatility. Dynamic macro drivers from the US, Japan, and China impact markets. Europe’s Markets in Crypto Assets (MiCA) scheduled for April 2023.

The global printing press came to a pause, causing growth to stagger and inflation to escalate in 2022. The S&P declined 18.1% and the Nasdaq fell 33.1%, marking 2022 as the 7th worst year for the S&P in the last 100 years. Apple and Amazon were the largest market cap losers, both shedding more than US$830 billion of market cap value.

A comprehensive rebranding process is a natural part of a company’s growth and evolution. We have put our hearts and experience into developing a brand-new BTC Markets look that fits our brand identity. Our promise to our clients is continued product improvements and world class client services. We will continue to listen to your feedback and provide you with the genuine level of care and compassion that you have come to expect from us.

The Blockchain Australia Industry Awards (The Blockies) were recently held in Sydney. This annual event recognises excellence and innovation in the Australian blockchain ecosystem. Blockchain Australia is the peak industry body representing members of the blockchain and digital assets community in Australia. BTC Markets took home two ‘Blockies’. One for ‘Digital Currency Exchange of the Year’ and the other for ‘Blockchain Leader of the Year’.

This week in crypto includes BTC Markets crowned 2022 Blockies Winners, Markets Update, State of Crypto and Modernising Australia’s Financial System