"2023 Crypto Roundup: Performance Highlights and Entrepreneurial Wins & Losses"
TL;DR Summary
In 2023, Bitcoin (BTC) experienced a significant 156% surge, outperforming traditional finance assets and ending the year with a price around $42,500. Solana (SOL) was the standout among altcoins with an impressive 900% yearly increase, despite concerns related to FTX and Alameda. Other notable gainers included Avalanche (AVAX), Chainlink, Bitcoin Cash, ICP, OP, and Cardano (ADA), with STX also seeing a 600% rise. However, larger-cap altcoins like ETH, XRP, DOGE, MATIC, and DOT saw yearly gains under 100%, with BNB up by 27%. The total crypto market cap more than doubled, reaching over $1.6 trillion by the end of 2023.
- SOL, ADA, AVAX, XRP, or BTC – Who Performed Best in 2023 (New Year’s Market Watch) CryptoPotato
- 2023 Review: Bitcoin rebounds as hope builds for next year Washington Examiner
- First Mover Americas: Bitcoin Set to Ring in the New Year Up Nearly 160% CoinDesk
- Crypto entrepreneurs: Top winners and losers of 2023 Cointelegraph
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