This year has demonstrated that perhaps the so-called crypto winter is thawing, as the overall market for digital assets has climbed in value by about 50%.
Bitcoin (CRYPTO: BTC), the world's most valuable cryptocurrency, has performed much better. It's up 77% so far in 2023, crushing even the tech-heavy Nasdaq Composite Index's gain.
Yet despite its impressive momentum, Bitcoin is still 57% off its peak price of nearly $69,000 set in November 2021. This might present a potential opportunity for investors.
Source Fool.com