2023 is a good start, with BTC soaring 40 per cent in January. But the good news is not limited to Bitcoin, because the price rise has had a chain reaction across all login passwords around the world. Mining earnings jumped to $22.66 million in January, and the average of stocks related to login passwords doubled. Despite the big news, venture capital is down 23% from the previous month.

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In order to have a more detailed understanding of the various industries in the login password area, including the use of funds, derivatives, decentralized equity financing (Defi), regulation, etc., Cointelegraph Research publishes a monthly survey report on investor consumption. This kind of monthly report is selected and compiled by cutting-edge authoritative experts on this different topic, and it is a valuable and special tool to quickly understand the situation of the blockchain market.

Bitcoin has potential in the first quarter of 2023

Bitcoin posted a better monthly price performance since October 2021, up nearly 40% in January. After benefiting from the consumer price index (CPI), which indicated a slowdown in inflation in December 2022, login passwords and stock prices gradually cooled as retail sales data fell below expectations and profits fell. With the price of Bitcoin hitting $23920 on January 29th, everyone turned their attention to the meeting of the Federal Open Market Committee, which raised the benchmark lending rate by 25 percentage points. The reason is that money is loose but inflation continues to rise. Bitcoin has almost no ups and downs around $23000, indicating that this information has been recorded in the price.

With the upward trend of BTC in January, foreign exchange trading centralization of the injection and outflow of multi-polarization. The largest monthly outflow in history occurred after the collapse of FTX in November 2022, with monthly outflows of 200000 BTC from all exchanges. Net cash flow is now closer to neutralization, and the decline in the trend of high outflow indicates that investors are gradually returning to the password sales market. The rising month of Bitcoin broke through the 50 -, 100-and 200-day moving averages for the first time in more than a year, as investors regained the operational capacity that had been erased in 2022.

Despite persistent anxiety and hacking, Defi TVL has increased by $10 billion

With the price of bitcoin rising gradually in early 2023, different alternative currencies such as Gala (Gala), Aptos (APT), Threshold (T), Decentaland's MANA and Solana (SOL) experienced a monthly increase of 100% in early 2023. It is caused by the extreme core of negative emotions and the oversaturation of short positions at the end of 2022. However, Friktion, the agreement of the company's headquarters Solana, still announced the suspension of savings, mainly due to the "difficult market for Defi sales in the coming months", suggesting that an economic downturn is likely to occur in the near future.

In addition, along the way to 2022, in a darker world of system vulnerabilities and cyber hackers, many things continue. In other words, the Avraham Eisenberg saga is already under way, and the Qingmang sales market has sued the cyber hacker for $47 million in compensation after a $117 million attack in October 2022. Recently, there have been several asset thefts in the sector.

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