Cryptocurrency market slumps on the last day of the Year of the Rabbit

last yearHong Kong-based brokerage CLSA predicted in a January report that 2023 would see market volatility with a more subdued outlook for the Year of the Rabbit, while also urging investors to cautiously push beyond their comfort zones. And indeed, the market “jumped” on its dismal 2022 performance. Bitcoin is up nearly 94% over the past year, while Ethereum (ETH) is up 47%.