• The blockchain industry experienced ups and downs throughout 2022, with the market attempting to stabilize at the start of 2023.
• Bitcoin has been trading below its 50-, 100- and 200-day moving averages and has been unable to post a daily close above $18,000 since November 2022.
• Cointelegraph Research publishes a monthly Investors Insights report which provides insight into the different sectors of the crypto space.

The blockchain industry has been on a rollercoaster ride of ups and downs throughout the year 2022, and indications of a global macroeconomic slowdown have only further exacerbated these headwinds. However, signs of stabilization in the crypto market have begun to appear as the new year of 2023 begins.

The most notable and widely watched asset in the crypto space, Bitcoin (BTC), has seen a temporary price bounce to $18,300 on December 13th, following positive Consumer Price Index news. Despite this, the bulls’ efforts were not enough and BTC has not been able to post a daily close above $18,000 since November 9th, 2022. This has led the price to stay within the $15,000 – $17,000 range, granting a win to the bears on the 30th of December when the options expiry came around.

In order to gain a better understanding of the current state of the blockchain industry, Cointelegraph Research has created a monthly Investors Insights report. Compiled by leading experts on the various topics of the crypto space, including venture capital, derivatives, decentralized finance (DeFi), regulations and much more, the report is an invaluable tool for gaining quick insights. It covers the different sectors of the industry to provide investors with information on the current market conditions, as well as provide analysis on potential upcoming movements.

Overall, the blockchain industry is showing signs of potential recovery and stabilization in the new year, despite the uncertain times. Investors should continue to keep a close watch on the market, and utilize the Investors Insights report to stay informed on the various sectors of the crypto space.

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