Bitcoin is soaring; which altcoins will generally rise? The world of cryptocurrencies is developing at a breakneck pace. As interest in digital assets increases, investing in the right cryptocurrency can provide an excellent opportunity to earn high returns. Unfortunately, whether you are an experienced investor or a beginner, navigating the complex world of decentralized currencies can be difficult. But don't worry; we've got you covered! This article will reveal the top six cryptocurrencies to consider buying in 2023. MATIC Polygon, formerly known as Matic Network, is a blockchain platform that facilitates the development and scaling of Ethereum infrastructure. It transforms Ethereum into a multi-chain system and provides a common framework for developing various types of applications. Besides that, Polygon SDK can be used to create optimistic rollup chains, ZK rollup chains, and standalone chains. The platform can process up to 65,000 transactions per second on a single sid
How high can bitcoin rise in 2023? Bitcoin started to rise sharply from around $16,500, reaching a peak of $24,252, an increase of about 47% within a month. So, is Bitcoin's bottom confirmed? How will the market outlook develop in 2023? This article will focus on these issues, mainly from the perspective of the bitcoin bull-bear cycle and other dimensions. The bottom of the Bitcoin cycle has been confirmed Statistically, Bitcoin has historically bottomed out 477 days before halving. If history repeats, Bitcoin's price will bottom out on December 30, 2022, and Bitcoin's on-chain data confirms this cycle script. After the DCG panic, the market did rise sharply, and the bottom shape was confirmed. To further clarify the conclusion, this article selects five indicators of Glassnode for further observation. It uses them to show our current cycle position to further explore the subsequent market development from the perspective of the Bitcoin cycle. Indicator 1: Competitive fee m