Coin

<ul class="news-points"> 
 <li>Kaiko highlighted key events that shaped the crypto market in 2023.</li> 
 <li>According to Kaiko, Bitcoin led the crypto rally for the year amid ETF hype.</li> 
 <li>Binance started 2023 with 70% market share but closed with 43.8% amid legal setbacks.</li> 
</ul> 
Kaiko, a financial data platform with analytics tools for cryptocurrency, has highlighted some of the significant events that shaped the <a href="https://coinedition.com/market/">crypto market</a> in 2023. The analysis platform made a series of posts on X (formerly Twitter), referencing those events and noting how they impacted the crypto market in the year. 
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 <img decoding="async" width="606" height="591" src="https://coinedition.com/wp-content/uploads/2023/12/Kaiko-stETH-Liquidity.png" alt="" class="wp-image-356747" srcset="https://coinedition.com/wp-content/uploads/2023/12/Kaiko-stETH-Liquidity.png 606w, https://coinedition.com/wp-content/uploads/2023/12/Kaiko-stETH-Liquidity-300x293.png 300w, https://coinedition.com/wp-content/uploads/2023/12/Kaiko-stETH-Liquidity-380x371.png 380w, https://coinedition.com/wp-content/uploads/2023/12/Kaiko-stETH-Liquidity-91x89.png 91w, https://coinedition.com/wp-content/uploads/2023/12/Kaiko-stETH-Liquidity-456x445.png 456w, https://coinedition.com/wp-content/uploads/2023/12/Kaiko-stETH-Liquidity-253x247.png 253w, https://coinedition.com/wp-content/uploads/2023/12/Kaiko-stETH-Liquidity-246x240.png 246w, https://coinedition.com/wp-content/uploads/2023/12/Kaiko-stETH-Liquidity-169x165.png 169w, https://coinedition.com/wp-content/uploads/2023/12/Kaiko-stETH-Liquidity-216x211.png 216w, https://coinedition.com/wp-content/uploads/2023/12/Kaiko-stETH-Liquidity-72x70.png 72w, https://coinedition.com/wp-content/uploads/2023/12/Kaiko-stETH-Liquidity-77x75.png 77w" sizes="(max-width: 606px) 100vw, 606px">
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 <a href="https://twitter.com/KaikoData/status/1737832744347173363" target="_blank" rel="nofollow">Kaiko Lists Factors</a>
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According to Kaiko, Bitcoin led the crypto rally for the year amid ETF hype, with the best risk-adjusted returns relative to most traditional assets. There were rumors on many occasions that the U.S. <a href="https://coinedition.com/tag/sec/">Securities and Exchange Commission (SEC)</a> was about to approve multiple spot Bitcoin ETF applications. The crypto market surged with every rumor, expectations increased, and Bitcoin led the rallies. 
Kaiko also noted that developments within Binance, the largest crypto exchange by volume, impacted the crypto market, albeit negatively, from an overall perspective. According to the analytics platform, Binan…
The post <a href="https://coinedition.com/kaiko-lists-factors-behind-the-2023-crypto-market-trends/">Kaiko Lists Factors Behind the 2023 Crypto Market Trends</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Kaiko Lists Factors Behind the 2023 Crypto Market Trends

Coin Edition

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