Cryptocurrencies are digital assets that are not released by central banks and do not depend on governments. In some sense, regulations touch the crypto realm, but they do not affect crypto emissions in any way. Supply and demand are the main factors that build crypto rates. It works the same way as in the traditional market – the higher the demand for the item, the higher its price, and vice versa. Highly valued crypto assets with real use cases are wanted and bought by investors, so they have high rates. For example, the most traded coins, Bitcoin and Ethereum, are always on the top lists on all rankings. Even when the market is in a downtrend, these assets are in demand, which is why people pick these assets to trade cryptocurrency. There is no reason to doubt that when the tendency changes to bullish, these coins will rise.

The Market Circles

Before you start with cryptocurrency it is important to comprehend the trends. The market of digital assets is known for its high volatility, with rates fluctuating rapidly. The terms “bull” and “bear” describe market trends:

• A bull market means crypto rates grow and investors are optimistic about the market as a whole. The demand for digital assets grows; trading volumes increase, prices rise, and new projects emerge. 
• A bear tendency means demand drop, trade volumes decrease, prices fall, investors are pessimistic, and leave the market. 

Both trends are normal in the market cycle and can be influenced by media events, regulatory changes, and market adoption. It is essential to understand the current market trends and apply risk management to protect your investments.

While bull markets may offer opportunities for more significant returns, they also carry higher risks as prices can be more volatile. In contrast, bear tendencies may offer opportunities for long-term investments at lower prices but also require patience and a long-term perspective. That is the reason to buy cryptos today.

Also, check out Bitcoin for beginners if you want to explore bitcoin-related information!

Cryptocurrency Rise Expected in 2023

It is not necessary that the market trend will change to bullish in spring 2023, but many experts analyze the future of crypto and claim the bull trend will begin this year. Here is the list of the most promising coins to buy now:

• Tezos
• Polygon
• Solana
• Chainlink
• Algorand
• Theta.

You can invest in these digital coins on the WhiteBIT platform – a reliable trading service that you will handle quickly, for it has the most intuitive interface and tools for successful investments. In addition, WhiteBIT is a safe place to store your crypto and trade it. The platform regularly undergoes security audits and is considered as one of the most secure trading platforms in Europe.