Crypto Holds Steady in Early 2023 as Asia Rings in Year of the Dragon
• Bitcoin trading flat around $42,000 while CoinDesk 20 Index down 0.75% • Asia celebrating Lunar New Year and Year of the Dragon, considered lucky and prosperous • Bitcoin up 94% and Ethereum up 47% over last year; crypto outperformed S&P 500 • Ethereum has potential in 2023 with lower fees expected from upgrades and possible ETF impact • Bitcoin's halving later this year and taming inflation look promising for crypto prices