As global economic outlooks for 2023 continue to call for higher interest rates and slowdowns in economic growth, equities and crypto are heading toward the end of the year deep in the red. Bitcoin, which recovered from its sub-$16,000 level early Tuesday, is currently down more than 66% year to date. Ether, similarly, is approaching a 70% decline since January 2022. Equities are also likely to end the year solidly lower, with the S&P 500 and Nasdaq Composite indexes currently 17% and 30% lower year to date, respectively. “Bitcoin could continue to stabilize here if Wall Street rebounds, but that seems unlikely as ... (full story)